India Digest: Paytm gets brokerage licence; Oppo enters fintech space

India Digest: Paytm gets brokerage licence; Oppo enters fintech space

FILE PHOTO: A worker adjusts a hoarding of Paytm, a digital payments firm, in Ahmedabad, India, January 31, 2019. REUTERS/Amit Dave

Paytm Insurance Broking, a subsidiary of digital payments major Paytm, has secured a brokerage licence from the Insurance Regulatory and Authority of India (IRDAI). Separately, Oppo has forayed into the country’s financial services space with the launch of Oppo Kash.