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A bubble in payments? Paytm tanks 27% on market debut
Its horrible when people say it, but “I told you so.” Back in August Payments Cards & Mobile bought you analysis of investment in the payments market and asked “Is... read more
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Paytm plans India’s biggest ever IPO at $3 billion
India’s leading digital payments provider, Paytm, is planning to raise about $3 billion in an initial public offering (IPO) in India later this year, in what would be the country’s... read more
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Paytm raises a further $1 billion giving it a $16 billion valuation
Paytm has announced new funding from existing shareholders like SoftBank Group Vision Fund and new investors, as competition in India’s digital payments and finance sector heats up. Though the company... more
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Mobile wallet market worth $100 billion set to hit $250 billion by 2024
Mobile Wallet Market size was estimated to be over $100 billion in 2017 and is anticipated to grow at a CAGR of more than 10% over the forecast timespan of... more
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UPI leads vibrant Indian mobile wallet rankings
Unified Payments Interface (UPI) that allows for instant bank-to-bank fund transfers is gradually taking the lead over the vibrant mobile wallet market in India. A large chunk of P2P remittance... more
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