We do much more than just enable payments: PayNearby CEO Anand K Bajaj

'We want to make India a more inclusive and empowered nation'

PayNearby partners with neighbourhood retail stores and empowers them with the tools to provide digital and financial services to local communities over the last mile. It has, in effect, reimagined the business correspondent model to hawk a host of financial services untouched by legacy regulated entities. ANAND KUMAR BAJAJ, the firm’s founder, managing director and chief executive officer, spoke to Raghu Mohan. Edited excerpts:

Your firm started off as a payments company, but is now into financial retailing and the e-commerce space by leveraging the kirana network. How would you classify PayNearby as a firm?

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