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Paytm Money launched stock broking feature

August 04, 2020

Paytm Money launched stock broking feature

Paytm Money, the wealth management arm of One97 Communications, has softly released a stock broking characteristic inside the app. The organization has been making plans to release a stock broking carrier for a while.

While the characteristic is presently in a closed beta stage, it’ll be rolled out for everybody in some weeks from now. It is well worth noting that the Noida based firm had acquired a nod for stock broking offerings from the Securities & Exchange Board of India or SEBI in previous year. The app is to be had for Android users only and presently helps investments made by means of Indian citizens.

With the inventory buying and selling feature, Paytm Money will compete with Zerodha, ET Money, IndMoney and India Infoline, Groww and Cube Wealth, amongst others.

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