Insights

Expanding Retail Network PayNearby is rapidly increasing its retail footprint, planning to add 5 lakh new retailers over the next two years, which presents a significant opportunity for B2B product providers and technology solutions tailored for retail onboarding and support.

Digital Financial Inclusion With a network of over 1.2 million neighborhood retailers and 5 crore customers, PayNearby demonstrates extensive reach in underserved markets, making it an ideal partner for companies offering digital banking, microfinance, or affordable financial services.

Potential Investment Partner Planning a public listing in FY26 and an IPO in early 2026, PayNearby is seeking substantial growth through fundraising, presenting opportunities for financial service providers, investors, and partners interested in supporting or aligning with a soon-to-be public fintech leader.

Healthcare Partnership Recent collaboration with M-Swasth Solutions to deliver affordable healthcare via a network of 3,800 clinics indicates opportunities for healthtech and insurtech companies to offer products integrated with PayNearby’s extensive retail infrastructure.

Technological Infrastructure Utilizing cloud-based platforms like AWS and multiple open-source technologies, PayNearby’s tech stack supports scalable digital services, creating opportunities for tech vendors and integrators to provide specialized solutions for payments, security, and digital payments infrastructure.

PayNearby Tech Stack

PayNearby uses 8 technology products and services including Gravatar, Amazon Web Services, RSS, and more. Explore PayNearby's tech stack below.

  • Gravatar
    Audio, Video, Graphics
  • Amazon Web Services
    Cloud Hosting
  • RSS
    Content Management System
  • WordPress
    Content Management System
  • Slick
    Javascript Libraries
  • CentOS
    Operating Systems
  • YouTube
    Video Players
  • OpenSSL
    Web Server Extensions

Media & News

PayNearby's Email Address Formats

PayNearby uses at least 1 format(s):
PayNearby Email FormatsExamplePercentage
First.Last@paynearby.inJohn.Doe@paynearby.in
92%
First.L@paynearby.inJohn.D@paynearby.in
4%
First@paynearby.inJohn@paynearby.in
3%
First.Middle@paynearby.inJohn.Michael@paynearby.in
1%

Frequently Asked Questions

Where is PayNearby's headquarters located?

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PayNearby's main headquarters is located at 1st Floor, Arena House, Rd Number 12, Marol MIDC Industry Estate, Andheri East, Mumbai, Maharashtra 400093, IN. The company has employees across 3 continents, including AsiaNorth AmericaEurope.

What is PayNearby's official website and social media links?

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PayNearby's official website is paynearby.in and has social profiles on LinkedInCrunchbase.

What is PayNearby's NAICS code?

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PayNearby's NAICS code is 52 - Finance and Insurance.

How many employees does PayNearby have currently?

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As of October 2025, PayNearby has approximately 1.4K employees across 3 continents, including AsiaNorth AmericaEurope. Key team members include Chief Marketing Officer-Paynearby & Business Head-Digital Naari: J. D.Chief Technology Officer: V. V.Chief People Officer: R. S.. Explore PayNearby's employee directory with LeadIQ.

What industry does PayNearby belong to?

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PayNearby operates in the Financial Services industry.

What technology does PayNearby use?

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PayNearby's tech stack includes GravatarAmazon Web ServicesRSSWordPressSlickCentOSYouTubeOpenSSL.

What is PayNearby's email format?

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PayNearby's email format typically follows the pattern of First.Last@paynearby.in. Find more PayNearby email formats with LeadIQ.

When was PayNearby founded?

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PayNearby was founded in 2016.
PayNearby

PayNearby

Financial ServicesIndia1001-5000 Employees

Incepted in April 2016, PayNearby is a DPIIT-certified company and India’s leading branchless banking and digital network. PayNearby operates on a B2B2C model, where it partners with neighbourhood retail stores and enables them with the tools to provide digital and financial services to local communities. PayNearby’s mission is to make financial and digital services available to everyone, everywhere. The company aims to simplify high-end technology so that it can be easily assimilated at the last mile while transforming the lives of its retail partners and customers.

Today, through its tech-led DaaS (Distribution as a Service) network, PayNearby enables services like cash deposits, withdrawals, ecommerce, credit, insurance, travel, utility payments, and more. Currently, PayNearby’s 12+ lakh retail partners & 1.5+ lakh Digital Naaris spread across 20,000+ PIN codes assist over 5+ crore customers across the country, facilitating 25 crores yearly transactions.

Section iconCompany Overview

Headquarters
1st Floor, Arena House, Rd Number 12, Marol MIDC Industry Estate, Andheri East, Mumbai, Maharashtra 400093, IN
NAICS Code
52 - Finance and Insurance
Founded
2016
Employees
1001-5000

Section iconFunding & Financials

  • $100M$250M

    PayNearby's revenue is estimated to be in the range of $100M$250M

Section iconFunding & Financials

  • $100M$250M

    PayNearby's revenue is estimated to be in the range of $100M$250M

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