PB Money Takes a Key Step in Bond Investments

PB Money, a platform associated with Paisabazaar, has received an Online Bond Platform Provider (OBPP) licence from the Securities and Exchange Board of India (SEBI). The company said the approval would help make the bond market more accessible to retail investors by simplifying the investment process and offering a convenient digital platform.

With the licence, PB Money plans to manage the entire bond investment journey, from investor onboarding and KYC verification to bond discovery, order placement, payment coordination and post-investment services. Through its strategic partnership with Paisabazaar, the company aims to reach a wider customer base across India. PB Money Director and Paisabazaar CEO Santosh Agarwal said the initiative would help meet customers’ changing financial needs by making bond investments simpler and more convenient.