India, June 3 -- After incorporating a subsidiary for the United Arab Emirates (UAE), Paytm today announced incorporation of Paytm Singapore.

The fintech giant's arm Paytm Cloud Technologies Limited (PCTL) incorporated a wholly owned subsidiary named Paytm Singapore Pte. Ltd ("Paytm Singapore") on June 03, 2025, it informed bourses.

The new subsidiary will push expansion and distribution of Paytm's merchant payments and financial services stack in the Southeast Asian nation.

PCTL's board of directors has approved an outlay of Singapore Dollar (SGD) 2,50,000 (INR 1.66 Cr) for acquisition of 25,000 equity shares of SGD 10 each in Paytm Singapore.

Paytm's parent entity One97 Communications Ltd said it will indirectly hold 100% of the sha...