Corporate Development     

Published: January 31, 2025
Updated: January 31, 2025

Paisalo Digital Ltd

Uniquely positioned to scale new heights in financial inclusion

Paisalo Digital Ltd. (BSE: 532900, NSE: PAISALO), a leading Non-Banking Financial Company (NBFC), has announced a significant achievement, serviced over 59 lakh customers by initiating transactions worth over INR 3,400 crores within two years with its strong network of business correspondents collaborations with prominent banking partners, including State Bank of India (SBI) and Bank of India (BOI).

This landmark accomplishment underscores Paisalo’s commitment to financial inclusion by leveraging technology and robust partnerships with leading financial institutions to provide seamless banking facilities to India’s under-banked population.

Commenting on this milestone, Mr. Santanu Agarwal, Deputy Managing Director of Paisalo Digital Limited, said, “The past two years have been a testament to Paisalo’s ability to deliver impactful financial solutions at scale. Our fastpaced growth reflects the trust our customers and partners have in us. As we look ahead, this success lays the foundation for achieving our ambitious vision for 2025—to further expand our outreach, innovate our offerings, and contribute meaningfully to India’s financial ecosystem.” vanced technology, seamless operations, and customercentric solutions

Earlier, the company announced that its board has approved raising of up to Rs. 258.16 Cr through preferential issue of convertible warrants at a price of Rs. 58.20 per warrant, to non-promoter group entities. FPIs UNICO Global Opportunities Fund Limited & NOVA Global Opportunities Fund PCC-TOUCHSTONE are amongst proposed allotees.

Paisalo Digital Limited is a non-deposittaking NBFC registered with the Reserve Bank of India. A thriving listed NBFC with a robust distribution network in rural and semi-urban areas of India. Having serviced over 65 lakh + customers and 3275 touch points across 22 states in the country, Paisalo is currently at the forefront and a pioneer in seamless credit distribution services and administration of income generation loans.