India’s financial services firm Paytm raises $1B

Paytm said on Monday it has raised $1 billion in a new financing round as the Noida-headquartered firm, which once dominated the local mobile payments market, attempts to fight back giants Google, Walmart’s PhonePe, and soon-to-arrive Facebook. The company said the new financing round was led by U.S. asset manager T Rowe Price. Existing investors […]...