One 97 Communications' lending business has scaled to 8.5 million total loan disbursals during the quarter ending June 2022 (Q1FY23) (Year-on-Year growth of 492%). This aggregates to a total loan value of Rs 5,554 crore ($703 million) during the quarter (y-o-y growth of 779%). Offline payments leadership strengthens with total number of devices deployed around at 3.8 million. Consumer engagement is at its highest on Paytm Super-App with average monthly transacting users (MTU) at 74.8 million for the quarter ending June 2022, up 49% y-o-y. 101% Y-o-Y increase in merchant payment volumes (GMV) for the quarter ending June 2022 at Rs 2.96 lakh crore ($37 billion).
One 97 Communications (Paytm) is India's leading digital ecosystem for consumers as well as merchants.
