Paytm launches India’s first video-based Wealth Community3 min read
Paytm has launched the Paytm Wealth Community to revolutionize 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 from subject matter experts across an array of wealth topics like Stocks, F&O, IPO, ETFs, Mutual Funds, Gold, Fixed Income, Personal Finance etc. 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 of 30 to 60 minute duration on an interactive chat platform, conducted by experts in multiple languages like Hindi, English, Gujarati, and others. In beta, a limited set of creators have been onboarded by Paytm.
Users who have received access to the Paytm Wealth Community can check it out by scrolling down on the Paytm Money app Homepage. They can click on the ‘View All’ button to check out the community calendar which lists out the upcoming live sessions and their details. Other interested users may download or update their Paytm Money app to the latest version and follow Paytm Money on Twitter, Linkedin, Facebook or Instagram to get access to the live session join links. Users who already have access to the Paytm Wealth Community can in turn share the sessions with their friends, family or followers on various social media platforms.
To ensure the safety of retail investors all creators go through a comprehensive KYC onboarding and all content is recorded/checked. Over time, users will be able to create custom discussion rooms, set up their creator accounts, and chat in a controlled environment. The product and technology roadmap is expected to completely transform the user experience.
Paytm believes that the next 100 million capital market investors in India will originate from social groups and investment communities. The platform has been designed in a way users like to communicate – video, the language they prefer, and simple. Paytm Wealth Community will be the leader in helping users save, invest & trade better. We expect millions to consume video content like never before.
The Paytm Wealth community is owned and operated by OCL Ltd. (Paytm) and is initially being offered in beta mode on the Paytm Money platform.
Paytm Wealth Community also offers the unique opportunity for subject matter experts and experienced investors to become content creators, share their knowledge with millions of budding investors, and create a personal brand in the Indian Capital Markets. The company encourages anyone with a desire to share capital markets know-how, create a personal brand, and have a significant social impact to mail us at pwc@paytm.com for starting the registration process.
Disclaimer – This content is purely for information and investor awareness purpose only and in no way an advice or recommendation.
