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Paytm Payments Bank

4072 employees

Paytm Payments Bank is India’s mobile-first bank with zero balance-zero digital transaction charge accounts. Owned and governed solely by Indians, Paytm Payments Bank was launched on May 23, 2017. Vijay Shekhar Sharma owns majority stake in the company, with the remaining share owned by Indian firm One97 Communications Ltd. Paytm Payments Bank is building India’s first world class digital bank with a mission and commitment to serve to all underbanked and underserved indians. We will bring half-a-billion Indians to mainstream economy. No Fear No Greed No Entitlement

Investor insights

Funding rounds participated in

$19M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Banking

Sectors

Banking

Date founded

2017

Funding rounds raised

Total raised

$19M

from investors over 1 rounds

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Paytm Payments Bank raised $19M on December 23, 2017

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