fintech / news / / Lokmat Times
Citigroup has turned increasingly positive on Paytm, citing ‘plenty of growth and margin drivers’ for the fintech major.
Paytm’s consumer payments growth in FY26 was almost double the overall market growth rate.
KEY POINTS
- Only about 7% of eligible Paytm merchants currently use its lending products, leaving significant expansion potential.
- Paytm added nearly 3 million new merchant devices in FY26, reaching 15 million deployed nationwide.
- Citi identifies improving net payment margins at Paytm, now standing at around 4 basis points.
- Paytm is investing in AI-led development across wealth and broking services to meet evolving demand.
COMPANIES
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