Online payment services provider, Paytm has acquired a 100% stake in Mumbai-based digital lending startup CreditMate. However, the transaction details of the deal have not been disclosed. The Paytm Group will now be the 100% beneficial owners of the business, while the co-founders of CreditMate will exit the business.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
About the CreditMate:
CreditMate was founded in 2019 by Jonathan Bill, Ashish Doshi, Swati Lad and Aditya Singh as a collection platform that helps lenders collect overdue payments from borrowers.
Important takeaways for all competitive exams:
India has many cities known for their unique identity, and some of them are famous…
Global credit rating agency Fitch Ratings has revised India’s GDP growth forecast for FY26 to…
In a landmark shift in Pakistan’s military command structure, Field Marshal Asim Munir has been…
India’s Smart Cities Mission (SCM), launched in 2015, is entering its final stretch with an…
Welcome to the November 2025 Edition of the Affairs PDF – your all-inclusive monthly guide to…
The Reserve Bank of India (RBI) recently announced two major liquidity measures, a ₹1 trillion…