Indian fintech giant Paytm is making waves internationally! The company has announced a strategic investment of $1 million in a Brazil-based startup, Dinie, marking a bold move in expanding its global presence. Through its subsidiary, Paytm Cloud Technologies, Paytm will acquire a 25% stake in Seven Technology LLC, the parent company of Dinie. The deal is expected to close within 45 days and is…
Paytm, the Gurugram-based fintech giant, has made a significant announcement – former IAS officer Bimal Julka will join as a Non-Executive Independent Director starting January 20, 2025. This move aims to strengthen Paytm’s governance and boost its strategy as the company gears up for global expansion. But who is Bimal Julka, and how will his appointment impact Paytm’s future?
In this…
Sachin Bansal’s fintech company, Navi, has experienced remarkable growth on the Unified Payments Interface (UPI) platform, nearly doubling its transaction volume in July. Data from the National Payments Corporation of India (NPCI) shows Navi processed 68.5 million transactions in July, a significant increase from 35.7 million in June and just 3 million in March, marking a 22-fold growth in four…
