BharatPe launches world’s first merchant shareholding program

BharatPe launches world’s first merchant shareholding program

BharatPe launched The world’s first merchant shareholding program (MSP) to your merchant partners. this is a $100 million Worth Program, under which the company offers its merchant customers an opportunity to buy equity shares of BharatPe and become a partner. A public listing is planned by the company 2024 and targets the public listing price of $1 billion.

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About the programme:

  • Merchant payments and financial services company will roll out incentives for more than 7.5 million existing merchant partners. The program will also be offered to new traders joining the platform.
  • BharatPe said the Stocks program is designed to bridge the gap in wealth creation for merchants and identify them as active growth partners, with the objective of developing a partnership between its merchant partners in the fast-growing fintech segment in India. To build and maintain loyalty.

Important facts for all competitive exams:

  • BharatPe Established: 2018;
  • BharatPe Headquarters: New Delhi;
  • CEO of BharatPe: Ashneer Grover.

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