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Paytm to shut Toronto-rooted Canadian B2C app Operations

Shortpedia

Content Team
Image Credit: shortpedia

Paytm will be closing down its B2C app in Canada on 14 March, this year. As per the fintech giant, the initiative is to focus more on its India business opportunity, sloughing off the B2C app operation. In 2015, it took its technology bank to Toronto in Canada and began operations in the city while also setting up Paytm Labs aiming to build better data-centric products