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🚨🆕 The challenges faced by @PaytmBank are impacting the fintech's lending business, one of its strongholds. A bunch of #NBFCs that worked with @Paytm for consumer loans have now pulled the plug, sources told us. 🧵
☀️ Good morning. Read today's packed edition of ETtech Morning Dispatch: ■ @Paytm’s lending biz in trouble ■ Inside #Tata Digital’s top-level churn ■ @SoftBank may double down on @icertis ■ Ad-film makers await launch of @OpenAI’s Sora https://t.co/iEfQLHOYJ3
Paytm's UPI market share drops by 5 percentage points in 1 year By @AnandJRAnand https://t.co/7HhZEDEgsw
Paytm's market cap nears $2.5 billion as its UPI market share drops by 5 percentage points in a year. The fintech company faces challenges in its lending business as several NBFCs withdraw, impacting its operations.
