South Korean electronics giant is officially launching its mobile payment platform in India, following a successful trial of the platform last month.
In this article, you can read about the top 10 payment companies in Asia.
SoftBank & Ant Group previously offered to sell their Paytm stakes to Bharti Airtel founder-chairman Sunil Mittal.
Digital payments firm Paytm saw its stock decline markedly after a shareholder offloaded 19.20 million shares.
Despite the immediate bearish sentiment engulfing Paytm shares, analysts are still optimistic that the company will see brighter days ahead.
The average monthly transacting users on Paytm jumped by 39% from a year ago.
Flipkart recently announced the launch of Shopsy, aimed at driving local entrepreneurship.
In partnership with Acko General Insurance, Amazon has decided to start selling auto insurance in India. AMZN stock went up in the pre-market today.
According to Facebook, the aim of the investment in Jio Platforms is to create “new ways for people and businesses to operate more effectively in the growing digital economy.” FB stock is rising in the pre-market.
Fintech companies, among others, have seen some effect of the current coronavirus pandemic. Let’s take a look at the ongoing changes.
Earlier this year, Paytm began fundraising efforts to pick up close to $2 billion but trimmed the size of the round amid heated competition and widening losses in the digital payments segment.