Paytm Payments Bank

OverviewSuggest Edit

Paytm Payments Bank is a company operating a mobile Internet-based wallet. It provides zero digital transaction charge accounts. The Company allows users to send money to any bank account from your Paytm Payment Bank Wallet. 

TypePrivate
Founded2017
HQNew Delhi, IN
Websitepaytmbank.com

Latest Updates

Employees (est.) (Jun 2021)2,993(+2%)
Cybersecurity ratingAMore

Key People/Management at Paytm Payments Bank

Ashit Ranjit Lilani

Ashit Ranjit Lilani

Independent Director
G S Sundararajan

G S Sundararajan

Independent Director
Vaibhav Goel

Vaibhav Goel

Independent Director
Sairee Chahal

Sairee Chahal

Independent Director
Satish Kumar Gupta

Satish Kumar Gupta

CEO & Managing Director
Abhishek Arun

Abhishek Arun

Chief Operating Officer
Show more

Paytm Payments Bank Office Locations

Paytm Payments Bank has offices in New Delhi and Noida
New Delhi, IN (HQ)
136 Devika Tower Lala Lajpat Rai Rd
Noida, IN
Sector 125
Show all (2)

Paytm Payments Bank Financials and Metrics

Summary Metrics

Founding Date

2017

Paytm Payments Bank total Funding

$28.1 m

Paytm Payments Bank latest funding size

$18.81 m

Time since last funding

4 years ago

Paytm Payments Bank investors

Paytm Payments Bank's latest funding round in November 2017 was reported to be $18.8 m. In total, Paytm Payments Bank has raised $28.1 m
Show all financial metrics

Paytm Payments Bank Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

SecurityScorecard logo

Paytm Payments Bank Online and Social Media Presence

Embed Graph

Paytm Payments Bank News and Updates

Paytm Payments Bank continues to make major strides on UPI platform

Paytm Payments Bank emerged as the top beneficiary bank for UPI transactions for the period between February and April this year.

Paytm Payments Bank achieves over 430M beneficiary transactions in April 2021

According to NPCI, Paytm Payments Bank has registered 430.04 million transactions in April 2021 as a beneficiary bank.

Paytm Payments Bank hits 970M digital transactions in March

Noida-based fintech startup Paytm Payments Bank's banking service counts over 64 million bank accounts, with deposits crossing Rs 3,200 crore.

SBI, Paytm Payments Bank, and PhonePe lead UPI transactions in February

Paytm Payments Bank led the UPI beneficiary category with 389.24 million transactions, which means money was received by the account holders through the UPI platform.

Paytm Payments Bank enables banking services through Aadhaar Cards

AePS allows online interoperable financial inclusion transaction at PoS (Micro ATM) through the business correspondent of any bank using Aadhaar.

Paytm Payments Bank introduces video KYC facility

With this, Paytm customers can now get their full KYC completed anytime between 9 am and 8 pm, from anywhere through a video call.
Show more

Paytm Payments Bank Blogs

Know Everything About The New & Powerful Physical VISA Debit Card

Paytm Payments Bank is a modern-age bank that understands the busy lifestyle of millennials and is simplifying banking for them since its establishment. Last year after successfully providing VISA Virtual Debit Cards to more than 4.5 million customers, we realized it’s finally time to upgrade our us…

India’s UPI transactions happen on Paytm Payments Bank, which is the top source and destination for most payments

We at Paytm Payments Bank are revolutionizing the Indian digital banking space which has grown leaps and bounds over the last four years. Today, we facilitate users with new-age internet banking on their smartphones, offering current and savings accounts, fixed deposits with partnered banks, net-ban…

We have been recognized as The Best Digital Service Payments Bank

We are proud to announce that we have won a prestigious award recently. The award ceremony was hosted by the ASSOCHAM National E-Summit to reward models of inclusive growth. In accordance with this, the mission of Paytm Payments Bank has always been financial inclusion. We have been declared WINNER …

Paytm Payments Bank Loves ‘Earth’

Paytm Payments Bank since day one, is making a huge contribution to the environment by eliminating paper consumption. And, it is making a difference. Amidst this global pandemic, “22nd April, Earth Day” is a reminder for all of us to make small or big efforts. We need to save our planet because, “Th…

Women Entrepreneurs! Know These 7 Government Schemes and More

There is absolutely no limit to what we, as women, can accomplish. And, women entrepreneurs of our country have left no stone unturned to prove their capabilities. Top Indian Women Entrepreneurs like Falguni Nayar– Founder of Nykaa, Ritu Kumar– The famous fashion designer, Divya Gokulnath– Co-founde…

SEBI approves @Paytm UPI handle; we now enable seamless applications for IPO

We are pleased to announce that our @Paytm UPI handle has received approval from the Securities and Exchange Board of India (SEBI) to enable fast and seamless payment mandates for IPO application. This move benefits millions of users to invest in capital markets through various brokerage platforms u…
Show more

Paytm Payments Bank Frequently Asked Questions

  • When was Paytm Payments Bank founded?

    Paytm Payments Bank was founded in 2017.

  • Who are Paytm Payments Bank key executives?

    Paytm Payments Bank's key executives are Ashit Ranjit Lilani, G S Sundararajan and Vaibhav Goel.

  • How many employees does Paytm Payments Bank have?

    Paytm Payments Bank has 2,993 employees.

  • Who are Paytm Payments Bank competitors?

    Competitors of Paytm Payments Bank include Happay, True Balance and MBNA.

  • Where is Paytm Payments Bank headquarters?

    Paytm Payments Bank headquarters is located at 136 Devika Tower Lala Lajpat Rai Rd, New Delhi.

  • Where are Paytm Payments Bank offices?

    Paytm Payments Bank has offices in New Delhi and Noida.

  • How many offices does Paytm Payments Bank have?

    Paytm Payments Bank has 2 offices.