Paytm
Paytm shares surge after RBI grants payment aggregator license
Payment aggregators are platforms that provide diverse payments options to customers, including merchants
China's Ant Group to sell 4% stake in India's Paytm for US$242 million
Paytm has seen a spate of selldowns in the past two years, including the exit of Warren Buffett’s Berkshire Hathaway and Japan’s SoftBank Group
India markets regulator pull up Paytm founder, director on IPO breaches, Moneycontrol reports
India’s markets regulator has issued show-cause notices to Paytm founder Vijay Shekhar Sharma and other board members who held roles during the firm’s November 2021 IPO over alleged misrepresentation ...
Zomato to buy Paytm’s movie ticketing business for US$244 million
ZOMATO agreed to buy Paytm’s movie and events ticketing business for 20.5 billion rupees (S$319 million) in cash, snapping up an asset from the fintech pioneer to move beyond food and grocery delivery...
Paytm is in talks with Zomato to sell movie, ticketing business
PAYTM is in talks to sell its movie and ticketing business to Zomato, as the Indian fintech pioneer seeks to unload non-core assets and revive sales hurt by a regulatory crackdown.
India’s Paytm flags further financial impact of banking unit wind down
INDIAN digital payments firm Paytm posted a wider loss in the fourth quarter on Wednesday (May 22) and warned of further financial impact as the company absorbs the full effect of the Reserve Bank of ...
India’s Paytm wins payments approval it needs to stay in business
INDIA’S Paytm won approval to become a consumer digital payments platform, helping the beleaguered fintech continue a bulk of its business even as its banking affiliate is getting wound down.
India's Paytm Payments Bank fined over US$662,000 for alleged money laundering
India’s Financial Intelligence Unit (FIU) on Friday (Mar 1) imposed a penalty of US$662,565 on Paytm’s banking arm, Paytm Payments Bank, for alleged money laundering, the country’s finance ministry sa...
India’s Paytm discontinues inter-company agreements with its payments bank
INDIA’S Paytm and its payments bank unit have mutually agreed to discontinue various inter-company agreements in the process to reduce dependencies, the embattled payments firm said on Friday (Mar 1).
Japan’s SoftBank cuts stake in India’s Paytm to under 3%
JAPAN’S SoftBank Group has further reduced its stake in beleaguered Indian payments firm Paytm to 2.83 per cent from 5.01 per cent, an exchange filing showed on Thursday (Feb 29).
