SabPaisa Gets RBI Nod To Operate As A Payment Aggregator.

Banking & Finance

Payments solutions startup SabPaisa has received ‘in-principle’ approval from the Reserve Bank of India (RBI) to operate as a payment aggregator. The licence will enable SabPaisa to fill the ‘innovation gap’ and scale its offerings to onboard more merchants onto its fold. The authorisation will also enable the startup to bring ‘unification, inclusivity, experience and performance’ in the platform’s product suite.


      The New Delhi-headquartered bootstrapped startup claims to have grown its revenue 2X in the past two fiscal years

      SabPaisa joins a small group of fintech startups including Infibeam Avenues, Razorpay, Mswipe and Pine Labs that have received the licence

     

 

     


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CEO -Shaktikanta Das
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