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Paytm

Paytm Implements Workforce Reductions Through AI-Driven Automation

Reports confirm that Paytm, a leading fintech entity, has undertaken substantial layoffs affecting numerous employees within its operations, sales, and engineering departments. While specifics regarding...

Paytm Launches Card Soundbox to Boost Digital Payments for Indian Merchants

Indian fintech giant Paytm has unveiled an innovative Card Soundbox device aimed at simplifying payment acceptance for merchants across various networks, including Visa, Mastercard,...

Paytm Founder Becomes Largest Shareholder with $628 mn Stake Buyback from Ant Financial

In a strategic move to simplify its ownership structure and address concerns over Chinese ownership in Indian fintech companies, Paytm Chairman and Chief Executive,...

Paytm Launches Innovative Payment Devices for Merchants on the Move

Paytm has introduced two groundbreaking payment devices as part of its strategy to  continue to lead technology for small shops in India. The Paytm Pocket...

Paytm deploys 79 lakh merchant payment devices

Paytm, a prominent payments and financial services company, has achieved a significant milestone in merchant payments with the deployment of 79 lakh devices. In...

Paytm makes more revenue vs PhonePe and Google Pay

Paytm, a leading financial technology company, has reported revenue of Rs 7,991 crore for the fiscal year 2022-23. Paytm’s Q4 revenues of Rs 2,334 crore...

Paytm revenue surges 61% to Rs 7,990 crore

Paytm, a leading payments and financial services company, reported revenue of Rs 2,334 crore (+51 percent) for Q4 fiscal 2022-23, and Rs 7,990 crore...

China’s Alibaba exits India’s Paytm, selling shares for $167 mn

China’s Alibaba Group has sold its remaining stake in Indian digital payments firm Paytm for $167.14 million through a block deal. The exit comes days after Paytm...