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Paytm’s dismal India IPO puts damper on future digital payment offerings
Paytm’s dismal stock market debut is likely to put a damper on future offerings after the IPO of the digital payments firm floundered. Read more…
Paytm
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Indian fintech firm Paytm creates swag of new millionaires after $2.5bn IPO
About 350 current and ex-employees will each have a net worth of at least 10 million Indian rupees ($134,401.38) after Paytm’s $2.5bn IPO. Read more…
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India’s Paytm has over 100 institutional investors backing its IPO
Paytm has allocated shares worth $1.11 billion to over 100 investors ahead of what is expected to be India’s largest stock market listing. Read more…
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India’s Paytm and beauty startup Nykaa head for massive IPOs
Indian fintech firm Paytm has received approval for what is likely to be India’s biggest-ever IPO, and beauty company Nykaa aims for $7bn IPO Read more…
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Police given three weeks to conclude investigation into India’s Paytm
An Indian court has given police three weeks to conclude an investigation into claims from a former Paytm director over disputed shares. Read more…
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India launches probe against dubious China-backed fintech lending apps
India has ordered authorities to investigate over two dozen China-backed fintech lenders and for cost gateways to stop dealing with them. Read more…
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India’s Paytm to big tech firms: stop treating India like third-world market
India’s top fintech company Paytm has intensified its war against US-based “big tech” companies, especially Google and Facebook’s WhatsApp. Read more…
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Ant Group considering selling its 30% stake in Paytm amid tensions
Chinese fintech giant Ant Group is considering selling its 30% stake in Indian digital payment processor Paytm amid tensions. Read more…
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India’s Paytm back on Google store after policy violations ban
Indian digital payments firm Paytm said its mobile app was back on Google’s android store after bans over violations of its gambling policy. Read more…
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Facebook’s $5.7 billion investment in Reliance a big headache for Paytm
Facebook’s $5.7 billion investment in Reliance promises to be the biggest headache yet for Paytm, a SoftBank-backed pioneer Read more…
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