50 Million Strong: Paisabazaar’s free credit score service reshapes India’s credit market | Mint

50 Million Strong: Paisabazaar’s free credit score service reshapes India’s credit market | Mint

Source: Live Mint According to Paisabazaar’s, its free credit score service has been utilized by more than 50 million users. Since its 2017 inception this program has transformed India’s credit market by enabling 16% of the nation’s active credit score users to access their scores through Paisabazaar’s platform. Improved credit scores for millions The company…

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Paisabazaar is PB Fintech’s Achilles heel

Paisabazaar is PB Fintech’s Achilles heel

Source: Live Mint The September quarter (Q2FY25) result of PB Fintech Ltd was a mixed bag. Revenue from its core business of online insurance broking through Policybazaar.com grew 41% year-on-year to ₹624 crore. The surge was aided by a 49% rise in insurance premiums collected online. Revenue rose at a slower rate than premium, indicating…

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