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Alibaba sells half its stake in India-based payments company Paytm

Chinese e-commerce giant Alibaba has reportedly sold half of its position in India-based payments company Paytm.

Paytm transforms android phones into contactless card payment machines with new...

India-based digital payments provider Paytm to allow merchants and retailers use an Android phone as a payments machine for near field communication credit and debit card payment transactions.

FinTech deal activity in India has nearly doubled since 2015

The number of FinTech transactions hit an all-time high of 154 last year Indian FinTech companies raised over $18.6bn across 563 transactions between 2015...

India’s Paytm gets its insurance brokerage license

Payment giant Paytm has received a new insurance brokerage license from India’s Insurance Regulatory and Development Authority.

Paytm closes $1bn round, rising its valuation to $16bn

India’s payment giant Paytm has closed its latest round of funding as it looks to deploy RS 10,000 Cr ($1.4bn) to increase financial inclusion to more users in the country.

SoftBank’s CEO Masayoshi Son seemingly fell asleep during a panel at...

Masayoshi Son, CEO of mega-tech investor SoftBank, appeared to be nodding off during a panel during a global investment conference in Saudi Arabia dubbed...

Indian payments giant Paytm close to $2bn round

Mobile-based financial service company Paytm is reportedly close to closing a new $2bn funding round, which would value it at $16bn.

How did digital wallet FinTech Paytm lose $549m last year?

Indian FinTech unicorn Paytm lost $549m in the financial year ending in March.

One97 Communications said to raise $300m in funding from Berkshire Hathaway

India-based One97 Communications, the parent company of financial services giant Paytm, has reportedly received a $300m investment from Berkshire Hathaway. The value of the investment...

Paytm acquires India-based personal finance platform Balance.Tech

Paytm has acquired fellow Indian FinTech company Balance.Tech, a developer of personal finance solutions.

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