Paytm To Invest €9 Mn To Expand Europe Operations
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Paytm announced on Friday that it would invest €9 Mn (around ₹99.8 Cr) in its European subsidiary, according to its filings with the stock exchanges.
The company’s board approved an investment by its wholly owned subsidiary Paytm Cloud Technologies Limited (PCTL) in its step-down subsidiary Paytm Europe Payments S.A. The investment will come in the form of subscription to 9 Mn equity shares of €1 each.
The investment will increase Paytm’s paid-up capital of Paytm Europe and support its requirements of funds for its business. The transaction will be completed by June 30, 2026.
Paytm Europe, based in Luxembourg, was incorporated on January 12, 2026, and is yet to commence business operations. PCTL owns 100% shareholding in Paytm Europe, which will remain the case after the investment as well.
Earlier this year, Paytm had tapped Nasir Zubairi to lead its European entity. Zubairi was previously the founding chief executive of Luxembourg House of Financial Technology (LHoFT), a public-private foundation aimed at incubating fintech startups across various areas like blockchain, payments, AI, etc.
Paytm has been on a push to expand internationally in countries like the UAE, Singapore and Saudi Arabia. PCTL had acquired a 25% stake in Brazil-based embedded finance startup Dinie earlier and had also announced plans to enter Indonesia as well.
Meanwhile, the listed fintech giant delivered its first-ever full year in the black in FY26, reporting ₹552 Cr in net profit on operational revenues of ₹8,437 Cr. The results were a major turnaround from FY25 when the fintech firm recorded a net loss of ₹663 Cr.
In Q4 FY26, Paytm posted a consolidated net profit of ₹183 Cr against a loss of ₹545 Cr in the year-ago period. Operating revenue for the quarter increased 18% YoY and 3% QoQ to ₹1,912 Cr.
Paytm shares closed the day down 1.3% at ₹1,098.05.
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