PAYTM: All-in-One Wealth Platform
8 March 2022
Jean Sullivan
Model Wealth Manager Award for Products
Abstract
Paytm won the model wealth manager award under the category of products and platforms. Paytm Money built a comprehensive offering with mutual funds, a pension offering, stockbroking services, pre-open IPO investing, ETFs, and derivatives trading, as well as a wealth community Masterclass, on one platform. This was developed entirely internally, without the consultation of third party providers. Paytm Money is built on the Amazon Web Services (AWS) cloud platform, enabling greater speed and efficiency when it comes to testing and deploying updates. The platform has been able to garner 7.8 million users across India in just three short years