Unstoppable. Ambition: Zidd Aage Badhne Ki

A strong determination to make India a financially inclusive nation is the driving force behind all our initiatives. We are determined to provide easy access to financial services to everyone, everywhere.

In this journey, we are joined by our committed retail community, our Digital Pradhans, who form the force multiplier to our initiatives. We are determined to ensure our Digital Pradhans grow and prosper in this digital age and together we contribute to a stronger India.

This determination to create a digitally forward and financially inclusive India forms the cornerstone of our brand DNA.

Awards & Recognitions

India FinTech Awards (IFTA)
Fintech Rising Star
December 2020
PICUP Awards
Best Fintech in Payments
September 2020
DigiDhan Mission FinTech Award
Innovation in Digital Payments Acceptance Infrastructure in Rural India
October 2019
India Finance Inclusive Awards
Fintech Innovation in Financial Inclusion
December 2019
Business Today
Best Fintech in Payments
March 2020
Women Economic Forum
Leader of the Decade
July 2020
Women Economic Forum
Iconic Leaders Creating a Better World for All
July 2020
SKOCH Order of Merit Awards
Financial Inclusion
June 2019
REACH - Mastercard® Acceptance
Fastest Growing Digital in Kirana Segment
April 2020
World Payments Congress & Awards
50 Most Influential Payment Professionals
February 2019
ICAI Awards
CA Innovator Award
January 2019

About PayNearby

Nearby Technologies Pvt. Ltd. is a DIPP Certified Fintech Company registered under The Startup India program of Government of India, set up in April 2016 by a team of professionals with experience in Digital Banking & Payments industry. The team works on deep insights and understanding of payment and transaction technology space.

We operate on a B2B2C model, where we partner with neighbourhood retail stores and enable them with the tools to provide assisted financial and digital commerce services to their local communities. Our innovative solutions are modelled to make transactions seamless, quick and easy and strives to empower our retail partners and their customers. Local communities across 17,000 plus PIN codes access PayNearby Partner stores to avail a range of services including cash withdrawal, cash deposits, money transfer, savings, insurance, travel, Digital Payments, access to government benefits and many more.

We, at Nearby, aspire to empower 50,00,000 stores across Tier I, II and rural towns in India. Using the power of Aadhaar & Mobility, we are motivated to transform the Nearby retail stores into Fintech Marts. The stores will serve as a catalyst to Digitize Cash for the mass market customer and give him access to fintech services which were earlier available only to those who had digital money.

Let’s together create “India’s Largest Branchless Banking Network”


Make financial services available to everyone, everywhere


Build the largest branchless banking network that helps create a more progressive society through easy access to financial services

Our Score Card

  • 33 %

    Market share in AEPS

  • 10 Lakhs

    Transaction Daily

  • 10 Lakhs


  • 11 %

    Market share in DMT

  • 17,500 +

    pin codes in India

  • 56,000 cr

    GTV Processed Annually

  • 08

    Union Territories

  • 28


Our Growth Story

Founding team registered the company – Nearby Technologies Pvt Ltd
2,142 retail stores onboarded, 1 Lac + customers serviced GTV INR 48.89 Crore. Launched Money Transfer Services.
10,233 retail stores onboarded, 2 Lac + customer served, GTV INR 1,278 Crore. Launched Recharge Services.
21,589 retail stores onboarded, 3 Lac + customer serviced, GTV INR 5,024 Crore. Launched AePS (Aadhaar ATM), Bill Payment, SMS Payment & Bus booking service.
1,24,169 retail stores onboarded, 8 Lac + customer serviced, GTV INR 11,029 Crore. Deployed AePS switch.
3,17,988 retail stores onboarded, 2 Cr + customer serviced, GTV INR 24,490 Crore. Launched Flight and Hotel booking, FASTag, Aadhaar & UPI Pay Services.
3,94,185 retail stores onboarded, 3 Cr + customer serviced, GTV INR 32,689 Crore. Launched Group Personal Accident Insurance and Hero Fincorp Loan EMI Service.
7,00,000+ Nearby retail stores onboarded, 7 Cr + customer serviced. GTV INR 67500 Crore. 10 Lac transactions daily processed. 33% Market Share in AePS.
8,00,000+ retail stores onboarded, 8 Cr + customer serviced across 17,000+ pin codes. GTV INR 79,900 Crore. 11% market share in Direct Money Transfer. Micro ATM service launched.
10,78,305 Nearby retail stores on-boarded, 10 Cr + customer serviced, GTV INR 91,723. Multiple Banks integrated for AePS & DMT service. 5 Cash collection partners added. Virtual Prepaid card was launched.
GTV of INR 1,03,179 Crore. Products launched COVID Insurance, UPI QR, BuyNearby - PAN India, JobsNearby, Self-Onboarding, Khata Management, Mini-Statement, Prepaid, Savings Khata Insurance and 8 Cash Collection Partner.
GTV of INR 1,15,954 Crore. Launched Digi Smart Transfer (DST), PayNearby Rewards, Savings Insurance Khata (PAN India), Device Insurance, Gold Unlocker, and Mini Statement service
  • April 2016
  • Sept 2016
  • Mar 2017
  • Sept 2017
  • Mar 2018
  • Sept 2018
  • Dec 2018
  • Sept 2019
  • Dec 2019
  • Mar 2020
  • June 2020
  • Sep 2020

Our Association