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PayNearby Expands Rural Credit Access As Gold Loan Disbursals Cross ₹550 Crore

Monthly gold loan disbursals by fintech platform PayNearby have crossed ₹100 crore, reflecting rising demand for formal secured credit across semi-urban and rural India.

The company said it facilitated gold loan disbursals worth ₹550 crore in FY26 through its network of neighbourhood retail stores across Bharat. The platform is using its assisted retail-led model to expand access to formal lending in underserved markets where traditional banking access remains limited.

The fintech platform said it disbursed ₹100 crore worth of gold loans in March 2026 alone and is now witnessing a monthly run rate exceeding the same amount. Through its retailer network, the company enables customers to discover and initiate gold loan applications closer to home, helping bridge last-mile access gaps in formal credit services.

Gold loans have emerged as a key financing tool for households, micro-entrepreneurs, and small business owners seeking quick access to funds with limited documentation. The company...

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32 TB RAM for your GPUs: Marvell shows revolutionary Photonic Fabric Memory Module that uses light to link up to 16 GPUs and slash CAPEX — but Nvidia won't stick around doing nothing

* Marvell reveals Photonic Fabric Memory Module, the building block of a 16-module appliance sharing 32TB of DDR5 and 1,152GB of HBM3e across 16 hosts over fiber * The design dates back to Celestial AI's 2025 presentations, currently remains pre-silicon, and is targeting customer sampling by 2027 * Nvidia is

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OpenAI now trains its frontier AI models with no internet access

AI agents can still communicate without a network connection, OpenAI found. by Emma Roth Oct 23, 2026, 9:11 PM UTC Image: Cath Virginia / The Verge Emma Roth is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer

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Mave, which is developing an AI-driven tool to automate security investigations, raised a $28M Series A led by Red Dot, bringing its total funding to $34M

Featured Podcasts Machine Gods: Fired OpenAI Safety Researchers Speak Out + We Look Inside Pandora's Box The official podcast of the singularity, from Casey Newton and Kevin Roose. Twice-weekly news, analysis, and interviews with the people who are building the future. Subscribe to Machine Gods. The Upstarts Podcast: The

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32 TB RAM for your GPUs: Marvell shows revolutionary Photonic Fabric Memory Module that uses light to link up to 16 GPUs and slash CAPEX — but Nvidia won't stick around doing nothing

OpenAI now trains its frontier AI models with no internet access

Mave, which is developing an AI-driven tool to automate security investigations, raised a $28M Series A led by Red Dot, bringing its total funding to $34M

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