SoftBank and Ant Financial Bank on Paytm

Posted on 12/01/2019


One97 Communications, the parent company of India’s popular mobile-pay startup Paytm, announced that it has garnered US$ 1 billion from Masayoshi Son’s SoftBank, Alibaba’s Ant Financial, and T. Rowe Price. Softbank is using Vision Fund money to fund the deal. The move comes as startups in the U.S. are seeing funding expectations reduced. It is […]