Paytm Q3 update: GMV at Rs 2.5 lakh crore; over 4-fold jump in loan disbursals

Henrique Almeida 23/04/2022 2 Comentários

Paytm on Monday said the number of loans disbursed through its platform jumped five times year-on-year (YoY) to 4.4 million loans during the December quarter as the lending business continued to scale rapidly. The value of loans disbursed through our platform during the quarter was Rs 2,180 crore, an increase of 365 per cent YoY, the company said. Paytm said GMV growth continued in Q3. GMV processed through its platform during the quarter aggregated to approximately Rs 2,50,100 crore ($33.6 billion), a growth of 123 per cent YoY compared to Q3FY21.