Paytm Money, the online platform for mutual fund investments that
recently forayed into equity broking, aims to be India‘s top wealth
manager as the owner of the nation’s largest e-wallet expands its
financial services footprint.To get more news about WikiFX, you can visit wikifx official website.
“As we progress in this journey of becoming the preferred platform for
users to save and invest, our goal is to provide a simple platform for
users to do so,” Varun Sridhar, chief executive officer at digital
investment unit of One97 Communications Pvt., told BloombergQuint in an
interview. “With a few clicks you are able to save and make your money
work harder.”
Paytm Money, which has 200-300 million customers doing 20-30 million
transactions daily, aims to capitalise on its existing user base. “We
see about 80%-odd users who are, what Id call, important or very loyal
Paytm users, and about 20% come from outside the system.”
