Paytm’s Loan Disbursals Up 103% YoY To 38.65 Lakh In Jan 2023, Average MTU Rises 29%

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Inc42 1 mo ago

Paytm’s Loan Disbursals Up 103% YoY To 38.65 Lakh In Jan 2023, Average MTU Rises 29% - Inc42

Quick Summary:

Paytm’s loan distribution business continued to grow in scale as the fintech giant disbursed 38.

Last week, Paytm reported its Q3 results and said that it achieved adjusted EBITDA profitability during the quarter, three quarters ahead of its estimates.

In a report, Macquarie said that the fintech player ‘positively surprised’ on the distribution of financial services revenue by a wide margin and by managing to control overall expenses and charges.