BharatPe is a financial services platform that enables merchants to process payments through UPI and POS systems while offering collateral-free business loans to facilitate growth. By providing instant payment settlement and real-time transaction alerts, BharatPe addresses the challenges of payment acceptance and access to credit for small businesses across India.
Funding
$1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Small businesses in India often face challenges in accepting digital payments from various platforms and securing timely access to business loans. Traditional payment systems can be fragmented and complex, while collateral requirements for loans can be a barrier for many merchants.
Solution
BharatPe provides an integrated platform designed to streamline payment acceptance and facilitate access to credit for Indian merchants. The platform offers a unified QR code for accepting payments from any UPI-enabled app, a POS system for card payments, and real-time voice alerts for transaction confirmations. BharatPe also facilitates collateral-free business loans, enabling merchants to secure funding for inventory, expansion, and other business needs. By consolidating payment solutions and offering accessible financing, BharatPe aims to empower small businesses and drive their growth.
Target Audience
The primary target audience includes small and medium-sized business owners and merchants across India seeking convenient payment solutions and access to business loans.
Features
- Unified QR code that accepts payments from all UPI-enabled apps
- BharatPe One: An all-in-one payment device
- POS system for accepting debit and credit card payments
- Real-time voice alerts for instant payment confirmations
- Collateral-free business loans with flexible repayment options
- UPI TPAP for easy scan and pay functionality on any QR
- Mobile app for managing transactions, loans, and investments
- Investment platform to earn returns with RBI-approved partners