The new facility will focus on driving product innovation, particularly for stocks, mutual funds and digital gold, according to a statement Thursday
PTI | April 1, 2021 | Updated 19:41 IST
Paytm Money has established a technology development and innovation center in Pune and plans to hire over 250 engineers and data scientists at the facility. The new facility will focus on driving product innovation, particularly for stocks, mutual funds and digital gold, according to a statement Thursday.
“We are very excited to open our research and development center in Pune and look forward to developing new wealth management products and disruptions in Pune. We continue our vision of using technology to reduce costs for our consumers and create a sound one.” to provide innovative and stable platform, “said Paytm Varun Sridhar, Chief Executive Officer of Money. “We believe Pune is poised to become a fintech innovation hub and was a natural choice for Paytm Money’s expansion plans.”
The company has launched a range of new products and services designed to empower both seasoned investors and new users. The goal is to have over 10 million users and 75 million annual transactions with the majority of users from small towns in fiscal year 21. In order to raise awareness of affluent products in the country, it is planned to educate over a million users about various services through educational initiatives.
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