Paytm's Q4 Cheers Investors But Unlikely To Break Even By Q2fy23 | Mint - Mint
5/23/2022 12:00:00 AM2 years 11 months ago
by Vineetha Sampath
by Vineetha Sampath
Paytm’s financial services business continues to be dominated by BNPL (98% of loans by volume), and scaling up higher-ticket merchant loans will continue to be a challenge in a pure distribution model
Shares of One 97 Communications Ltd, parent of Paytm, closed more than 7% higher on Monday on the National Stock Exchange. In the March quarter (Q4FY22), Paytm reported an improvement in operating me… [+3290 chars]
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