One 97 Communications (PayTM) is gradually shifting its focus from rapid user acquisition to improving profitability and monetising its large payments ecosystem. While payment volumes continue to grow ...

Mobile wallet provider Paytm has strengthened its existing hold on e-commerce in India through a $200 million funding round spearheaded by China's Alibaba Group Holding Ltd. Alibaba invested $177 ...

According to a BofA Global Research report, Paytm is outpacing its fintech rivals in monetisation, driven by its strategic focus on merchant lending and financial services, leading to improved ...

Paytm has rolled out a major redesign of its mobile app, introducing a cleaner interface and a suite of artificial intelligence-powered features to simplify payments and personal finance tracking. The ...

One 97 Communications, the parent company of Paytm, has approved the transfer of its offline merchant business to its wholly owned subsidiary Paytm Payments Services Limited (PPSL) to comply with the ...

A government crackdown on real-money gaming dented Paytm’s profit last quarter, but the fintech major’s broader turnaround stayed on track. The company took a one-time ₹190 crore impairment on a loan ...

The interface of Indian payments app Paytm is seen in front of its logo displayed in this illustration. (Photo source: Reuters) During the quarter, Paytm’s operating revenue rose 24 per cent ...

On May 8, 2024 Paytm’s share price hit a nadir of 317.45 Indian rupees (INR), equivalent to US$3.80. The Indian fintech giant’s stock has fallen about 54% in value over the past year and 79% since its ...