Despite recent uncertainty, Indian FinTech Paytm is set to hire huge volumes of people.
In Brief:
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It has 1000 positions available within the next 2-3 months.
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This is not including 50 planned senior-level hires across technology and business.
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Paytm says it’s seen a 122% increase in offline merchant transactions and a 50% increase in P2P transactions amid the pandemic.
What does this mean?
Covid-19 has led to a significant decrease in cash transactions, meaning surges in use for solutions like Paytm. The FinTech unicorn says it wants to launch technology and better serve the Indian population during the crisis and beyond.
