Paytm To Set Up Subsidiaries In UAE, Saudi Arabia, Singapore

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SUMMARY

Paytm’s subsidiary Paytm Cloud Technologies has received the board’s nod to set up three new subsidiaries in the UAE, Saudi Arabia and Singapore

The move comes as the fintech major looks to expand and monetise its tech-enabled payments and financial services in international markets

Another Paytm subsidiary, Mobiquest Mobile Technologies is set to offload its entire 100% stake in its wholly owned subsidiary Xceed IT Solutions

Fintech major Paytm is planning to set up three new subsidiaries in the UAE, Saudi…



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Paytm To Set Up Subsidiaries In UAE, Saudi Arabia, Singapore


SUMMARY

Paytm’s subsidiary Paytm Cloud Technologies has received the board’s nod to set up three new subsidiaries in the UAE, Saudi Arabia and Singapore

The move comes as the fintech major looks to expand and monetise its tech-enabled payments and financial services in international markets

Another Paytm subsidiary, Mobiquest Mobile Technologies is set to offload its entire 100% stake in its wholly owned subsidiary Xceed IT Solutions

Fintech major Paytm is planning to set up three new subsidiaries in the UAE, Saudi…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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