BharatPe plans $5 bn loan book to help small businesses with credit: CEO

Company expects growth from Unity Small Finance Bank, its joint venture with Centrum Group, says Suhail Sameer

Financial technology company BharatPe plans to build a loan book of $5 billion in five years to serve credit needed by millions of small businesses in India, a senior executive has said.

The Delhi-based firm is about to cross $14 billion in annualised total payment value and it is working to ramp up to about $30 billion TPV by March 2023.

“Our plan is to build a lending book of about Rs 40,000 crore ($5 billion) in five years,” said Suhail Sameer, chief executive officer of BharatPe, in an interview. “Hopefully, a large part of this would be funded by