BharatPe’s partnering up with Centrum Finance in a new bank, as a part of PMC Bank rescue, will enable BharatPe to provide a tech platform to all fintech. Resilient Innovations, owner of BharatPe, will contribute Rs 900 cr while Centrum Finance will bring NBFC’s. The new bank is said to be truly digital and will solve banking tech and stack issues by providing API integration to fintech. Merchants will be offered credit cards and overdraft facilities.

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