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Fintech Startup Seeks $1.5B From SoftBank Group

by posted 1year ago 302 views
<p>Fintech start-up Paytm, run by One97 Communications Ltd, is in talks with Japan&rsquo;s SoftBank Group Corp. to raise $1.2-1.5 billion in cash.&nbsp;A $1.5 billion fundraising from SoftBank will increase Paytm&rsquo;s valuation to $7-9 billion and will make the Japanese firm one of the largest shareholders alongside Alibaba.</p>

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