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Press background on Paisabazaar.com
Company profile
Paisabazaar.com is India's largest online financial marketplace for investment and lending products. It currently offers all kinds of retail lending products such as personal loan, home loan, loan against property, auto loan, gold loan, education loan and credit cards. It also offers investment products, including mutual funds, savings account and fixed deposits on its platform.
 Recent press releases
Paisabazaar Closes FY'23 at an Annualised Loan Disbursal Rate of Over Rs. 15,000 Crore

Paisabazaar, part of the PB Fintech Group, today announced that it has reached an annualised loan disbursal rate of over Rs 15,000 crore in March 2023. Paisabazaar registered a 76% year-on-year growth in loan disbursals, disbursing Rs.11,619 crore in FY 2023. 
 
FY disburs... (more)
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Paisabazaar Achieves Profitability Ahead of Guidance

Paisabazaar, India’s leading marketplace for consumer credit and free credit score platform, announced that it became profitable in December 2022 (on adjusted EBITDA basis). Paisabazaar, part of PB Fintech Limited, has reached this milestone ahead of its guided timeline. The milestone has ele... (more)
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Paisabazaar, RBL Bank Launch 'Duet Credit Card'

Digital marketplace for consumer credit and free credit score platform Paisabazaar and RBL Bank today announced the launch of their new Co-created credit card ‘Duet’.
 
Paisabazaar and RBL Bank's Duet Credit Card provides 2-in-1 benefits
 
D... (more)
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Paisabazaar Reaches Annualized Rates of Rs. 12,000 Crore Loan Disbursal and Half Million Credit Cards Issued

Digital marketplace for consumer credit and free credit score platform Paisabazaar announced today that it has reached an annualized loan disbursal rate of Rs. 12,000 crore along with an annualized rate of 0.5 million credit cards issued. In Q2 of FY 2022-23, Paisabazaar’s disbursals grew by ... (more)
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Paisabazaar's Credit Awareness Initiative Reaches 30 Million Consumers from 823 Cities; 67 percent Consumers from Non-metros

Paisabazaar, India’s largest digital marketplace for consumer credit and free credit score platform, announced today that over 30 million consumers have checked their credit score on its platform in the last 6+ years. Paisabazaar offers consumers their credit score and report, with free lifet... (more)
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Paisabazaar Closes its Largest Working Capital Loan of Rs. 4.5 Crore

Paisabazaar, India’s largest digital marketplace for consumer credit, announced today that it has closed its largest working capital loan of Rs 4.5 crore. The working capital loan, sourced through the Paisabazaar platform, was disbursed by Axis Bank, India’s third largest private sector... (more)
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Consumers between 35 and 40 years Most Credit Healthy: Paisabazaar's Insights Report

An insights report by Paisabazaar, India’s largest digital marketplace for consumer credit, revealed that consumers between 35 and 40 years of age are the most credit healthy, while those below 25 years are the least credit healthy.
 
In the last 6+ years, over 2.7 crore ... (more)
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Over 65 Lakh Paisabazaar Consumers with Delinquencies Clear Outstanding Debt

Paisabazaar, India’s largest digital marketplace for consumer credit, announced today that its credit awareness initiative has helped a large share of its consumer base to clear their outstanding debt. According to Paisabazaar, over 65 lakh consumers, who checked their free credit score from ... (more)
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Paisabazaar's Credit Awareness Initiative Enables Over 52 Lakh Consumers to Improve their Credit Score Significantly

Paisabazaar, India’s largest* digital marketplace for consumer credit, announced today that 52.7 lakh consumers, who checked their free credit score from its platform, have improved their credit score by 20 points or more over a period of 18 months. This includes 23.6 lakh customers whose sco... (more)
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Paisabazaar.com Strengthens Neo-Lending Product Suite, Launches New Co-created Product with RBL Bank

Paisabazaar.com, India’s largest* digital marketplace for consumer credit, announced the launch of ‘Paisa on Demand’ (PoD) - An one-of-a-kind credit card, co-created with RBL Bank. PoD is Paisabazaar.com’s third co-created product under its neo-lending strategy, which has be... (more)
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