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.
Strategic rationale
Paytm expands lending capabilities by acquiring digital lending platform to bolster fintech product suite ahead of IPO.
Deal terms & multiples
Sources
- economictimes.indiatimes.com /tech/newsletters/tech-top-5/exclusive-pharmeasys-new-backers-facebook-whistleblower-revealed/articleshow/86757776.cms