New Delhi: India’s leading financial services platform Paytm is the only Indian company in the top ten of the list of Financial Times 500 high growth companies in the APAC region. Paytm has been striving to promote financial inclusion in the country and bring half a billion Indians into the mainstream economy. Over the last two decades, it has revolutionized financial technology in India. Paytm pioneered and is the leader of QR based mobile payments in India and is the only company in the country that provides 360-degree financial services.
Financial Times while publishing the ranking said that though the data in the list does not take into account the unfolding of the COVID-19 crisis, it gives an idea of those firms that already have the buffers to survive the fallout of the pandemic.
Paytm which has always been an engineering and innovation-led company strongly believes in building technology solutions for the masses. It has built the mobile payment and cashless revolution in India and has innovated various industry-leading financial service technology solutions. Over the years, Paytm has expanded into Paytm Payments Bank which recently crossed Rs. 1000 crore in deposits by over 57 million savings account holders; Paytm Money for wealth management offering; newly launched Paytm Insurance Broking Pvt. Ltd and popular gaming and fantasy sports destination Paytm First Games, which is witnessing close to 75,000 new users joining the platform daily.
Paytm Spokesperson said, “We are both humbled and proud to represent India as the top financial services firm in the Financial Times list of 500 high growth companies in the APAC region. Our main objective is to build a company that not only helps in bringing millions of Indians into the financial fold but also puts India on the world map as a top technological innovations hub. We thank the government, all our allies and partners, and most importantly Indian citizens for helping us be where we are today.”
