India’s Paytm Is Raising Another $400M To Build Out Its New Payment Bank

18:02 10.02.2016
Alibaba-backed Paytm, one of the bigger e-commerce startups competing against Amazon in India, is raising money again, just months after a reported $680 million round. Sources close to the company say that Paytm is now looking to raise $400 million by June to help with the launch of Paytm’s new payments business, Paytm Payment Bank. The news comes at the same time that… Read More...
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