Announced Thu, 13 Aug · 12:10 IST
Paisalo signs 500 Cr co-lending MOU with FatakPay
PAISALO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.2%1-day move
₹68.61
prior close
₹69.46
base price
In-mkt
timing
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-0.2-0.0-0.1-0.1-0.2-1.5-2.0+0.6+2.3—————
Up moveDown movePending
AI summary
Paisalo Digital signed a 500 crore co-lending MOU with FatakPay on an 80:20 basis, where Paisalo funds 80% and FatakPay 20% of each loan. The facility targets micro-enterprises and MSMEs, expanding Paisalo's credit reach through digital channels and KYC-led onboarding. It supports the company's three-year roadmap to double AUM, income and PAT.
Likely market impact
Strengthens co-lending book and supports growth roadmap; potential positive for revenue and AUM expansion.