JPMorgan Hires Former Paytm President Nayyar for Europe Fintech

JPMorgan Chase & Co. has hired Amit Nayyar, the former president of Indian digital payments giant Paytm, to lead its advisory work with European financial technology companies.

Nayyar is set to join JPMorgan on Dec. 20 as head of fintech and payments coverage for Europe, the Middle East and Africa, a spokesman for the bank confirmed in response to Bloomberg queries Monday.

He will be based in London and report to Matt Gehl and Xavier Bindel, co-heads of EMEA technology investment banking.

Nayyar resigned from Paytm ahead of its 183 billion-rupee ($2.4 billion) initial public offering in November, ...