Business Standard

Monday, December 23, 2024 | 01:06 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Paytm to launch stock-broking services within the next 2-3 weeks

The fintech unicorn, which received Sebi nod in Jan, has already diversified into insurance, e-commerce and banking services

Paytm
Premium

Paytm and Sharma together acquired Raheja QBE General Insurance for nearly Rs 568 crore earlier this month

Sai Ishwar Mumbai,
After getting into insurance, e-commerce and banking sectors, fintech unicorn Paytm is all set to dabble into stock-broking services in the next few weeks.

“Payments is the largest revenue for us and a couple of million-dollar revenues comes from that standalone, and then we are industry number two in terms of ticketing and events business and distant number three in e-commerce," said Vijay Shekhar Sharma, founder and CEO of the Alibaba-backed firm. "We then started to build our financial services stack with banking and we hope to do lending. We are good in mutual funds and we hope to do

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in