Paytm Reports Significant Growth in Loans Disbursed and GMV in Q1

  • Paytm records a 167% YoY increase in the value of loan dispersals, distributing loans worth Rs 14,845 crore in Q1 FY24 compared to Rs 5,554 crore in Q1 FY23.
  • The fintech company’s gross merchandise value rose 37% YoY with it processing Rs 4.05 trillion in Q1 FY24.
  • Paytm’s monthly transacting users grew 23% YoY and it anticipates a growth in customer base in its payment devices segment in the next two or three years.
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