Anand Kumar Bajaj, PayNearby Founder & CEO India’s leading hyperlocal fintech network, was recognized and honored with the coveted title of one of the “50 Most Influential Payment Professionals” byWorld Payments Congress on 14th February, 2019 in Mumbai.This unique conference aims to acknowledge and honor the esteemed professionals and thought-leaders that play a significant role in setting the agenda for the future of the revolutionary world of digital payments and in furthering the vision of Digital India.
Throughout his prolific professional career, Anand Kumar Bajaj has been knownfor his proficiencyin both financial and fintech sectors, andhis innovations in the digital space including the revolutionary first-mile facilitation of digital financial and non-financial services are well received by users across India.
Moreover, he has five patents in banking technology to his credit and has been a proactive participant in the Steering Committee of National Payments Corporation of India (NPCI), which is shaping the Immediate Mobile Payment Service (IMPS) and the Unified Payments Interface (UPI) segments of the fintech industry. Owing to his rich expertise spanning over 18 years, his key role in handling revolutionary and high-impact projects, and his active participation and facilitationof the financial space through a groundbreaking platform such as PayNearby has earned him this coveted position among the most influential payment professionals of India.
Speaking about this remarkable achievement, Anand Kumar Bajaj, Founder & CEO, PayNearby said, “I am ecstatic to have received this award from WPC on behalf of all 511 of our colleagues at PayNearby. This is a proud moment for the entire team who has dedicatedly been working towards catapulting the vision of ‘Digital India’ andis deservingly being appreciated all over the country for its efforts.
Since our inception in 2016, our goal has been to make ‘HarDukan Digital Pradhan’,and it feels wonderful to see this figment of imagination turning into the grandeur of reality.According to NPCI’s database, around 37% of Aadhaar-enabled payments and banking is now being done through PayNearby in association with YES Bank, with a total approximate throughput of INR 3,000 crores every month.”
In January 2019, Anand Kumar Bajaj had also won an award under the category “CA Innovator Fin-tech” at The 12th ICAI’s Leaders and Business Excellence Awards fromMs. Ananya Birla (Founder, Svantantra Microfin) and Shri Vijay Goel, (Member, Rajya Sabha)under the able chairmanship of Shri Keki Mistry, Vice Chairman and CEO, HDFC. The fraternity recognizes the distinguished efforts and exemplary achievements of the Members in the Industry & Business.
PayNearby wholeheartedly supports the Indian government’s initiative to provide financial benefits to underprivileged Indian populationand enables access to over 4 crore citizens, thereby striving to achieve the common goal alongside government. We strongly believe that through our efforts driven towards retailer empowerment and bridging the gaps that exist in the Indian financial services scenario at present, we may succeed in mobilizing and enabling digital financial solutions at every nook and corner of the country.
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 who can offer Assisted Digital Financial Services like Aadhaar ATM, Aadhaar Deposit, SMS Payment, Khata Service, Utility Payment, Prepaid Cards, Mutual Funds & Insurance, Money Transfer, Hyperlocal Services and payment services like Bharat QR and UPI using the PayNearby App. Our innovative solutions are modelled to make the financial transactions seamless, quick, easy and strives to empower our retailer partners.
We, at Nearby, aspire to empower 20,00,000 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 to benefit from FinTech services which were earlier available only to customers who had digital money.