2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Paytm
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State Bank of India
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Facebook
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ICICI Bank
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Detailed explanation-1: -IPO-bound digital payments major Paytm has acquired a 100% stake in digital lending startup CreditMate for an undisclosed amount.
Detailed explanation-2: -Bengaluru : Digital payments major Paytm has acquired 100 per cent stake in digital lending startup CreditMate as the company readies to go public with its IPO in the near future.
Detailed explanation-3: -Paytm Group has become 100% beneficial owners of Mumbai-based lending startup CreditMate, the latter’s Co-founder Aditya Singh said.
Detailed explanation-4: -CreditMate addressing a large pain point for India’s lenders – Collection of bounced EMIs and Bad debt through a SaaS platform. borrowers make EMI payments using Innovative Technology, Data Intelligence and Automation.