PayNearby partners Grameen Foundation India for rural business development

Branchless banking and digital network, PayNearby has announced its partnership with the Grameen Foundation for Social Impact (GFSI) to upskill 150,000 business correspondents (BCs) across India. The collaboration aims to provide digital and financial services to the underserved and tech-shy last-mile population. This will strengthen rural BC counters with long-term viable business solutions and make them sustainable change agents at the grassroots level. The partnership will also work towards providing employment opportunities to the women and youth of India.

New project to upskill rural employees

As part of this collaboration, PayNearby and GFSI will launch a pan-India scale-up project titled ‘Scaling Agent Viability and Quality in India’ supported by the Bill and Melinda Gates Foundation (BMGF).