Paytm teams up with Clix to offer loans

BENGALURU: Paytm has partnered with Clix Capital to offer loans. The loans will be extended through Paytm Postpaid as a deferred payment option for consumers and to merchants as credit lines, the company said.

ET first wrote about the deal in its June 24 edition. Using proprietary ML models developed by Paytm and Clix, Paytm customers and merchants will get digital loans on the Paytm platform.