Paytm Payments Bank

Paytm Gets India’s Blessing to Invest in Payment Services Unit
Paytm Gets India’s Blessing to Invest in Payment Services Unit
August 28, 2024  |  Investments

Paytm won approval from India’s finance ministry to invest in its payment services operation. The company announced the approval Wednesday (Aug. 28) in a disclosure...

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Paytm Reports Seeing ‘Green Shoots’ in Business After Regulatory Troubles
Paytm Reports Seeing ‘Green Shoots’ in Business After Regulatory Troubles
July 19, 2024  |  Earnings

Paytm reported Friday (July 19) that its operating revenue slipped again in the quarter ended in June as it continued to deal with regulatory troubles....

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Paytm Reportedly Explores Sale of Ticketing Unit to Zomato
Paytm Reportedly Explores Sale of Ticketing Unit to Zomato
June 16, 2024  |  Acquisitions

India’s Paytm is reportedly in discussions to sell its movie/event ticketing business to Zomato. Talks between the FinTech and the food delivery firm are in...

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Paytm Continues to Lose Digital Payments Ground to Google and Walmart
Paytm Continues to Lose Digital Payments Ground to Google and Walmart
June 06, 2024  |  Digital Payments

India-based Paytm’s share of the country’s Unified Payments Interface (UPI) continues to slip. The FinTech made up 8.1% of total UPI transactions last month, down...

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Paytm’s Shares Fall as Widening Losses Are Anticipated
Paytm’s Shares Fall as Widening Losses Are Anticipated
May 21, 2024  |  Banking

Paytm’s stock has reportedly fallen considerably amid the company’s troubles with Indian banking regulators. Shares in Paytm are down roughly 61% in the last six months, Bloomberg...

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Paytm Money Names Rakesh Singh CEO as COO Departs
Paytm Money Names Rakesh Singh CEO as COO Departs
May 05, 2024  |  Personnel

Embattled Indian FinTech Paytm has just undergone a leadership shakeup. Bhavesh Gupta, the company’s president and chief operating officer, is stepping down from that role for personal...

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Paytm’s Troubles Drive Indian Customers to Walmart and Google
Paytm’s Troubles Drive Indian Customers to Walmart and Google
March 06, 2024  |  Digital Payments

Paytm’s regulatory troubles appear to have pushed Indian consumers to Walmart and Google-owned payments operations. Data released Wednesday (March 5) by the National Payments Council of India (NPCI) showed that the...

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Paytm Ends Some Inter-Company Agreements With Paytm Payments Bank
Paytm Ends Some Inter-Company Agreements With Paytm Payments Bank
March 01, 2024  |  Regulation

Indian digital payments provider Paytm has announced that it will be cutting back on its business ties with its banking affiliate, Paytm Payments Bank. The...

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Report: Paytm Turning to Banks to Process UPI Transactions
Report: Paytm Turning to Banks to Process UPI Transactions
February 26, 2024  |  Banking

Embattled Indian FinTech Paytm is reportedly turning to a group of banks for help. The company is likely to work with Aix Bank, HDFC, Yes Bank and...

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