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Last year in April, when I said, "#PayTM is going to fire up", I got mocked.
And here it is:
A thread 🧵 explaining solid execution of @vijayshekhar
And here it is:
A thread 🧵 explaining solid execution of @vijayshekhar
1/5 Paytm’s Gross Merchandise Value (GMV) rose by 40% to Rs 3.62 trillion in Q4FY23 from Rs 2.59 trillion in Q4FY22.
2/5 The value of total loans disbursed jumped 253% from Rs 3,553 crore in Q4FY22 to Rs 12,554 crore in Q4FY23.
3/5 The number of loans rose 82% during the same period from 6.5 million to 11.9 million.
4/5 Paytm’s mobile application saw a 27% rise in the monthly transacting users (MTUs) in the quarter ending March 2023.
5/5 Paytm continues to strengthen its leadership in offline payments with its subscription as a service model driving subscription revenues and higher payment volumes while increasing the funnel for merchant loan distribution.
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