Tech

PB Fintech Gets Nod To Operate As Payment Aggregator

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SUMMARY

This comes more than a year after the fintech major, in March 2024, first announced plans to incorporate PB Pay to enter the payment aggregation business

Once it gets the final authorisation from the RBI, PB Pay will be able to offer payment processing services and will compete with the likes of Razorpay, Cashfree, CCAvenue, other

PB Fintech’s consolidated PAT soared 92% YoY to INR 71.54 Cr in Q3 FY25 while operating revenue zoomed 48% YoY to INR 1,291.62 Cr

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