Paisalo Digital Successfully Closes Maiden ECB Issuance

PaisaloDigital Limited, a leading non-banking finance company (NBFC) focused on inclusive lending, has successfully completed its inaugural External Commercial Borrowing (ECB) transaction. The deal, amounting to USD 15 million, marks a significant advancement in the Company's liability diversification journey.

This maiden ECB issuance represents a strategic step aimed at broadening the Company's funding mix and accessing cost-effective, long-tenor capital from international markets. The proceeds will be utilized to support the Company's continued expanding lending portfolio, with a continued focus on MSMEs, income-generation segments, and other priority sectors.

The transaction strengthens Paisalo's overall liability structure by introducing a stable and diversified source of funding and optimizing the blended cost of capital. It also underscores strong lender confidence in the Company's disciplined underwriting practices, resilient asset quality, and scalable, technology-enabled distribution model.

Commenting on the milestone, Santanu Agarwal, Deputy Managing Director, Paisalo Digital Limited, said: "The successful closure of our maiden ECB issuance marks a pivotal step in strengthening our liability franchise. By accessing diversified and long-tenor funding, we are enhancing our ability to sustainably scale the business while maintaining prudent risk management. This transaction also reflects the confidence of lenders in our operating model and growth strategy. The additional capital will enable us to deepen credit penetration across underserved segments and drive inclusive economic development."

Source : Equity Bulls

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PaisaloDigital ECBIssue FundRaising Closure