Paytm partners with Shriram Finance Limited, strengthens its loan distribution business to drive credit inclusion
Chennai, June 30, 2023.
One97 Communications Limited (OCL) that owns the brand Paytm, India’s leading payments and financial services company and the pioneer of QR and mobile payments, today announced a partnership with the largest retail NBFC in India, Shriram Finance Limited to offer financial services to its users including loan products. Through this partnership, Shriram Finance’s products will be made available on Paytm’s platform digitally to further expand access to credit and drive financial inclusion in the country..
With this partnership, the two brands are coming together to augment digital financial services including distribution of credit. Paytm has redefined the traditional brick and mortar model of loans distribution with digital-first credit distribution, ensuring la...
