Here’s what life is like in Shangha » Discussions

Paytm Money Aims To Be India’s Top Wealth Manager

  • Leader
    Oct 22
    Paytm Money, the online platform for mutual fund investments that
    recently forayed into equity broking, aims to be India‘s top wealth
    manager as the owner of the nation’s largest e-wallet expands its
    financial services footprint.To get more news about WikiFX, you can visit wikifx official website.

      “As we progress in this journey of becoming the preferred platform for
    users to save and invest, our goal is to provide a simple platform for
    users to do so,” Varun Sridhar, chief executive officer at digital
    investment unit of One97 Communications Pvt., told BloombergQuint in an
    interview. “With a few clicks you are able to save and make your money
    work harder.”


      Paytm Money, which has 200-300 million customers doing 20-30 million
    transactions daily, aims to capitalise on its existing user base. “We
    see about 80%-odd users who are, what Id call, important or very loyal
    Paytm users, and about 20% come from outside the system.”