BharatPe risk score

Founded in 2018, BharatPe has emerged as a pivotal player in India’s fintech landscape, focusing on facilitating seamless financial transactions for merchants across the country. The company initially gained recognition for launching India’s first UPI interoperable QR code and introducing the first zero MDR (Merchant Discount Rate) payment acceptance service, fundamentally reshaping payment methodologies for Indian merchants.

With its headquarters strategically positioned in the burgeoning commercial hubs of India, BharatPe has expanded its services to over 1 million merchants in more than 400 cities. In response to the evolving market demands post-COVID-19, BharatPe introduced BharatSwipe in 2020, which is India’s only zero MDR card acceptance terminals. This innovation has made card transactions more accessible and cost-effective for small and medium-sized enterprises.

Since its inception, BharatPe has processed an annualized Transaction Processed Value of approximately US$ 26 billion, underscoring its significant impact on UPI offline transactions. Beyond payment solutions, BharatPe has also been instrumental in supporting the merchant community with financial empowerment through the disbursement of loans totaling over ₹10,000 crores.

BharatPe's growth trajectory and innovation have attracted substantial backing, raising over US$ 583 million in equity to date. The company boasts an impressive roster of investors, including global entities like Tiger Global, Dragoneer Investment Group, and Sequoia Capital (now Peak XV Partners), among others. Such strong financial endorsement validates BharatPe’s role as a catalyst in driving financial inclusion and transforming digital payment ecosystems in India.

Operationally, BharatPe adheres to stringent compliance and regulatory standards, ensuring robust data protection and secure transaction environments for its users. This commitment to security and operational excellence continues to build trust and reliability among its growing user base, setting BharatPe apart as a leader in India’s financial services sector.