Funding · Financial Services

Paytm invests €9M in European subsidiary

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Paytm offers UPI payments, mobile recharge, bill payments, FASTag, insurance, flight booking, credit cards, and business payment solutions

Paytm is investing €9M (≈₹99.9Cr) in its Luxembourg-based subsidiary Paytm Europe Payments S.A. via equity shares at €1 each

The subsidiary was incorporated in January 2026 and has not yet started operations; Nasir Zubairi will lead European operations

Paytm is investing €9M (≈₹99.9Cr) in its European subsidiary Paytm Europe Payments S.A.
The investment is through subscription of 9 million equity shares at €1 each (≈₹111 per share).
The board of Paytm Cloud Technologies Limited (PCTL), a wholly owned subsidiary of One 97 Communications, approved the investment.
The funds will be injected into the Luxembourg-based Paytm Europe Payments S.A.
The transaction is expected to complete by 30 June 2026.
Paytm Europe was incorporated on 12 January 2026 and has not yet commenced operations.
PCTL owns 100% of Paytm Europe's share capital, and ownership remains unchanged after the investment.
The transaction is described as at arm's length.

Paytm is accelerating overseas expansion into UAE, Singapore, and Saudi Arabia.
Earlier, Paytm acquired a 25% stake in Brazilian embedded finance startup Dinie.
In April 2026, Paytm incorporated PT Paytm Indonesia Teknologi as a wholly owned step-down subsidiary in Indonesia.
Paytm reported a FY26 net profit of ₹552Cr on operating revenue of ₹8,437Cr, compared to a net loss of ₹663Cr in FY25.

Paytm offers UPI payments, mobile recharge, bill payments, FASTag, DTH, insurance, and flight booking.
It provides credit cards and a margin trading facility (MTF) at 7.99% p.a.
Paytm offers business payment solutions including QR codes, Soundbox, and Card Machine.
The company operates primarily in India and is expanding into Europe, UAE, Singapore, Saudi Arabia, and Indonesia.
Paytm generates revenue from payment processing fees, subscription services, and financial products.

Paytm Europe is expected to support payment services and related activities in Europe.
Nasir Zubairi will lead European operations after leaving LHoFT in summer 2026.
The transaction is expected to complete by 30 June 2026.