Paytm Money Gets SEBI Approval to Operate as Investment Adviser and Research Analyst

Paytm Money, a wholly-owned subsidiary of One 97 Communications Limited, has obtained a certificate of registration from the Securities and Exchange Board of India (SEBI). This approval allows the company to function as a registered investment adviser and research analyst, further strengthening its financial services portfolio.

According to a recent exchange filing, Paytm Money will integrate these new services into its platform, empowering investors with research-backed insights and advisory solutions.

What This Means for Paytm Money Users

The Securities and Exchange Board of India (SEBI) registration under the Research Analysts Regulations, 2014, grants Paytm Money the authority to provide in-depth investment research and financial advisory services. As a result, users can soon expect new features on the Paytm Money app, including:

• Expert Investment Insights – Comprehensive market research and data-driven investment recommendations.

• Research Reports – Access to high-quality financial reports analyzing market trends and stock performance.

• Data-Driven Analysis – AI-powered analytics to support informed investment decisions.

A spokesperson for One 97 Communications stated, "With this registration, Paytm Money Limited can offer SEBI-compliant research services, including investment insights, research reports, and data-driven analysis," emphasizing the company’s commitment to transparency and accessibility in investment services.

Aligning with Paytm Money’s Growth Strategy

This approval aligns with Paytm Money’s long-term vision to expand its financial services portfolio. The company aims to cater to both retail and institutional investors by offering expert-backed investment insights.

"This milestone aligns with Paytm Money’s objective to expand its offerings in the investment ecosystem, enhance user experience, and provide expert-backed insights to both retail and institutional investors," the company stated in its filing.

Paytm Money’s Recent Innovations in Trading

In addition to securing SEBI registration, Paytm Money recently launched UPI Trading Blocks, also known as Single Block Multiple Debits (SBMD). This feature streamlines payments in equity trading by enabling automatic fund deductions directly from users’ bank accounts.

Understanding SEBI’s Research Analyst Regulations

Under SEBI’s Research Analysts Regulations, 2014, a research analyst is an individual or entity responsible for:

• Preparing and publishing investment research reports

• Making investment recommendations

• Setting stock price targets

• Offering expert opinions on public offers

Registered intermediaries engaged in merchant banking, investment banking, brokerage, or underwriting fall under these regulations, unless specifically exempted.

Requirements for SEBI Registration

To operate as a research analyst, entities must meet specific criteria:

• Individual Analysts & Partnerships – Minimum net worth of ₹1 lakh

• Corporates & LLPs – Minimum net worth of ₹25 lakh

• Certification – Analysts must obtain certification from the National Institute of Securities Markets (NISM) or another SEBI-recognized body.

• Compliance – Companies must appoint a compliance officer and adhere to SEBI’s trading, compensation, and disclosure norms.

Implications for the Financial Advisory Sector

With Paytm Money entering the SEBI-registered investment advisory space, the landscape of financial technology (fintech) and wealth management in India is set to become more competitive. The move reflects an increasing demand for transparent, research-driven investment solutions and positions Paytm Money as a key player in India’s growing fintech sector.

Conclusion

Paytm Money's latest achievement marks a significant step forward in India’s fintech and investment advisory sector. By obtaining SEBI registration as an investment adviser and research analyst, the company is now equipped to provide high-quality financial insights and research-backed recommendations to a broad consumer base.

The integration of these services into the Paytm Money app will make investment decision-making more informed and accessible, benefiting both retail and institutional investors.

Furthermore, with the introduction of UPI Trading Blocks, Paytm Money is addressing the need for secure and efficient trading transactions. As India’s investment ecosystem continues to evolve, fintech platforms like Paytm Money are playing a crucial role in democratizing access to financial advisory and research services.

This strategic move positions Paytm Money among top financial service providers, further reinforcing its reputation as a trusted and innovative fintech platform in India. With SEBI compliance now in place, investors can look forward to a more transparent, reliable, and expert-backed investment experience.