Tag: Paytm

Paytm Payments Bank faces hefty INR 5.4 crore fine due to...

Paytm Payments Bank has been penalised INR 5.4 crore by the RBI owing to its failure to adhere to KYC instructions.

India’s InsurTech sensation InsuranceDekho clinches $60m

India's InsurTech startup InsuranceDekho, which emerged from the automobile marketplace group CarDekho, has successfully secured $60m in its latest fundraising effort.

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.

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