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BharatPe Group Secures Final RBI Nod for Resilient Payments, Bolstering Fintech Credentials
News
09 April 2025
2 min read
2614
The Reserve Bank of India has granted final authorization to Resilient Payments Private Limited, a wholly owned subsidiary of the BharatPe Group, to operate as an online payment aggregator. This move cements BharatPe’s position as a leading full-stack fintech player, adding to its already expansive financial services portfolio.
With this license in hand, BharatPe becomes the only Indian fintech to hold a Non-Banking Financial Company (NBFC) license (via Trillion Loans), a significant stake in a Small Finance Bank (Unity SFB), and now the authority to run an online payment aggregation platform.
The group is set to launch its aggregation services under the brand ‘BharatPe X’, aiming to provide seamless and scalable payment solutions to merchants, especially in underserved Tier 2 and Tier 3 markets. The platform will focus on driving digital payment adoption among small businesses while enhancing BharatPe’s merchant value proposition.
Commenting on the development, Nalin Negi, CEO of BharatPe, said, “This final authorization from the RBI is a significant vote of confidence in our vision, our compliance-first approach, and the strength of our technology and governance frameworks.”
The fintech major is expected to deepen its presence in India’s rapidly growing digital payments ecosystem, enabling merchants to access integrated financial services on a single platform.
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