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Paytm may enter two more developed markets in 2019: CFO

Jan 24, 2019 by The Passage Team
Paytm may enter two more developed markets in 2019: CFO

Digital payments company Paytm is considering foraying into 1-2 more developed markets in 2019, chief financial officer Madhur Deora said on Wednesday at the World Economic Forum in Davos.

Paytm has already found its footing in Canada and Japan, and several commerce and financial services verticals of the company have begun to churn out revenue and profits, Deora told the Reuters Global Markets Forum.

"We have found the developed markets to be very interesting," Deora said. While the company can't commit to a definite launch in other markets, it is working on building a scalable business, he added.

Source: Money Control

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