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Paytm Money launches stockbroking services

Shortpedia

Content Team
Image Credit: shortpedia

When traditional savings instruments are witnessing decadal lows, Paytm Money, the financial management subsidiary of Paytm, has launched stockbroking services. The feature was in beta since July 2019, during which Paytm Money saw 220,000 new users. Now, the company expects that its new service will draw at least one million new retail investors by the end of the current financial year.