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PayTm partners with Clix Finance to offer digital short-term loans

PayTm partners with Clix Finance to offer digital short-term loans. Clix Capital is a Gurgaon-based SME lending platform. The partnership will help PayTm start its Peer to Peer lending business. The initiative is targeting SMEs that find it hard to get loan from regular banks. PayTm provides short-term loans through NBFCs like Tata Capital and Indifi.

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