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BharatPe Group company gets RBI nod for payment aggregator licence

  • BharatPe Group company Resilient Payments Pvt Ltd has received approval from the Reserve Bank of India (RBI) to operate as an online payment aggregator.
  • The approval positions BharatPe as the only fintech firm in India to hold an NBFC license via Trillion Loans, a stake in Unity Small Finance Bank, and a payment aggregator license.
  • BharatPe aims to deepen its presence in Tier II and III cities, where digital payment adoption is nascent but growing rapidly.
  • The company plans to launch an online payment aggregator platform under the brand 'BharatPe X', targeting deeper penetration in smaller cities and high-growth sectors.

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