BharatPe enters BNPL, offers even ‘golgappas’ on EMI as it bets on offline

BharatPe, one of India’s fastest growing fintech companies, announced its entry into the ‘Buy Now Pay Later’ (BNPL) category with the launch of its product- ‘postpe’. Postpe provides credit to customers to buy now and pay later, for anything, and from anywhere.

Customers can download the postpe app from Play Store and avail interest-free credit limit of up to Rs 10 lakh. The firm said postpe is a first-of-its-kind BNPL product that is not limited to big-ticket purchases but can also be used for micro-purchases. BharatPe aims to facilitate a loan book of $300 million on postpe in the first 12 months, for its lending partners.