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CA Sumit Mangla

17th Sep · SEBI Registration INH000028626

PB Fintech to buy remaining 20% of MyLoanCare.

PB Fintech Limited

POLICYBZR
has approved the acquisition of the remaining 20% stake in MyLoanCare to make it a wholly-owned subsidiary. It also authorised ₹10 crore investment in PB Wheels and ₹1 crore in PB Financial Account Aggregator. The move consolidates full ownership of MyLoanCare. The additional investments support PB Wheels and the account aggregator arm. These steps strengthen the group’s control over lending-related and adjacent fintech businesses. Key numbers are the remaining 20% stake and the ₹10 crore plus ₹1 crore investments. Full ownership of MyLoanCare could improve operational control. Peers in online insurance and lending may see limited direct impact. Risks include integration challenges or slower returns from the new investments. We have no financial interest in this news.

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