Paytm
Description
Paytm is a payment gateway that provides payment services for customers and merchants.
Overview
| Foundation year: | 2010 |
| Location: | Noida, Uttar Pradesh, India |
| Founders: | Akshay Khanna, Vijay Shekhar Sharma |
| Website: | https://paytm.com/ |
Target geographic market:
India
About Product/Service
| Volume of Transactions in 2019 | $5.5B |
|---|---|
| Regulators/Compliance | PCI, GDPR |
| Valuation | USD 10B |
| Pricing | " UPI 0% Paytm Payment Bank 1.99% + GST Paytm Wallet 1.99% + GST Credit Card* 1.99% + GST" |
| The Base Currency | INR |
| Number of Currencies Supported | 20+ |
| Product cost | - |
|---|---|
| PCI compliance | |
| POS System Invoicing |
Key people
Funding rounds
| Last Funding Date | 04/02/2017 |
|---|---|
| Last Funding Type | Undisclosed |
| Total Funding Amount | ₹2.2B |
| Number of Funding Rounds | 4 |
Financials
| Estimated revenue | $50M to $100M |
|---|---|
| Number of investors | 4 |
| Number of lead investors | 1 |
| Names of lead investors | "Vijay Shekhar Sharma K2 Global Investopad One97 Mobility Fund" |
Tech stack
Competitors
| Founding Date | Type | Tags | |
x MYbank MYbank, a leading online private commercial bank... | 2015 | Private | fintech, challenger banks |
x Fourthline We are a risk management and regulatory... | 2017 | Private | |
x Metro Bank Metro Bank plc is a retail and commercial bank... | 2010 | Private | Challenger banks, fintech |
x Air bank Air Bank is a modern and innovative 21st century... | 2019 | Challenger banks, fintech | |
x Delo Bank Online bank for small enterprises | 2018 | Challenger banks, fintech |
