$55 Bn

$382 Mn

Average Monthly Transacting Users (Q1- FY22)

50.4 Mn

-61%

Key Highlights

Over the years, the fintech market in India has expanded beyond money transfers and bill payments. Paytm , an application which was launched primarily as a mobile wallet to facilitate money transfers and mobile recharges, today offers an array of services ranging from equity investments to insurances indicating that full-stack fintech applications are the need of the hour in the Indian digital economy. 

Backed by the likes of SoftBank, Alibaba Group, T. Rowe Price and others. Paytm clocked in a total operating revenue of $382 Mn in FY21. Compared to FY19 the operating revenue of the company has tanked by 13% primarily due to the diminishing share of revenue from commerce and cloud services over the same period. The revenue from commerce and cloud services of the company took a major hit due to the pandemic and witnessed a decrease in revenue share from 47.5% (in total FY19 revenue) to 25% in the total FY21 revenue. However, the share of payments and financial services increased by 22 percentage points from 52.5% (in FY19 ) to  75% (in FY21).

Decoding Paytm IPO: Growth Potential, Risks & More, Report 2021