PhonePe

PhonePe Private Limited, d/b/a PhonePe is an Indian e-commerce payment system and digital wallet company headquartered in Bangalore, India. It was founded in December 2015, by Sameer Nigam and Rahul Chari. PhonePe app went live in August 2016 and was the first payment app built on Unified Payments Interface.

Source: phonepe.com

PhonePe Enables Cross-Border UPI Payments in Select Countries
PhonePe Enables Cross-Border UPI Payments in Select Countries
February 07, 2023  |  Cross-border Payments

PhonePe is now enabling cross-border Unified Payments Interface (UPI) payments in select countries. With this support for UPI international payments, PhonePe’s Indian users can pay...

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India’s PhonePe Officially Separates From Flipkart
India’s PhonePe Officially Separates From Flipkart
December 23, 2022  |  Retail

India-based eCommerce platform Flipkart has parted ways with the digital payments platform PhonePe. The companies announced the severing of their ownership in a Friday (Dec....

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Walmart-Owned Payments Firm PhonePe Looks to Raise $1B
Walmart-Owned Payments Firm PhonePe Looks to Raise $1B
December 08, 2022  |  Investments

PhonePe reportedly hopes to raise $1 billion as it tries to become a super app. The payments company — owned by the eCommerce firm Flipkart,...

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Report: PhonePe Considering New Funding Round to Build Super App
Report: PhonePe Considering New Funding Round to Build Super App
October 21, 2022  |  Investments

India-based FinTech PhonePe is reportedly in talks to start a new funding round to further its aim of building a financial services super app. The...

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Amazon and Walmart Take Last Mile Logistics Battle from Main Street to Mumbai
Amazon and Walmart Take Last Mile Logistics Battle from Main Street to Mumbai
August 17, 2022  |  Retail

In the eCommerce war between Amazon and Walmart, global in scope, India looms as a key battleground — especially for the last mile which ultimately...

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Today in FinTech: Airtel Africa’s SmartCash Launches; OPay, Mastercard Team for Financial Inclusion
Today in FinTech: Airtel Africa’s SmartCash Launches; OPay, Mastercard Team for Financial Inclusion
May 19, 2022  |  Technology

In today’s FinTech news, SmartCash Payment Service Bank, a unit of Airtel Africa, brings digital financial services to Nigeria, while OPay and Mastercard partner to...

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Walmart’s PhonePe Steps up Competition With WealthDesk, OpenQ Buys
Walmart’s PhonePe Steps up Competition With WealthDesk, OpenQ Buys
May 19, 2022  |  Acquisitions

PhonePe is stepping up the competition in India and trying to further take on Google and Amazon with the acquisition of wealth management firms WealthDesk...

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Edelweiss General Insurance, PhonePe Partner on Digital Motor Insurance 
Edelweiss General Insurance, PhonePe Partner on Digital Motor Insurance 
December 22, 2021  |  Partnerships

Indian InsurTech Edelweiss General Insurance (EGI) recently partnered with digital payments platform PhonePe to offer digital motor insurance products.  PhonePe customers can now buy EGI’s...

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Today In Payments: Crypto Takes $260 Billion Dive; Square Unveils New Inventory Management Features For Retailers
Today In Payments: Crypto Takes $260 Billion Dive; Square Unveils New Inventory Management Features For...
April 23, 2021  |  News

In today’s top news, bitcoin fell below $50,000 for the first time in weeks, and Square launched new inventory management tools for retailers. Plus, Vivid...

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