Paisalo Digital rises after BC channel crosses $1 billion in transaction value
Mumbai, Aug. 10 -- The company said the milestone highlights the scale and growing importance of its BC ecosystem, which has become a key part of its strategy to expand formal financial services across underserved rural and semi-urban markets.
Paisalo Digital said its technology-enabled BC platform combines physical distribution, partnerships with banks and digital infrastructure to deliver financial services to underserved customers. The company operates an asset-light, partnership-led model through the channel.
As of Q1 FY27, Paisalo's network comprised 5,995 touchpoints across 23 states, supported by 1,574 Business Correspondents. The company has partnerships with public sector banks including State Bank of India, Bank of India and I...
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