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Paytm reports 4 times growth in loan distribution business in January

Paytm said that over the last few quarters it has been focusing on payment volumes that generate profitability, either through net payments margin or from direct upsell potential. ....

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Paytm disbursed 6 million loans, deployed 4.5 million devices in July-August

Fintech unicorn Paytm continued to see growth in its lending and offline payments business, even as it strives to turn profitable. The company claims that its consumer engagement on the app is peaking too. ....

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