STARTUP/TECHNOLOGY
Paytm Infuses About ₹99 Cr Into Its European Arm To Support Expansion
One 97 Communications Ltd (OCL), which owns digital payments and financial services platform Paytm, has infused €9 million (about ₹99 crore) into its Luxembourg-based step-down wholly owned subsidiary, Paytm Europe Payments S.A., to support its business and operational requirements in Europe. The investment has been made through Paytm Cloud Technologies Ltd (PCTL), a wholly owned […]
CW Bureau
·
Jun 2, 2026
STARTUP/TECHNOLOGY
Paytm Launches Pocket Money For Teenagers To Make UPI Payments
Paytm (One 97 Communications Ltd), India’s full-stack merchant payments leader serving MSMEs and enterprises, and the pioneer of mobile payments, QR codes and Soundbox, has announced the launch of Paytm Pocket Money. The feature enables teenagers to make Paytm UPI payments without having their own bank account, while allowing parents and trusted family members to […]
CW Bureau
·
May 18, 2026
BANKING & FINANCE
Compliance Matters: The Inside Story Of Paytm Bank Licence Cancellation
In one of the toughest regulatory actions in India’s fintech space, the Reserve Bank of India (RBI) has cancelled the banking licence of Paytm Payments Bank Ltd (PPBL) with effect from April 24, 2026, citing persistent non-compliance and serious governance concerns. The move effectively shuts down the payments bank and sets in motion a winding-up […]
CW Bureau
·
Apr 26, 2026
