Paisalo Digital Signs ₹500 Crore Co-Lending MoU with FatakPay
Paisalo Digital Limited signed a co-lending memorandum of understanding with FatakPay on Aug 13, 2026, establishing a ₹500 crore lending facility. Under the agreement, Paisalo will fund 80% of each loan while FatakPay contributes the remaining 20%. The facility targets micro-enterprises, MSMEs and other underserved borrowers across India.
Paisalo will handle Know Your Customer verification and customer data storage under the arrangement. Deputy Managing Director Santanu Agarwal called the MoU an important milestone, noting that such partnerships help expand access to formal credit at scale. The deal supports Paisalo's stated goal of doubling its AUM, income and profit after tax over three years.
- Reinforces the co-lending model as a scalable embedded finance structure in India
- Demonstrates continued NBFC-fintech partnerships despite tightening regulatory scrutiny