India, Feb. 25 -- Flipkart-backed super.money has bought buy-now-pay-later (BNPL) fintech startup BharatX to strengthen its credit offerings, particularly in the checkout financing space.

Although the company did not disclose the financial terms of the transaction but said that it was an all-cash deal.

Following the acquisition, BharatX's core team will work closely with super.money, integrating their expertise and technology to further scale up the super app's offerings in credit on UPI.

super.money said in a statement that the acquisition also aligns with its commitment to boost financial inclusion by providing seamless, flexible and documentation-free credit solutions.

As per the National Payments Corporation of India's (NPCI's) mo...