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MoneyWorks4Me

Paytm’s loan distribution business scales up to 3.4 million loan disbursals in October 2022

14 Nov 2022 Evaluate

One97 Communications’ (Paytm) loan distribution business has scaled to 3.4 million loan disbursals during the month of October 2022 (year-on-year growth of 161%), aggregating to loan disbursements of Rs 3,056 crore ($407 million, y-o-y growth of 387%). Consumer engagement is at its highest on Paytm Super-App with average monthly transacting users (MTU) at 84.0 million for the month of October 2022, up 33% y-o-y. There were 42% Y-o-Y increase in merchant payment volumes (GMV) for the month of October 2022 at Rs 1.18 lakh crore ($14 billion).

Paytm is India's leading digital ecosystem for consumers as well as merchants.

Peers
Company Name CMP
One97 Communications 1604.00
AvenuesAI 121.37
Billionbrains Garage 186.65
Moneyview 49.93
Pine Labs 153.75
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