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Jio Financial says not in talks to acquire Paytm’s wallet business

Reliance Industries spinoff Jio Financial Services said Monday evening that it is not negotiating with Paytm to acquire its wallet business, quashing “speculative” media reports as the Noida-headquartered firm scrambles to put out a fire…

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Reliance Industries spinoff Jio Financial Services said Monday evening that it is not negotiating with Paytm to acquire its wallet business, quashing “speculative” media reports as the Noida-headquartered firm scrambles to put out a fire from the central bank’s clampdown last week. The Hindu Business Line reported over the weekend that Paytm and Jio Financial […] © 2024 TechCrunch. All rights reserved. For personal use only.

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