India’s leading digital payments and financial services firm Paytm’s loan distribution business is proving to be the biggest driver of profitability for the company.
Paytm’s lending products, Paytm Postpaid, Personal loans and Merchant Loans, are underwritten by the fintech giant’s lending partners, with Paytm acting as the collection outsourcing partner. Its data-backed focus on credit quality has kept the asset quality under check resulting in efficient collections, growth, and revenue.
