Paytm Completes Fincollect Acquisition, Sets Up European Payments Arm in Luxembourg

One 97 Communications Ltd (Paytm) has completed two strategic corporate actions aimed at strengthening its operational and geographic footprint. The company announced that it has successfully acquired **100% stake in Fincollect Services Private Limited**, making it a **direct wholly owned subsidiary** with effect from **January 13, 2026**. The acquisition was completed from Urja Money Private Limited, following earlier intimation to exchanges in October 2025. Fincollect Services is expected to enhance Paytm’s capabilities in collections and allied services, supporting its broader fintech ecosystem. Separately, Paytm’s subsidiary **Paytm Cloud Technologies Limited (PCTL)** has incorporated a **wholly owned subsidiary in Luxembourg** named **Paytm Europe Payments S.A.** on **January 12, 2026**. PCTL subscribed to **30,000 equity shares of €1 each**, marking Paytm’s formal entry into the European payments landscape. The move signals Paytm’s intent to explore international opportunities, particularly in digital payments and cloud-led financial infrastructure. These developments underline Paytm’s focus on **business consolidation and global expansion**, even as the company continues to recalibrate its operations post regulatory changes in India. **Disclosure:** This article is based on stock exchange filings and is for informational purposes only. It does not constitute investment advice. **Follow for more listed-company updates and market insights.**