Overview
PB Money, an investment platform operating under PB Marketing and Consulting Private Limited—a wholly‑owned subsidiary of PB Fintech Limited—has been granted a SEBI Online Bond Platform Provider (OBPP) licence (Registration No. INZ000333532, NSE Member Code 90494). The licence authorises PB Money to manage the complete customer journey for bond investments, covering investor onboarding, KYC verification, bond discovery, evaluation, order placement, payment coordination and post‑investment servicing.
Partnership with Paisabazaar
The platform is integrated with Paisabazaar, a leading marketplace for financial products that is part of PB Fintech and has been listed since 2021. Through this strategic partnership, large and varied consumer segments can first encounter bond offerings on the Paisabazaar website and then transition to PB Money to complete the investment process in a seamless digital flow.
Product Offering and Investor Experience
PB Money enables retail investors to search for bonds using filters such as yield, credit rating and investment amount, allowing them to compare available opportunities and make informed decisions. The platform’s aim is to simplify bond investment, broaden the range of fixed‑income products available to retail investors and make the asset class easier to understand.
Executive Commentary
Santosh Agarwal, Director of PB Money and CEO of Paisabazaar, stated that bonds represent an important yet relatively under‑explored fixed‑income avenue for Indian retail investors. He described the OBPP licence as a critical step toward delivering a seamless bond‑investment experience and expanding access to a wider array of investment products as consumer financial needs evolve.
About Paisabazaar
Paisabazaar, part of PB Fintech, serves over 58 million consumers across 850 cities and towns in India. It offers a broad suite of financial products—including loans, credit cards, investments, savings, bill‑payment and mobile‑recharge services—and provides free credit‑score checks from all four Indian credit bureaus. The platform is ISO 27001:2013 and PCI DSS certified, underscoring its commitment to data security and consumer protection.
About PB Money
PB Money operates as a SEBI‑registered OBPP and stock‑broker in the debt segment of the National Stock Exchange of India, enabling investors to access primary bond offerings and trade secondary‑market bonds and debentures on the exchange. For further information, visit www.pbmoney.com.
---