Paytm’s Parent One 97 Communications Completes Fincollect Acquisition, Launches Luxembourg Subsidiary

One 97 Communications Limited has announced two key corporate milestones on January 13, 2026. The company has completed the acquisition of 100% stake in Fincollect Services Private Limited from Urja Money Private Limited, integrating it as a direct wholly owned subsidiary. This move strengthens Paytm’s digital lending and collections infrastructure, enhancing its financial services ecosystem. Simultaneously, its subsidiary Paytm Cloud Technologies Limited (PCTL) has incorporated Paytm Europe Payments S.A. in Luxembourg on January 12, 2026. The new entity, with an authorized share capital of 30,000 equity shares at €1 each, marks Paytm’s strategic entry into the European market, supporting future fintech expansion and cross-border payment solutions. Both developments were disclosed under SEBI LODR Regulation 30, underscoring One 97’s dual strategy of domestic consolidation and global footprint expansion. These moves position Paytm to strengthen its fintech offerings while laying the foundation for international growth.