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This Article is From Sep 24, 2021

Paytm - Leading The FinTech Wave: Motilal Oswal

Paytm - Leading The FinTech Wave: Motilal Oswal
A restaurant advertises the use of the Paytm digital payment system in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

Paytm is India's leading payments and Fintech enterprise – it offers payments, financial services, commerce, and cloud services to its large consumer/merchant base of ~333 million/~21 million.

Paytm is the largest payments platform, with gross merchandise value of ~Rs 4 trillion reported in FY21 (~33% compound annual growth rate over FY19–21).

The company was launched in CY09 as a ‘mobile-first' digital payments platform to enable cashless payments to consumers.

It started off as a digital wallet based platform initially, with a focus on mobile top-ups and utility payments.

With the advent of technology, Paytm has created a payments-led ‘super app' and evolved into a comprehensive payments ecosystem, covering payments, credit, insurance, merchants, wealth management, e-commerce services, and so on.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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