About Us

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 who can offer Assisted Digital Financial Services like Aadhaar ATM, Aadhaar Deposit, SMS Payment, Khata Service, Utility Payment, Prepaid Cards, Mutual Funds & Insurance, Money Transfer, Hyperlocal Services and payment services like Bharat QR and UPI using the PayNearby App. Our innovative solutions are modeled to make the financial transactions seamless, quick, easy and strives to empower our retailer partners.

 

We, at Nearby, aspire to empower 20,00,000 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 to benefit from FinTech services which were earlier available only to customers who had digital money.

 

Let’s together create “India’s Largest Hyperlocal Finserve Network”

Our Journey

  • APRIL 2016

    Founding team orchestrated, Registered the Company

  • JULY 2016

    Commenced Operations, DIPP Recognizes Nearby as Startup, YES BANK powers us and integrates our Technology

  • SEPTEMBER 2016

    2,000 Nearby Retail Stores On Boarded, Launched Money Transfer Service, 1 Lac Customers Serviced, GTV INR 65 Cr/month

  • DECEMBER 2016

    5,500 Nearby Retail Stores On Boarded, Launched Mobile/DTH Recharge Service, 5 Lac Customers Serviced, GTV INR 250 Cr/month

  • MARCH 2017

    10,000 Nearby Retail Stores On Boarded, 12 Lac Customers Serviced, GTV INR 520 Cr/month

  • JUNE 2017

    15,000 Nearby Retail Stores On Boarded, Launched Aadhaar ATM Service, 25 Lac Customers Serviced, GTV INR 620 Cr/month

  • SEPTEMBER 2017

    22,000 Nearby Retail Stores On Boarded, Launched Bill Payment & SMS Payment Service, 36 Lac Customers Serviced, GTV INR 780 Cr/month

  • DECEMBER 2017

    35,000 Nearby Retail Stores On Boarded, Launched Aadhaar Deposit Service, Deployed AEPS Switch, 40 Lac Customers Serviced, GTV INR 800 Cr/month

Our Management Team

Our Partners

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