super.money, Flipkart’s UPI platform, has acquired BharatX, a checkout financing platform that enables seamless credit products like Buy Now Pay Later (BNPL) and Pay in X (EMI solutions).
As part of the acquisition, the core team that developed BharatX will work closely with super.money, integrating their expertise and technology to further scale super.money’s offerings in credit on UPI space.
Prakash Sikaria, CEO and Founder of super.money said, “At super.money, we see credit-on-UPI as a game-changer for financial access in India. By leveraging BharatX’s platform, we are developing unique credit-on-UPI products that align with our shared vision of financial inclusion, empowering millions to transact with ease.”
Mehul Jindal, Founder of BharatX, said, “Over the last 4 years, starting out in college, we were able to provide credit to hundreds of thousands of consumers in India profitably, without any documentation or Credit Score needed. Via this acquisition, we will take our product to newer heights using the wider distribution with super.money.”
Launched in July 2024, super.money offer payments, credit, deposits, and other digital financial services.
super.money has introduced a range of financial solutions including superUPI, superCard, and superFD and plans to expand its portfolio with additional offerings in personal loans and unsecured credit products.
