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Paytm disburses Rs 5,517 crore...

NEW DELHI: Fintech major Paytm on...

Paytm disburses Rs 5,517 crore loans in August, deploys 87 lakh devices for offline payments

NEW DELHI: Fintech major Paytm on Tuesday said it disbursed $667 million (Rs 5,517 crore) loans through its platform and deployed 87 lakh devices for offline payments in August.The Vijay Shekhar Sharma-led fintech platform said in a regulatory filing that on an average 9.4 crore users transacted through Paytm monthly during July and August this year, which was 20 per cent higher than the average number of users recorded during the same period last year."Our loan distribution business (in partnership with our lender partners) continues to gain scale...

Paytm disburses Rs...

NEW DELHI: Fintech major Paytm on Tuesday said it disbursed $667 million (Rs 5,517 crore) loans through its platform and deployed 87 lakh...