Windsor Drake
Transaction · Lending · 2021

Paytm / CreditMate 2021

Paytm acquired CreditMate on October 1, 2021.

Target
CreditMate
Acquirer
Paytm
Announced
October 1, 2021
Sub-sector
Lending

Transaction overview

  • Paytm announced the acquisition of CreditMate on October 1, 2021.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Paytm expands lending capabilities by acquiring digital lending platform to bolster fintech product suite ahead of IPO.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
October 1, 2021
Acquirer
Paytm (Strategic)
Sub-sector
Lending

Frequently asked questions

When did Paytm announce the acquisition of CreditMate?

Paytm announced the acquisition of CreditMate on October 1, 2021.

What sub-sector is CreditMate in?

CreditMate is tracked in the Lending sub-sector.

Sources

Comparable transactions in Lending

Primary Event type Counterparty Value Sub-sector Date
Fundo Transaction FinVolution Lending March 16, 2026
Kiwimoney Transaction Anq Lending December 13, 2023
Stilt Transaction JG Wentworth Lending December 5, 2022
SocietyOne Transaction MoneyMe Lending December 17, 2021
AIB UK Small Business Loan Book Transaction Allica Bank Lending November 23, 2021
Going Merry Transaction Earnest Lending November 11, 2021