BI Intelligence This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here. Paytm, India’s most popular mobile wallet company, is continuing its push into the financial services sector, according to The Economic Times. The firm is seeking out a license to set up a money market fund, and it's planning to go live on India’s Unified Payment Interface (UPI). Paytm recently became the second nonbank to leverage India's payment bank initiative, which works to give more consumers access to mainstream financial services.