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 (SEBI Registration No.: INZ000333532; NSE Member Code: 90494). The licence authorises PB Money to manage the entire bond investment lifecycle for retail investors, encompassing 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 and a part of PB Fintech (listed since 2021). Through this strategic partnership, large and varied consumer segments can discover bond offerings on Paisabazaar’s website and seamlessly transition to PB Money to complete their investment journey. PB Money’s interface allows investors to filter bonds by yield, credit rating, and investment amount, facilitating informed decision‑making.
Market Context and Quote
Santosh Agarwal, Director of PB Money and CEO of Paisabazaar, stated that bonds remain an under‑explored fixed‑income avenue for Indian retail investors and that the OBPP licence is a critical step toward delivering a seamless, digital bond‑investment experience. He emphasized the potential to broaden access to a wider range of investment products as consumer financial needs evolve.
About Paisabazaar and PB Money
Paisabazaar has built trust with over 58 million consumers across 850 cities and towns in India, offering a broad suite of financial products including loans, cards, investments, savings, bill payments, and mobile recharges. It is ISO 27001:2013 and PCI DSS certified, underscoring its commitment to data security. PB Money, powered by the same ecosystem, aims to simplify bond investments and expand retail participation in the fixed‑income market.
For further information, visit pbmoney.com or www.paisabazaar.com.
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