Tag: Paytm

PhonePe maintained its UPI dominance in May with 10.73B transactions, capturing 46.3% volume share.

UPI crossed 23 billion monthly transactions in May 2026, setting a new record for India’s payments network.

Paytm witnessed block deals worth Rs 964 crore as SAIF Partners and Elevation Capital offloaded stakes.

One97 Communications reported Q4 FY26 profit of Rs 183 crore, with revenue rising 18% to Rs 2,264 crore.

The Reserve Bank of India has cancelled the banking licence of Paytm Payments Bank Limited, effective April 24.

One97 Communications, operator of Paytm, is now majority Indian-owned amid regulatory focus on fintech.

Paytm reported Q3 FY26 revenue of Rs 2,194 crore and a net profit of Rs 225 crore, marking significant growth.

SoftBank's recent activity in India indicates a strategic reset, focusing on AI and enterprise technology.

One 97 Communications approved a fresh grant of 1,23,908 stock options to eligible employees.

The Reserve Bank of India has increased regulatory approvals for fintech companies, issuing multiple licences.