At its 24th Annual General Meeting (AGM), Paytm, India’s leading payments and financial services distribution company underscored its strategic focus on core payment solutions and its commitment to achieving profitability. This ambitious goal is set against the backdrop of the company's enduring innovations in digital payments and financial services. In...
Fintech companies have taken a significant 52% share of the personal loan market, as noted in a recent Experian India report. As of March 2024, fintech companies have disbursed over ₹2.48 trillion in personal loans and ₹28,607 crore in business loans, with many loans under ₹50,000 primarily benefiting New-to-Credit (NTC)...
Paytm's Founder and CEO Vijay Shekhar Sharma will be discussing "Credit Line on UPI and the looming Paradigm shift in the way Bharat consumes Credit' at the 5th edition of the Global Fintech Fest (GFF) from August 28-30, 2024. He will be joined by some of the most influential leaders...
At the 9th Global Economic Summit on 'Fintech: Accelerating the Digital Revolution,' held from August 8-10, 2024, Maharashtra’s Minister for Industries, Uday Samant, articulated a bold vision to elevate micro, small, and medium enterprises (MSMEs) and startups to the level of ultra-mega projects. This strategic commitment is part of Maharashtra’s...
The Open Network for Digital Commerce (ONDC) has taken a significant step in expanding its fintech services by launching digital credit offerings. This new feature allows users to access fully digital, paperless loans in six minutes. As part of its broader financial services strategy, ONDC also plans to introduce insurance...
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