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.

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

Sources