Paytm beats PhonePe and Google Pay to become India's highest revenue earner in mobile payments and financial services
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Indian fintech giant Paytm on Wednesday reported its financial performance for FY23, where its revenues swelled to Rs 7,991 crore for the fiscal year. Just inches away from a billion dollars, Paytm's revenue puts it the leading spot in the Indian fintech space and miles ahead of the likes of PhonePe or GooglePay. While PhonePe and Google Pay are focused on UPI P2P, Paytm has taken the cake with its diversification of business.