Paisalo Digital bets on AI and Nvidia chips to double its loan book in 3 years

Paisalo Digital plans to double its AUM, revenue, and profit over three years, targeting 24-25% annual loan growth. The NBFC has deployed two Nvidia chips for proprietary AI models, processing around 160,000 loan applications in two quarters. Cost of funds has fallen from about 12% three years ago to 10.3%, while yields have risen roughly 10 basis points to 17.04%. Promoters have raised their stake to 46-47% from a low of around 26% four years ago.