PaySense is an Indian fintech company that specializes in providing instant personal loans and credit solutions through digital platforms. The company uses alternative data analytics and machine learning algorithms to assess creditworthiness, particularly targeting young professionals and salaried individuals who may have limited credit history.
Founded in 2015 by Prashanth Ranganathan, Sayali Karanjkar, and Arya Narayanan Sharma, PaySense has become a notable player in India's digital lending ecosystem. The company has raised funding from investors including Nexus Venture Partners and others, and was later acquired by PayU in 2020, integrating into the broader PayU ecosystem to expand digital financial services in India.
PaySense has received investment from 1 venture capital firm.
Indian digital lending platform providing instant personal loans using alternative data analytics and machine learning for credit assessment.
PaySense has received investment from Flourish Ventures. These venture capital firms and investors provide both capital and strategic support.
PaySense operates in the Fintech sector. Indian digital lending platform providing instant personal loans using alternative data analytics and machine learning for credit assessment.