PhonePe


PhonePe Links 2 Lakh Rupay Credit Cards To UPI, Says It Is First To Do It

Banking - Published date: .

Enables Rupay card acceptance across 12 million merchant outlets in the country Read more

PhonePe Raises Another $100 Mn From General Atlantic As Part Of $1 Bn Plan

Banking - Published date: .

The company has raised a total of $850 million from several global investors, including $550 million from General Atlant... Read more

Flipkart's Double-digit Growth Helps Walmart Sales Jump 13% At $26.8 Bn

Banking - Published date: .

Walmart-owned fintech firm PhonePe saw its annualised total payments volume cross $1 trillion in Q1 Read more

ZestMoney Sets Up New Leadership Team, A Day After Founders Resign

Banking - Published date: .

ZestMoney's founders have resigned, several weeks after fintech giant PhonePe decided to halt its proposed acquisition o... Read more

Zomato Begins Its Own UPI Offering, Flipkart Expected To Follow Soon

Banking - Published date: .

The report citing sources added that e-commerce platform Flipkart is also hopping on the bandwagon and has started its w... Read more

Magicpin Records Multi-fold Growth In Daily Orders On ONDC In 5 Weeks

Banking - Published date: .

Hyperlocal startup magicpin on Friday said has recorded 200-fold growth in daily orders to 20,000 per day within the fir... Read more

Startups Flipping To India Gain Pace In Fintech, Other Segments

World - Published date: .

Flipkart-backed PhonePe last year decided to domicile in India after paying a billion dollars in tax, and several others... Read more

PhonePe Plans To Take On Google Play Store; To Launch An App Store

Banking - Published date: .

PhonePe also clarified that it would not like to put an exact timeline on it. The current focus is to build an app store Read more

ZestMoney Set To Lay Off Around 100 Employees After Acquisition Deal With PhonePe Falls Through

World - Published date: .

Bengaluru-based ZestMoney has announced plans to lay off around 100 of its employees, or roughly 20% of its workforce, a... Read more

Walmart-owned PhonePe Calls Off Deal To Acquire Fintech Startup ZestMoney

Banking - Published date: .

Lapses in due diligence, valuation disagreements, funding winter, tough regulatory environment, fintech slowdown being c... Read more

PhonePe Raises Rs 1,649 Crore In Additional Funding From Walmart

Banking - Published date: .

PhonePe, one of India's largest fintech platforms, on Friday said it has raised an additional USD 200 million (around Rs... Read more

PhonePe Raises $200 Million In Additional Funding From Walmart

World - Published date: .

This new funding comes as a part of PhonePe’s ongoing fundraise of up to $1 billion in capital, following its domicile... Read more

Top Headlines: India-Australia Trade Pact, SVB Collapse, And More

Banking - Published date: .

Business Standard brings you the latest headlines at this hour Read more

PhonePe Gets Payment Aggregator Licence, Reaches $1 Trn Annualised Payment Value Run Rate

World - Published date: .

The fintech firm claims to have digitised more than 35 million offline merchants spread across tier 2, 3, 4 cities and b... Read more

PhonePe Reaches $1 Trn Annualised Payment Value Run Rate, Gets Licence

Banking - Published date: .

Digital payments platform PhonePe has achieved an annualised total payment value run rate of USD 1 trillion, or Rs 84 la... Read more

Flipkart Co-founder Binny Bansal Planning To Invest $100-150 Mn In PhonePe

Banking - Published date: .

PhonePe has a formidable market presence in the Indian digital payments space. The app leverages the Unified Payments In... Read more

India Likely To Be Largest Market In The World This Year: Walmart CFO

Banking - Published date: .

John David Rainey, CFO Walmart, said during an investor conference that Walmart-owned Flipkart and PhonePe have exciting... Read more

PhonePe Raises $100 Mn In Additional Funding At $12 Bn Valuation

Banking - Published date: .

This follows $350 million in capital from General Atlantic as a part of an ongoing fundraise with a target of raising up... Read more

PhonePe Launches Cross-border UPI Payments Service, Says It's India's First

Banking - Published date: .

Users can activate UPI-linked bank account for the international service at the merchant location, or before that Read more

PhonePe Raises $350 Mn From General Atlantic; Now Bigger Than Swiggy, Paytm

Banking - Published date: .

Joins decacorn club as most-valued fintech after topping $12-billion valuation in new funding Read more