Paytm launches India’s first video-based Wealth Community
India’s first homegrown digital financial services platform Paytm announced that it has launched Paytm Wealth Community to revolutionise how Indians learn, discuss, and trade in the capital markets. Paytm Wealth Community is India’s first investing community based on video, and will enable users to attend live sessions conducted by subject matter experts across an array of wealth topics like Stocks, F&O, IPO, ETFS, Mutual Funds, Gold, Fixed Income, and Personal Finance. Users will be able to learn from experts, interact with them to clarify doubts, and also chat with other users on the platform to discuss various wealth related topics.
The way today’s youth interact, learn, or transact, has evolved rapidly. The growth of apps and social media demonstrates the influence of social interaction and peers. While across all parts of life, digital communities and groups have grown, wealth management misses a reliable, trustworthy platform.
Paytm Wealth Community fulfills this gap by launching a platform designed for the needs of the new Indian investor. The platform is very intuitive, offers live video content on an interactive chat platform, and creators are conducting 30 to 60 min sessions in multiple languages like Hindi, English, Gujarati and others. In beta, a limited set of creators have been onboarded by Paytm. To ensure the safety of retail investors all creators go through a comprehensive KYC onboarding and all content is recorded/checked FY’22.