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Latest Articles in PhonePe
Phone Pe To Lend Consumer Personal Loans By Jan 2024: Report
PhonePe is expected to have multiple consumer (credit) products in the next six to seven months
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PhonePe Surpasses 500 Mn Registered Users, Elevates Business Heads
The company also has undergone a significant reshuffling of its top leadership team, appointing CEOs for several newly established business verticals
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PhonePe's FY23 Revenue Up by 77%
PhonePe reported adjusted earnings before interest, tax, depreciation, and amortization (Ebitda), excluding employee costs, of Rs 159 crores in profit, a notable improvement compared to the Rs 455 crores loss in FY22.
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PhonePe To Open Indus Appstore For Android Developers, Challenge Google-Apple Duopoly
Last year, PhonePe completed the acquisition of app store Indus OS’ parent OSLabs
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PhonePe, Google Pay Express Concern Over New UPI Innovation
The co-founder and CTO of PhonePe, Rahul Chari expressed reservations about the potential challenges associated with the adoption of a novel innovation within the Unified Payments Interface (UPI)
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Pay Income Tax Online With PhonePe
The feature allows taxpayers, both individuals and businesses to pay self-assessment and advance tax directly
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PhonePe Launches Health Insurance platform With Monthly Subscriptions
This will drive deep penetration with users being able to pay in monthly subscriptions with a much lower financial burden, says Hemant Gala, Vice President - Financial Services at PhonePe
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Flipkart Hands Out $700 Mn Payout To Employees
Flipkart initiated the cash payout as compensation to its employees following the separation of PhonePe
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Flipkart ESOP Holders To Receive $700mn Dividend In July For PhonePe Separation: Report
The payout for present Flipkart workers will take into account the total amount of vested and unvested granted options
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PhonePe Responds To MP Congress On Alleged Usage Of Brand Logo On Posters
The posters are in the form of QR code sheets used by fintech companies for accepting online payments. 'PhonePe' could be clearly seen written on top of those posters
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PhonePe Rolls Out Lending Service For Merchant
The news comes only months after the much-touted transaction between the fintech behemoth and buy-now-pay-later (BNPL) platform ZestMoney fell through
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Walmart Foresees Flipkart And PhonePe As $100 Bn Businesses In India
Walmart's international chief has previously highlighted the immense opportunity presented by India's population of 1.4 billion people
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PhonePe Rolls Out Account Aggregator Services
Account Aggregator service will enable consumers to securely consent to and share comprehensive financial data
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Walmart's Stake In Digital Payments Platform PhonePe Drops To 85%
Walmart also contributed USD 200 million to the fintech's current investment in March. The funds are being raised at a USD 12 billion pre-money valuation
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PhonePe Bags $100 Mn New Tranche From General Atlantic
This is in addition to the USD 350 million raised by PhonePe from General Atlantic in January, with an ongoing target to raise a total of USD 1 billion and so far the company has successfully raised USD 750 million
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