One 97 Communications (Paytm) has reported growth of 374% y-o-y in the value of loans disbursed to Rs 6,292 crore ($774 million), while its the number of loans disbursed grew 150% y-o-y to 6.8 million cumulative loans for the two months ended November 2022.
Leadership in offline payments strengthens with merchants paying subscription for payment devices exceeding 5.5 million, while consumer engagement is at its highest on Paytm Super App with average monthly transacting users (MTU) at 84 million for the two months ended November 2022, up 33% y-o-y.
Paytm is India's leading digital ecosystem for consumers as well as merchants.
