One 97 Communications (Paytm) has partnered with the largest retail NBFC in India, Shriram Finance to offer financial services to its users including loan products. Through this partnership, Shriram Finance’s products will be made available on Paytm’s platform digitally to further expand access to credit and drive financial inclusion in the country.
With this partnership, the two brands are coming together to augment digital financial services including distribution of credit. Paytm has redefined the traditional brick and mortar model of loans distribution with digital-first credit distribution, ensuring last mile access to users. This strategic partnership combines Paytm’s wide reach and technology infrastructure with Shriram Finance’s lending expertise as the largest retail NBFC in India. Powered by Paytm’s fintech leadership as a loan service provider (LSP) focused on compliance and quality of loans, this partnership will integrate Shriram Finance wide geographical presence across the country especially rural areas.
Paytm is India's leading digital ecosystem for consumers as well as merchants.
