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Last Updated : Sep 18, 2019 08:29 PM IST | Source: Moneycontrol.com

Paytm Money: Minting the future of wealth management

Pravin Jadhav, MD & CEO, Paytm Money, talks about how technology is driving business growth for his company

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Paytm Money is a technology company doing finance, rather than a finance company doing technology, says Pravin Jadhav, who was recently elevated as manging director and chief executive officer of Paytm Money, the wholly-owned subsidiary of One97 Communications that operates Paytm.

In this video, Jadhav talks about how the Paytm Money platform was built with a completely unconventional approach to technology. “While building the app, we focused on simplicity and we took out all the biases that anyone will have while building a product,” he adds.

Paytm Money today does around 5000 new SIP registrations per day and contributes to about 40% of all Mutual Fund SIP registrations made via direct mode. Going forward, the company plans to aggressively ramp up its mutual funds business.

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First Published on Sep 18, 2019 08:29 pm
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