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Paytm Q3 loss narrows to Rs 222 crore; firm to focus on large-ticket loansPaytm's revenue from operations for the December quarter increased 38% to Rs 2,850.5 crore. Paytm said the increase in revenue was on the b...
Paytm scales down small-ticket loan business amid regulatory hurdlesThis move assumes significance at a time when the Reserve Bank of India has instructed banks and NBFCs to slow down on their unsecured lend...
Paytm shares tank 20% after company looks to curtail low-value personal loansPaytm said it will expand its portfolio of higher-ticket personal and commercial loans to lower-risk and high-credit-worthy customers, expe...
India has potential of 10 crore merchants, over 50 crore payment: PaytmFurthermore, Paytm said that bank partnerships to sell their products have a great opportunity, where FASTag and Co-branded Credit Cards ar...
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 annualised run rate of loan disbursals touches Rs 34,000 crore in SepThe total number of loans disbursed by Paytm grew by over three fold to about 9.2 million in the quarter ended September 2022, from 2.8 mil...
Paytm, Samsung partner for payment at authorised storesCustomers can make payments and avail of Paytm Postpaid through the deployment of PoS devices at the stores.
Paytm loan distribution touches an annual run rate of around Rs 25,000 crThe monthly transacting users on Paytm grew by 41% to 7.8 crore from 5.5 crore on YoY basis.
Paytm hits annual loan disbursal run rate of nearly $3 billion in Q1For Q1, Paytm disbursed 8.5 million loans, up 492% from the year-ago period - worth $703 million.
Business fundamentals robust: Paytm to BSE after sharp plunge in stock pricePaytm comments came after BSE sought clarification from the company with reference to significant movement in its shares. BSE said, it soug...
Paytm says it disbursed more than 4 million loans in January, FebruaryThe company also said it has doubled the total payment value of transactions processed through its merchants to Rs 1.65 lakh crore (or $22....
Paytm says achieved highest ever monthly loan disbursal in FebThe company saw a 105 per cent year-on-year (YoY) increase in GMV for the first two months of the quarter at Rs 1,65,333 crore ($22.2 billi...
Vijay Shekhar Sharma says global market conditions impacted Paytm's IPOPaytm went public at a time when the market was spooked by various factors, and that affected pricing, founder Vijay Shekhar Sharma says du...
Paytm shares down 2% even as fintech posts 4-fold jump in loansThe value of loans disbursed through the platform during the quarter was Rs 2,180 crore, an increase of 365 per cent YoY, the company said ...
Paytm GMV more than doubles to Rs 1.66 lakh crore in Oct-Nov 2021Paytm has reported over two-fold rise in its gross merchandise value to about Rs 1,66,600 crore in the first two months of the third quarte...
Paytm GMV more than doubles to Rs 1.66 lakh crore in Oct-Nov 2021 periodPaytm refers to GMV as the value of total payments made to merchants through transactions on its app, through Paytm payment instruments or ...
Paytm says its October GMV rose 131% to $11.2 billionThe number of Paytm's monthly transacting users grew more than 35% in October this year to 63 million, compared with 47 million the same mo...