Paytm

30 results about this entity

Period: 01 Aug 2017 - 04 Mar 2024

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Paytm Business Bank fined on money laundering charges

/regulation

Paytm Business Bank fined on money laundering charges

Paytm's banking business has been fined 55 million rupees (about $663,000) by an Indian regulator on money laundering charges.

Paytm shares plummet on RBI curbs

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Paytm shares plummet on RBI curbs

Indian payments giant Paytm has seen its shares price drop 20% for the second day running - knocking around $2 billion off its market value - after its banking business was hit with strict curbs by the RBI.

RBI effectively kills off Paytm Payments Bank with fresh curbs

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RBI effectively kills off Paytm Payments Bank with fresh curbs

India's central bank has imposed stringet new curbs on Paytm Payments Bank following a critical compliance review by external auditors.

Paytm Payments Bank fined over KYC lapses

/regulation

Paytm Payments Bank fined over KYC lapses

The Reserve Bank of India has fined Paytm Payments Bank about $650,000 for know your customer failings.

Alibaba sells $126 million stake in Paytm

/payments

Alibaba sells $126 million stake in Paytm

Chinese e-commerce giant, Alibaba Group, sold a 3.1% stake in the Indian digital payments firm, Paytm, via a block trade on Thursday.

Paytm plans $103m share buyback after stock price collapses

/payments

Paytm plans $103m share buyback after stock price collapses

Indian digital payments giant Paytm is embarking on a share buyback of up to $103 million as it seeks to steady a stock price that has been in freefall since an IPO last year.

/security

Paytm unveils fraud risk management platform, Pi

Paytm Labs, the advanced R&D division of fintech giant Paytm, has launched Pi, an ML-powered fraud risk management (FRM) platform designed for fintechs, banks and eCommerce marketplaces with high transaction volumes. Pi was developed from scratch at its innovation lab because existing fraud management systems were not fast enough or robust enough to handle the hundreds of millions of decisions required each day by Paytm.

RBI bans Paytm Payments Bank from onboarding new customers; orders IT audit

/regulation

RBI bans Paytm Payments Bank from onboarding new customers; orders IT audit

The Reserve Bank of India has ordered Paytm Payments Bank to stop onboarding new customers and to appoint an IT audit firm, citing "supervisory concerns".

Paytm shares tank on market debut

/payments

Paytm shares tank on market debut

Shares in Paytm fell by more than 27% on the Indian digital payments giant's market debut.

Paytm to raise $2.2bn in IPO

/payments

Paytm to raise $2.2bn in IPO

Indian digital payments giant Paytm is seeking to raise up to $2.2 billion in an initial public offering.

UBS in talks to invest $400 million in India's Paytm

/payments

UBS in talks to invest $400 million in India's Paytm

UBS is in talks to invest $400 million in Indian digital payments startup Paytm, according to Bloomberg.

Google briefly pulls Paytm app from Play Store

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Google briefly pulls Paytm app from Play Store

Google briefly pulled India's hugely popular payments app Paytm from its Play Store on Friday over gambling policy violations.

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Paytm Money names Varun Sridhar CEO

We are happy to share that Paytm Money, India’s largest online investment & wealth management platform, has appointed Varun Sridhar as its new Chief Executive Officer.

/payments

Mastercard debit cards now available with Paytm Payments Bank

We are glad to announce that we have partnered with Mastercard for the issuance of virtual and physical debit cards.

India's Paytm raises $1 billion

India's Paytm raises $1 billion

Indian e-commerce and payments firm Paytm is to expand into insurance, lending, stockbroking and investments after receiving a whopping $1 billion round of funding.

Paytm closes in on $2bn funding - FT

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Paytm closes in on $2bn funding - FT

Indian mobile payment giant Paytm is looking to raise $2 billion at a $15 billion valuation, according to the Financial Times.

/payments

Paytm opens research centre in Montréal

Paytm is pleased to announce the opening of a research and development centre in Montréal. Paytm, whose international headquarters are in India, is a leader in innovative mobile payment, commerce and banking solutions.

Paytm First Card issued by Citi

Paytm First Card, India’s first card with 1% universal unlimited cashback, and no restrictions on earning categories, was launched today.

Paytm Canada plugs into Paysafe to boost mobile payments experience

Paysafe Group (“Paysafe”), a leading global payments provider, is partnering with Paytm Canada to extend the payment options their customers have to securely and easily use their smartphones to pay for goods and services.

Warren Buffett to invest in Paytm

Warren Buffett to invest in Paytm

Warren Buffett's Berkshire Hathaway is set to buy a stake of up to four per cent in the company behind Paytm, valuing the Indian digital payments giant at more than $10 billion, according to press reports.

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