One97 Communications Limited

Exclusive: Paytm’s payment aggregator unit fires all senior executives

Exclusive: Paytm’s payment aggregator unit fires all senior executives

04 Apr 2025, 15:08 PM

Nearly 10-15 senior executives—at the AVP, VP, and SVP levels—have been let go from Paytm Payments Services Limited, which is still awaiting its final PA licence from the RBI.

Who Reads Us

Fintech Highlights

  1. Swedfund extends $20 million loan to microlender CreditAccess Grameen

  2. Snapmint raises $125 million in Series B funding led by General Atlantic

  3. PB Fintech July-Sept revenue up 38% to Rs 1,613.5 crore

  4. Razorpay partners with NPCI International to launch UPI payments in Malaysia

  5. General Atlantic doubles its PhonePe holding to 9% via $600 million secondary deal
  6. Read more news...

AI/Emerging Tech

  1. Google to offer free Gemini AI Pro access to Jio's 5G subscribers

  2. Mem0 raises $24 million from Kindred Ventures, Basis Set, Peak XV

  3. Cameo sues OpenAI for trademark infringement

  4. OpenAI completes recapitalization to form for-profit corp

  5. Amazon cutting 14,000 corporate jobs amid AI wave
  6. Read more news...

Money & Machines

  1. Money & Machines: Regulators, Reel Stars, Real Money. And 'All Inclusive' — Inside GFF 2025

  2. What happened after the gaming ban story; VCs' hunt for 'Lovable' in India

  3. RBI brings the wild west under regulatory fold; Hello, AI friend

  4. The same fate of two digital lending posterboys; Healthcare not AI ready?
  5. Previous editions...

Editor's Pick

  1. ED orders Yes Bank to freeze accounts linked to BranchX, Frenzopay

  2. The shadow economy of online gaming: How money moves beyond the screen

  3. A VC in photos, a different story in business? Behind the facade of Foxhog’s Tarun Poddar