Introduction to Paysense

Paysense is a financial technology company committed to redefining lending and financial accessibility in India. Established with the vision of providing easy and convenient access to credit, Paysense has emerged as a trusted name in the fintech sector.


Paysense was founded in 2015 with a mission to address the credit needs of underserved and underbanked individuals in India. It is a venture backed financial services startup. The company was established with a vision to make financial services more inclusive, transparent, and technology-driven. Since its inception, Paysense has undergone remarkable growth, emerging as a prominent player in India’s digital lending sector. They are known for their extensive use of technology to provide credit without the hassles of physical documentation.  In early 2020, their Paysense merged with Pay U’s Lazypay wherein the PayU acquired a controlling stake in Paysense and all thei r assets for $185 million.

Key milestones

  • Founding Year (2015): Paysense was established in 2015 with a vision to revolutionize lending in India by leveraging technology and data analytics.

  • Early Growth and Expansion: In its initial years, Paysense experienced rapid growth, gaining recognition as a prominent player in the Indian fintech landscape.

  • Strategic Partnerships: Paysense forged strategic partnerships with leading banks and financial institutions, enabling it to offer a wide range of financial products and services to its customers.

  • Introduction of AI and Machine Learning: The company integrated advanced technologies like Artificial Intelligence (AI) and Machine Learning (ML) into its platform, enhancing its ability to assess creditworthiness and offer tailored financial solutions.

  • Launch of Mobile App: Paysense launched a user-friendly mobile application, providing customers with a convenient and seamless way to access loans and other financial services on the go.

  • Expanding Product Portfolio: Over time, Paysense diversified its offerings to include personal loans, digital credit lines, and other innovative financial products, catering to the evolving needs of its customer base.

  • Acquisition by Navi (2020): In a significant development, Paysense was acquired by Navi, a technology-driven financial services platform founded by Sachin Bansal, a co-founder of Flipkart.

Vision and Mission

Paysense’s vision and mission reflect its dedication to redefining lending, making it more accessible, convenient, and customer-oriented.

Vision: Paysense aspires to be leading digital lending platform that empowers individuals by providing quick and hassle-free access to credit, driving financial inclusion, and fostering prosperity.

Mission: To leverage technology, data analytics, and a customer-centric approach to offer innovative and customized financial solutions that simplify access to credit.

Products and Services

Paysense’s personal loans are designed to provide quick access to funds for a wide range of personal needs, including medical expenses, travel, education, or debt consolidation.

Two-Wheeler Loans

To enable more individuals to own two-wheelers for personal and professional use, Paysense offers hassle-free two-wheeler loans.

Consumer Durable Loans

Paysense’s consumer durable loans help individuals purchase electronics, appliances, and other consumer goods with convenient financing options.

Digital Lending Platform

The user-friendly digital platform simplifies the loan application process, allowing customers to apply online, upload documents, and receive quick loan approvals.

Loan Calculator

Paysense offers an online loan calculator that helps customers estimate their EMI (Equated Monthly Installment) and make informed financial decisions.

Customer Support

Exceptional customer support ensures that customers receive prompt assistance and guidance throughout their loan journey.


Paysense’s diverse product and service portfolio is a testament to its commitment to providing financial solutions that empower individuals, support their dreams, and foster prosperity. The institution’s enduring legacy of technology-driven financial services sets it apart as a partner of choice for financial freedom and accessibility. Being a full-stack digital lending platform, Paysense has been instrumental in orchestrating a broad financial tech ecosystem in India.

Customer Care:


(Note: The content provided is a creative representation and may not include all the specific details of Paysense’s current status. For the most accurate and up-to-date information, please refer to the official Paysense website.)