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PAYTM JULY GMV
Early Paytm backer Elevation Capital part sells stake in fintech worth Rs 1,556 croreElevation Capital offloaded 1.19 crore shares of Paytm parent One97 Communications for Rs 1,555.95 crore in a bulk deal. Despite the sale, ...- Paytm shares continue to rally on profit expectations ahead of Q1 resultsShares of Paytm's parent, One97 Communications, have surged more than 6% in the week ahead of the company's June quarter results, inching c...
- Paytm Q2 Results Preview: Losses may widen YoY; revenue growth to improveOne97 Communications, which runs Paytm, is set to see increased revenue growth in the second quarter of 2024. However, its losses are likel...
- Paytm reports 20% rise in monthly transacting users to 9.4 croreLeading payments and financial services company Paytm on Tuesday announced its business operating performance metrics for quarter to date (...
- Paytm's average monthly transactions jump 20% YoY, loan disbursement up 137%It also reported a 137% YoY jump in its loan distribution business where the payment platform disbursed loans worth Rs 10,710 crore in July...
- Building AI system to help financial institutes capture frauds: Paytm chief Vijay Shekhar SharmaPaytm is now making lending the cornerstone of its business. Currently, it does not have a lending licence and is working as a loan sourcin...
- China’s Antfin transfers 10.3% stake in Paytm for debentures in Vijay Shekhar Sharma-owned entityThe Paytm founder, through a holding entity, has converted Antfin’s shareholding of around 10.3% in his company to optionally convertible d...
- Paytm shares climb 4% after merchant payment volumes rise 39% YoY in JulyPaytm in an exchange filing said that the merchant payment volumes (GMV) for the month of July 2023 stood at Rs 1.47 lakh crore ($17.9 bill...
- Paytm monthly users increase by 19% to 9.3 croreSequentially, the company saw merchant subscriptions increase by about 4 lakh in July 2023, Paytm said in a filing.
- Douglas Feagin resigns from Paytm board with immediate effectThe fintech company added 1 million payment devices during the quarter and the number of merchants paying subscription for payment devices ...
- Ant Group's Douglas Feagin steps down from Paytm board as firm matures as listed entityIndian fintech pioneer Paytm in an exchange filing informed about the resignation of Non-Executive Director Douglas Feagin from its Board. ...
- Paytm loan disbursals surge 374% YoY to Rs 6,292 crore in October-November periodThe number of loans disbursed over the two month period grew 150% YoY to 6.8 million
- Paytm on path to profit, says CEO, as loan disbursal grows 387% in OctThe company also said it clocked 42% YoY growth to $14 billion on total merchant GMV (gross merchandise value) processed through Paytm in O...
- Paytm Q2 Results: Net loss widens to Rs 571 cr; revenue jumps 76%Parent One 97 Communications says revenue rose to Rs 1,914 crore in second quarter from Rs 1,086 crore a year earlier
- Paytm July update: 82% jump in GMV, loans disbursed at Rs 2,090 crorePaytm said its offline payments leadership strengthens with a total number of devices deployed exceeding 4.1 million. Consumer engagement, ...
- Paytm shares gain for 2nd day, rise 3%; here's whyIn a statement, Paytm Money said it continues to offer direct MFs on the Paytm Money app, with no change in investor experience even after ...
- Paytm to cut losses by 33% to $400 million: Vijay Shekhar SharmaPaytm has completely cut incentives on P2P UPI transactions after seeing a group of customers conduct millions of transactions of Rs 21 bet...
- Paytm Mall looks to raise Rs 4,000 crore“Paytm Mall is planning to close the new round of funding by end of this year and is talking to financial investors from Asia and the US,” ...
- Paytm in talks to acquire travel company Via.comPaytm, which raised $1.4 billion from SoftBank in May, has held preliminary discussions although a term-sheet is yet to be signed, accordin...
- Paytm bets on local travel boom, eyes 3-fold business growthAbhishek Rajan, VP of the company's travel unit, said Paytm is targeting a three-time growth in its travel business this year, plans to sel...
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