Paytm disbursed 4.1 Mn loans in March, an increase of 63% year-on-year
Paytm’s average monthly transacting users (MTU) stood at 90 Mn during Q4 FY23, up 27% from the year-ago quarter
The increase in MTU and the number of Soundbox devices took Paytm’s GMV to INR 3.62 Lakh Cr during Q4 FY23
Listed fintech giant Paytm disbursed 4.1 Mn loans worth INR 4,468 Cr in March 2023, registering a year-on-year (YoY) growth of 63% and 206%, respectively.
Compared to February 2023, loan disbursal grew 7.46% from INR 4,158 Cr and the number of loans disbursed rose 0.88% from 4 Mn.