UGRO Capital has halted new loans in its low-yield, DSA-led book, a strategic pivot aimed at boosting profitability. This move, involving s...

PhonePe’s proposed IPO at a $13–15 billion valuation could become a landmark fintech listing in India and may trigger a valuation re-rating...

Payments still power scale. But its updated draft red herring prospectus (UDRHP) shows that PhonePe’s monetisation story lies elsewhere.

Fintech giant PhonePe is preparing for its public listing. Its massive scale in UPI payments is a key strength. The company is now focused ...

SMFG India Credit has partnered with PhonePe to provide collateral-free Merchant Cash Advance loans to registered merchants, particularly t...

PhonePe, backed by Walmart, is preparing for an IPO. The company's revenue heavily depends on its payments business. Financial services con...

Sources told us that PhonePe is looking to set up local subsidiaries in these geographies, apply for a payment licence, and offer domestic ...

To begin with, the Walmart backed company will work as a distributor for personal loans, as it slowly builds up credit underwriting heft. T...

After a proposed acquisition deal with PhonePe fell through and its founders moved on, this round could be a lifeline for the pay-later sta...

After its failed ZestMoney acquisition, PhonePe is kickstarting its credit journey with merchant lending.

After its planned acquisition of ZestMoney fell through, PhonePe is focussing on merchant lending. After a pilot with some 20,000 disbursed...

Private equity, co-investors have infused $450 m in ongoing fundraise, may go up to $600m

Paytm, owned by One97 Communications Ltd, has been pushing to grow its offline acceptance network over the past few years and create its ow...

This comes amid a global reset in the BNPL sector, fuelled by interest rate hikes and an overall squeeze in consumer spending. ZestMoney ha...

Top fintech companies are, therefore, rushing to tap into this new consumer trend, with several of them offering digital solutions to small...

"Inviting you to @PaytmBank #UPI platform. It already has huge adoption and can seamlessly scale manifold to handle your business. Let's ge...

With consolidation in digi-payment space as well as the entry of new disruptors with global reach and government support, this year may mar...