Ppsl

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.

Fintech Hightlights

  1. Phi Commerce raising $5 million from existing investors

  2. Cornerstone Ventures invests Rs 100 crore in OfBusiness

  3. PB Fintech gets RBI's in-principle nod to operate as payment aggregator

  4. After Fullerton control, Lendingkart gets its new CEO in Prashant Joshi

  5. PhonePe launches UPI Circle
  6. Read more highlights...

Editor's Pick

  1. NPCI’s Silent Power Play: The policy muscle and money behind RuPay’s credit push

  2. BharatPe’s NBFC Trillion Loans FY24 statement: Auditor flags ‘material weakness’ in financial controls

  3. Decoding Stashfin: Business, funding, and culture struggles — can Paytm veteran turn it around?