Paytm Cloud sets up new UAE subsidiary with $2.1M capital infusion

Paytm Expands to UAE with New Subsidiary, Eyes Global Growth in Fintech Services

Paytm Cloud Technologies Ltd (PCTL), a subsidiary of the fintech behemoth Paytm, has established a wholly owned subsidiary, Paytm Arab Payments LLC, in the United Arab Emirates, marking a significant step in the company’s global expansion strategy. To purchase 80,000 equity shares in the new company, PCTL has committed AED 8 million, or roughly $2.1 million or INR 18.41 crore, according to a recent stock exchange filing.

By leading the region’s distribution of Paytm’s merchant payments and financial services stack, the UAE unit will advance the company’s goal of forging a significant global footprint. The admission process was made simpler by the notable fact that no regulatory permits were needed for incorporation.

This move follows Paytm’s earlier announcement in January 2025 regarding plans to set up subsidiaries in the UAE, Saudi Arabia, and Singapore. Leveraging its tech-powered payment infrastructure in foreign markets through strategic alliances, acquisitions, and licensing opportunities is the overarching goal.

After Paytm Payments Bank was subjected to regulatory actions, Paytm refocused on its core payments business, which is in line with the international venture. During this transition, the business has been improving its product line to appeal to both domestic and foreign consumers. One example is the soundbox that has been updated with a built-in digital display for real-time payment alerts.

In parallel, Paytm Money, the company’s investment tech platform, recently received SEBI’s nod to operate as a research analyst, potentially unlocking new revenue avenues in wealth management.

To increase its presence in digital financial services, Paytm is also aggressively seeking a payment aggregator license through its payments division, PPSL.

In terms of finances, the company improved by 6% from the previous year, reducing its net loss to INR 208.5 crore in Q3 FY25. However, to INR 1,827.8 crore, operating revenue fell 36% year over year. Reiterating that Paytm is on pace to report earnings in Q1 of FY26, CEO Vijay Shekhar Sharma is still upbeat.

The most recent move demonstrates Paytm’s dedication to expanding internationally, varying its sources of income, and maintaining steady growth in the rapidly changing fintech sector.