Paytm's Market Cap Nears $2.5 Billion Amid UPI Market Share Drop, Lending Business Challenges with NBFCs Impacting Operations

🚨🆕 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

Chandra R. Srikanth@chandrarsrikant

2 years ago

Paytm's UPI market share drops by 5 percentage points in 1 year By @AnandJRAnand https://t.co/7HhZEDEgsw