Now, Paytm Money facilitates investments in IPOs

India’s homegrown digital financial services platform Paytm on Monday announced that its wholly owned subsidiary Paytm Money now facilitates investments in initial public offerings (IPOs) in India. This launch will benefit retail investors with wealth creation opportunities, as they will be able to seamlessly apply and join the growth story of rapidly-expanding companies.

The company has made the process of IPO application completely digital and simple for retail investors. It will continue to innovate and add new tech-savvy features for enhanced user experience.

Paytm Money has enabled investors to instantly apply for all the latest IPOs via UPI ID, linked to their bank accounts, to quickly complete the application process. The company is leveraging the convenience of UPI infrastructure to offer a faster turnaround time reduced to 3-4 days for completion of the entire process.