Paytm's Q4 cheers investors but unlikely to break even by Q2FY232 min read . Updated: 23 May 2022, 04:13 PM IST
- Paytm’s financial services business continues to be dominated by BNPL (98% of loans by volume), and scaling up higher-ticket merchant loans will continue to be a challenge in a pure distribution model
Shares of One 97 Communications Ltd, parent of Paytm, closed more than 7% higher on Monday on the National Stock Exchange. In the March quarter (Q4FY22), Paytm reported an improvement in operating metrics which was encouraging.
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