IPO-bound Paramotor Digital Technology has signed an arrangement with Aditya Birla Capital Digital, the flagship omnichannel D2C platform of Aditya Birla Capital, to distribute its prepaid payment solutions including digital and physical prepaid cards and gift cards.The arrangement brings together Paramotor’s fintech experience, digital distribution capabilities, and partner ecosystem, and ABCDL’s robust prepaid payment infrastructure and regulatory framework.Sonia Asher, Executive Chairperson and Whole-Time Director, Paramotor Digital Technology said the arrangement will enable the company to provide trusted prepaid payment solutions to businesses and consumers through technology platform and partner network.“We believe there will be significant value creation for customers, with prepaid payment products becoming more accessible, secure, and convenient,” said Asher.Paramotor will undertake the marketing and distribution of ABCDL’s prepaid products while ensuring compliance with applicable RBI regulations, customer protection standards, and industry best practices.Published on August 6, 2026