Paytm expects F&O, equity trading to drive revenue growth, says COO

Paytm’s parent company One97 Communications expects wealth management through futures and options (F&O) and equity trading to become a big part of financial services distribution revenue in the next 12-18 months, its president and chief operating officer Bhavesh Gupta told analysts on Saturday.

He said with Paytm now focusing on high-ticket loans, the loss in revenue from curtailing small-ticket Postpaid loans on the platform will be offset in the next two quarters.