Paytm Cloud Technologies Ltd (PCTL), a subsidiary of fintech major Paytm, has established a wholly owned subsidiary in the United Arab Emirates (UAE). In a regulatory filing, Paytm announced that PCTL’s board has approved an investment of AED 8 million (approximately $2.1 million or INR 18.41 crore) to acquire 80,000 equity shares in the newly formed entity, Paytm Arab Payments LLC.
Download the medial app to read full posts, comements and news.