Paytm To Set Up Subsidiaries In UAE, Saudi Arabia, Singapore

Paytm’s subsidiary Paytm Cloud Technologies has received the board’s nod to set up three new subsidiaries in the UAE, Saudi Arabia and Singapore

The move comes as the fintech major looks to expand and monetise its tech-enabled payments and financial services in international markets

Another Paytm subsidiary, Mobiquest Mobile Technologies is set to offload its entire 100% stake in its wholly owned subsidiary Xceed IT Solutions

Fintech major Paytm is planning to set up three new subsidiaries in the UAE, Saudi…