NEW DELHI – Paisalo Digital Limited, a prominent non-banking finance company (NBFC) specialising in inclusive lending, has successfully closed its inaugural External Commercial Borrowing (ECB) transaction. The deal, totalling USD 15 million, represents a major milestone in the company’s efforts to diversify its liabilities and enhance long-term growth.

The strategic issuance is designed to broaden Paisalo’s funding mix by tapping into international markets for cost-effective, long-tenor capital. Management indicated that the proceeds will be directed toward expanding the company’s lending portfolio, with a specific focus on Micro, Small, and Medium Enterprises (MSMEs), income-generation segments, and other priority sectors.

By introducing this stable source of foreign funding, Paisalo aims to optimise its blended cost of capital and strengthen its overall financial structure. The successful transaction also serves as a testament to international lender confidence in the company’s technology-driven distribution model and disciplined underwriting standards.

“The successful closure of our maiden ECB issuance marks a pivotal step in strengthening our liability franchise,” said Santanu Agarwal, Deputy Managing Director of Paisalo Digital Limited.

“The additional capital will enable us to deepen credit penetration across underserved segments and drive inclusive economic development”.