Paytm partners Shriram Finance to boost access to credit

One97 Communications that owns the payments and financial services brand Paytm announced a partnership with Shriram Finance to offer financial services to its users including loan products Through this partnership, Shriram Finance’s products will be made available on Paytm’s platform digitally.

With this partnership, the two brands aim to augment digital financial services including distribution of credit. Powered by Paytm’s fintech leadership as a loan service provider (LSP) focussed on compliance and quality of loans, this partnership will integrate Shriram Finance wide geographical presence across the country especially rural areas.