Paytm lending business at annualised run rate of $4.8 bn, disburses 6.8 million loans between October & Nov

As the Indian digital payments and financial services leader Paytm continues to show strong growth, the company shared an exchange filing about its operating metrics for October and November.

The company’s annualised run rate for the loan distribution business is now Rs 39,000 crore ($4.8 billion.)

In the two months, Paytm has distributed 6.8 million loans (y-o-y growth of 150 per cent), aggregating to loan disbursements of Rs 6,292 Cr ($774 million, y-o-y growth of 374 per cent).