Unstoppable. Ambition: Zidd Aage Badhne Ki

A strong determination to make India a financially inclusive nation is the driving force behind all our initiatives. We are determined to provide easy access to financial services to everyone, everywhere.

In this journey, we are joined by our committed retail community, our partners, who form the force multiplier to our initiatives. We are determined to ensure our retail partners grow and prosper in this digital age and together we contribute to a stronger India.

This determination to create a digitally forward and financially inclusive India forms the cornerstone of our brand DNA.

Awards & Recognitions

Great Place to Work® Institute (India)
Great Place to Work® Certified
February 2023
Konnect Insights Awards & Summit
Best Social CRM – Fintech
December 2022
BFSI Leadership Awards
Best Cash Management Solutions – Fintech
September 2022
Emerging L&OD Champion
Emerging L&OD Champion
September 2022
Business World HR Excellence Award
Best Emerging HR Strategy
August 2022
Great Place to Work® Institute (India)®
Best in Industry: Fintech
February 2022
Great Place to Work®
Great Place to Work® Certification™
February 2022
BFSI CTO Summit 2022
BFSI Excellence Awards 2022
February 2022
Harvard Business Publishing
Building India's 2.0: PayNearby
January 2021
Entrepreneur India Awards
Fintech Start-up of the Year - Payments
August 2021
Retail Technology Conclave
Retech Startup Award
September 2021
19th Asian HR Leadership Award
Dream Company To Work For
June 2021
India FinTech Awards (IFTA)
Fintech Rising Star
December 2020
PICUP Awards
Best Fintech in Payments
September 2020
DigiDhan Mission FinTech Award
Innovation in Digital Payments Acceptance Infrastructure in Rural India
October 2019
India Finance Inclusive Awards
Fintech Innovation in Financial Inclusion
December 2019
Business Today
Best Fintech in Payments
March 2020
Women Economic Forum
Leader of the Decade
July 2020
Women Economic Forum
Iconic Leaders Creating a Better World for All
July 2020
SKOCH Order of Merit Awards
Financial Inclusion
June 2019
REACH - Mastercard® Acceptance
Fastest Growing Digital in Kirana Segment
April 2020
World Payments Congress & Awards
50 Most Influential Payment Professionals
February 2019
ICAI Awards
CA Innovator Award
January 2019

About PayNearby

Nearby Technologies Pvt. Ltd. is a DIPP Certified Fintech Company registered under The Startup India program of Government of India, set up in April 2016 by a team of professionals with experience in Digital Banking & Payments industry. The team works on deep insights and understanding of payment and transaction technology space.

We operate on a B2B2C model, where we partner with neighbourhood retail stores and enable them with the tools to provide assisted financial and digital commerce services to their local communities. Our innovative solutions are modelled to make transactions seamless, quick and easy and strives to empower our retail partners and their customers. Local communities across 20,000 plus PIN codes access PayNearby Partner stores to avail a range of services including cash withdrawal, cash deposits, money transfer, savings, insurance, travel, Digital Payments, access to government benefits and many more.

We, at Nearby, aspire to empower 50,00,000 stores across Tier I, II and rural towns in India. Using the power of Aadhaar & Mobility, we are motivated to transform the Nearby retail stores into Fintech Marts. The stores will serve as a catalyst to Digitize Cash for the mass market customer and give him access to fintech services which were earlier available only to those who had digital money.

Let’s together create “India’s Largest Branchless Banking Network”


Make financial services available to everyone, everywhere


Build the largest branchless banking network that helps create a more progressive society through easy access to financial services

Our Score Card

  • 28 %

    Market share in AePS

  • 20 Lakhs

    Transaction daily

  • 50 Lakhs

    No of retailers

  • 11 %

    Market share in DMT

  • 20,000 +

    Pin codes in India

  • 82,000 crs

    GTV processed annually

  • 08

    Union Territories

  • 28


Our Growth Story

Founding team registered the company – Nearby Technologies Pvt Ltd
  • Retail stores onboarded: 6,000
  • Customers serviced: 1 Lac+
  • Launches: Money Transfer Services
  • Retail stores onboarded: 10,000
  • Customers serviced: 2 Lac+
  • GTV INR 1,278 Crore
  • Launches: Recharge Services
  • Retail stores onboarded: 44,000
  • Customers serviced: 3 Lac+
  • Launches: AePS (Aadhaar ATM), Bill Payment, SMS Payment & Bus booking service
  • Retail stores onboarded: 1,24,000
  • Customers serviced: 8 Lac+
  • GTV INR 11,000 Cr
  • Launches: Deployed AePS switch
  • Retail stores onboarded: 3,00,000
  • Customers serviced: 2 Cr+
  • Launches: Flight and Hotel booking, FASTag, Aadhaar & UPI Pay Services
  • Retail stores onboarded: 3,50,000
  • Customers serviced: 3 Cr+
  • Launches: Group Personal Accident Insurance, Cash Collection service
  • Retail stores onboarded: 7,00,000+
  • Customer serviced: 7 Cr+, 10 Lac transactions daily processed
  • Retail stores onboarded: 8,00,000+
  • Customers serviced: 8 Cr+, across 17,000+ pin codes
  • Launches: Micro ATM service
  • Retail stores onboarded: 10,00,000
  • Customer serviced: 10 Cr+
  • GTV INR 92,000
  • Launches: Multiple Banks integrated for AePS & DMT service. 5 Cash collection partners, Virtual Prepaid card
  • Retail stores onboarded: 20,00,000
  • Customers serviced: 10.5+ crs
  • Launches: COVID Insurance, UPI QR, BuyNearby (PAN India), Khata Management, Mini-Statement, Savings Khata Insurance and 8 Cash Collection Partner.
  • Retail stores onboarded: 25,00,000
  • Customers serviced: 11.5+ Cr
  • Launches: Digi Smart Transfer (DST), PayNearby Rewards, Savings Insurance Khata (PAN India), Device Insurance, Gold Unlocker, and Mini Statement service
  • Retail stores onboarded: 30,00,000
  • Customers serviced: 12.5+ cr
  • Launches: Revamp of corporate website, App available in 10 languages
  • Retail stores onboarded: 33,00,000
  • Customers serviced: 13.5+ cr
  • GTV INR 1,45,000 Cr
  • Launches: OTP based rail booking
  • Retail stores onboarded: 36,00,000
  • Customers serviced: 15+ cr
  • Launches: Saathi app - PayNearby’s Customer facing application, Soft POS with Rupay, Amazon (PAN India), GPA with Edelweiss partner & Customer Shopping Card
  • Retail stores onboarded: 38,00,000
  • Customers serviced: 15.5+ cr
  • Launches: NeoDukaan, Betterplace (Saathi), PayNearby Rewards, Tax2Win, Revamped UI, Home Loan & Car insurance
  • Retail stores onboarded: 41,00,000
  • Customers serviced: 20+ cr
  • Launches: Home loan, Amazon Great Indian Festival, PayNearby Power Plus
  • Retail stores onboarded: 51,00,000
  • Customers serviced: 22+ cr
  • Launches: Business Loans
  • Retail stores onboarded: 55,00,000
  • Customers serviced: 23+ cr
  • Launches: Gift Card, Pan Issuance
  • April 2016
  • Sept 2016
  • Mar 2017
  • Sept 2017
  • Mar 2018
  • Sept 2018
  • Dec 2018
  • Sept 2019
  • Dec 2019
  • Mar 2020
  • June 2020
  • Sep 2020
  • Dec 2020
  • Mar 2021
  • June 2021
  • Sept 2021
  • Dec 2021
  • Mar 2022
  • June 2022

Our Patents

Our Association

Our Partners

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