Paytm is ready to take on its rivals in India by expanding its services and relying on its regional expertise. “The fight is no more about one company, it is about ecosystem players,” Vijay Shekhar Sharma, founder of Paytm’s parent One97 Communications, told Reuters. “If...
Sizzle Square: The firm, touted by some on the sell side as “FinTech’s best idea,” had a stock boost this week. At the same time, news has emerged that Square has filed a patent to help merchants accept bitcoin and other cryptos at its POS...
Paytm, a digital payment company out of India, said Thursday (July 26) that it didn’t share user data with investors or any foreign entities just one day after a member of Parliament, Narendra Jadhav, argued Alibaba’s stake in the company was a “very serious threat...
Apparently, Paytm feels pretty good about its five-year plan. Or, at least, the owner of the India-based online payments processor, One97 Communications (which itself is owned by Alibaba), does, having recently told Bloomberg that it currently controls enough funds to last five years, a timeframe...
September 10, 2019
Paytm’s parent One97 Communications posted $549 million in net losses for the fiscal year ending in March, according to reports on Monday (Sept. 9). Losses widened 165 percent over last year’s loss of $206 million in the same period. Regardless, Paytm is still going to invest $3 billion in its business over the next two […]
September 12, 2018
Paytm is ready to take on its rivals in India by expanding its services and relying on its regional expertise. “The fight is no more about one company, it is...
July 26, 2018
Paytm, a digital payment company out of India, said Thursday (July 26) that it didn’t share user data with investors or any foreign entities just one day after a member...
May 19, 2016
Apparently, Paytm feels pretty good about its five-year plan. Or, at least, the owner of the India-based online payments processor, One97 Communications (which itself is owned by Alibaba), does, having...
