PB FINTECH COMING OUT OF THE WOODS
Dalal Street Investment Journal|March 13, 2023
If the recent performance of PolicyBazaar and PaisaBazaar is anything to go by, it seems the parent company PB Fintech is now poised to enter into the green with the certainty of growth in the coming years
PB FINTECH COMING OUT OF THE WOODS

PB Fintech, also known as PolicyBazaar and PaisaBazaar, is an Indian financial technology company that provides online insurance comparison and purchase services, as well as financial product comparison and application services. The company was founded in 2008 by Yashish Dahiya, Alok Bansal and Avaneesh

Nirjar with the vision of simplifying financial services’ purchases and promoting financial inclusion in India. PolicyBazaar is PB Fintech’s flagship platform and allows users to compare and purchase a wide range of insurance products, including health insurance, life insurance, car insurance and travel insurance.

The platform provides users with access to multiple insurance providers and allows them to obtain instant quotes and make informed decisions based on factors such as coverage, premium, and features. PaisaBazaar, on the other hand, is PB Fintech’s financial product comparison platform that allows users to compare and apply for various financial products, including credit cards, personal loans, home loans and mutual funds. The platform provides users with customised recommendations and allows them to compare different financial products based on interest rates, fees and other features.

Both PolicyBazaar and PaisaBazaar leverage technology to provide a more transparent and convenient experience for users. The platforms use advanced algorithms and data analytics to provide customised recommendations and personalised financial products based on users’ specific needs and risk profiles. Both platforms are also known for their user-friendly interfaces, transparent fee structures and excellent customer service. PB Fintech has been successful in disrupting India’s traditional financial services industry by providing a more customer-centric and innovative approach to financial services.

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