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Question

Which company has Paytm partnered with to offer lending products to its merchant partners and consumers?
  • Reliance Jio
  • Tata Capital
  • Fullerton India
  • None of the above
Answer- C
1)Fullerton India and One97 Communications Limited, which owns the brand Paytm, have announced a partnership to provide lending products to merchant partners and consumers. With the partnership, the two established institutions will leverage data-driven insights and wide reach to bring credit to new-to-credit users.

2)They aim to co-create innovative merchant loan products using customer payment behaviour and Fullerton's years of experience of understanding of this segment.