BharatPe secures final RBI nod to operate as payment aggregator
10 Apr 2025, 02:25 AMThe Delhi-based digital payments giant received its in-principle approval from the central bank in January 2023.
Team Head&Tale
Share the story on
BharatPe has received the Reserve Bank of India (RBI) approval to operate as an online payment aggregator. The company plans to operate its payment aggregator business under the brand name 'BharatPe X'.
The Delhi-based digital payments giant received its in-principle approval from the central bank in January 2023. The licence has been granted to BharatPe's subsidiary Resilient Payments.
BharatPe CEO Nalin Negi said, "This final authorisation is not just a milestone, but a responsibility we take seriously. It speaks to the strength of the governance practices and operational frameworks we’ve put in place over the years.”
Sandeep Indurkar, CEO of Resilient Payments, added, "We're looking to broaden our footprint across high-potential markets, enhance our product suite, and bring more innovation to how businesses accept and manage digital payments. The focus now is on execution—building with intent, speed, and reliability.”
Founded in 2018, BharatPe claims to have a merchant network over 1.3 crore. The company processes more than 450 million UPI transactions monthly, with an annual transaction value surpassing Rs 1.7 lakh crore. Through BharatPe Money, it has disbursed loans over Rs 18,000 crore in partnership with NBFCs, offering products like loans against mutual funds and home loans. BharatPe has raised over $580 million from investors such as Peak XV Partners, Ribbit Capital, Tiger Global among others.
Companies like Razorpay, Google Pay, Cashfree, CC Avenue, Easebuzz, Innoviti Payments among others have already secured the PA licence over last two years. And, of which, Zomato has already surrendered its licence.
Who Reads Us
“I enjoy reading The Head and Tale for their coverage on the Fintech landscape. The reporting is incisive and honest, and it demonstrates a sharp understanding of the industry and the issues that concern it. I'd like to extend my best wishes to Arti for her continued success.”
“Well-researched, informative and analysis based reporting makes an interesting read. 'The Head and Tale' news portal has been demonstrating this quite well covering fintech and emerging tech sectors. Their timely updates, exclusive stories and different perspectives on these sectors help me stay informed. Kudos to Arti Singh for pursuing her passion and best wishes to the team.”
“The Head and Tale stands out for its deep industry knowledge and impressive network of sources. I especially appreciate that the reporting remains independent, rarely resorting to paid puff pieces, making it a publication I can genuinely trust. Having followed Arti’s work for years, I’ve come to rely on The Head and Tale for its unparalleled insight and truly independent coverage. Arti’s long-standing presence in the sector means her reporting is always informed, with access few can match.”
“What I really appreciate about The Head and Tale is that it doesn’t just report the news, it interprets it. The stories are well-researched, comprehensive, and bold. Arti brings a fearless lens to reporting, often asking the uncomfortable but necessary questions. She makes you pause, reflect, and rethink what it all means for the payments and fintech ecosystem. It’s rare to find journalism that’s this sharp, timely, and relevant to the work we do every day.”
“I’ve always valued journalism that goes beyond surface-level headlines. The Head and Tale does exactly that - it connects the dots, asks the tough questions, and brings clarity to the shifts shaping our evolving industry. I’ve even encouraged my team members to subscribe, because staying informed through credible, deeply reported stories is as important as building products. For me, The Head and Tale has become part of essential reading.”
Related News
