Entrackr-Paytm Latest News (1)

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• Paytm News

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Bhavesh Gupta ropes in as Paytm CEO to steer its
lending business Paytm Latest News

• According to Paytm Latest News, Paytm has
  appointed Bhavesh Gupta as Chief Executive
  Officer and senior vp to steer the companys
  lending business. Gupta would be chargeable for
  developing and expanding the Noida-based
  companys lending services together with
  innovating new credit products in partnerships
  with other banks and NBFCs.
• Before joining Paytm, Gupta was the founding
  member and CEO at Clix Capital, formerly GE
  Capital India, for the last three years and a
  half years. He has over 22 years of experience
  within the financial sector and has also worked
  with IDFC Bank and ICICI Bank for over 10 years,
  as per Paytm Latest News.
• Announcing the appointment, Amit Nayyar,
  president of Paytm, said, We are very excited to
  welcome Bhavesh, whose experience would help us
  accelerate our goals. I anticipate to working
  closely with him to expand our lending business
  further together with our esteemed banks and NBFC
  partners.

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Paytm News

• One97 Communications group has marked its third
  most top-level hiring within the past period of
  time. While the corporate had recently hired
  Varun Sridhar as CEO of Paytm Money, it elevated
  Amit Kapoor to vice chairman and CFO at its
  wealth management unit. Last month, Paytm had
  hired Harsh Gupta to steer its merchant payments
  and appointed Anubhav Sharma because the vice
  chairman of Paytm Payments Bank. Paytm News had
  exclusively reported these appointments.
• In the lending business, Paytm, in partnership
  with Bank and NBFCs, has launched Paytm First
  mastercard, Paytm Postpaid, Personal Loans and
  Merchant Cash Loans. it's partnered with Clix
  Capital to supply loans as a payment option for
  consumers and to merchants as credit lines, as
  mentioned by Paytm Latest news

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Latest Paytm News
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Startup Funding News

• Paytm News, however, reported that Paytm also
  extended its consumer lending product Paytm
  Postpaid to offline retail and Kirana stores and
  increased credit limit for PostPaid products up
  to Rs 1,00,000 monthly from Rs 60,000 earlier to
  enable payment for giant items like furniture and
  consumer electronics.
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