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Latest Articles in paytm
Paytm GMV For Jan, Feb 2023 Grows 41% YoY
The company reported strengthening of its offline payments with 6.4 million devices deployed; disbursements of Rs 4,158 crore (USD 503 million) in the month of February 2023 through Paytm platform
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Paytm, AP Govt Sign MoU To Drive Initiatives In Financial Inclusion, Public Health, Cyber Security
The agreement aims to promote mutual cooperation in the areas of industrial development, financial inclusion, public health, cyber security and Prevention of Financial frauds in Andhra Pradesh
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Paytm Denies Reports Of SoftBank And Ant Group's Secondary Stock Deal
Masayoshi Son's SoftBank and an unit of Alibaba named Antfin each own 13.24 per cent and 25.47 per cent of Paytm, respectively
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‘Paytm UPI LITE Payments Cannot Fail’
The UPI Lite payments can include transactions up to Rs 200 in value and these transactions cannot fail, says Paytm. These payments can be made by users without the need of entering a PIN for each payment.
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Already In Process Of Resubmitting Payment Aggregator Application: Paytm
The total merchant GMV processed through the platform in January aggregated to Rs 1.2 lakh crore (USD 15 billion), marking a year-on-year (YoY) growth of 44 per cent
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Paytm Payments Bank Becomes First To Launch UPI LITE Feature
As a part of its efforts to drive innovation, the Bank said it is the first payments bank to launch such UPI LITE feature.
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PhonePe Raises $100 Mn At $12 Bn Valuation
The funding round was led by Tiger Global, Ribbit Capital and TVS Capital
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Zomato’s CEO Deepinder Hints Company’s Profitability
According to reports Zomato is likely to announce its results for the December quarter on Thursday, 9 February
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Paytm’s Revenue From Operations Grew 42% In Q3 FY23
The company said that this growth was driven by increase in merchant subscription revenues, growth in loan distribution and momentum in commerce business
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Paytm May See Profitability In March, Two Quarters Ahead Of Expectation
Global investment firm Goldman Sachs expects October-December 2022 to be another strong quarter for Paytm
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Paytm Shares Plunge As Alibaba Sells Stake Worth $125 Mn
Shares of the company fell as much as 8.8 per cent to Rs 528 in afternoon trading
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Paytm Loan Disbursements Witness 357% Growth YoY In Q3 FY23
As a result, total disbursements for three months ended December 2022 was Rs 9,958 crore
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Paytm's Stock Falls Over 2% After Approval of Buyback Plan
Paytm expects to spend Rs 1,048 crore on the buyback plan, with up to Rs 850 crore going toward purchasing shares and the rest going toward accounting for applicable buyback taxes
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Paytm Board Approves Share Buyback Of Up To Rs 850 Cr
The company is looking at maximum buyback price of Rs 810 per share (50 per cent premium to the closing price as on board meeting date)
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Paytm Reports Loan Disbursals At Rs 39,000 Cr ARR In Nov
The company expects significant growth runway given low current penetration
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