Going desi in the global age: PhonePe's strategy to expand as an India-centric startupPhonePe, backed by Walmart, focuses on made-in-India products. It launched Indus Appstore and Pincode to compete with Google, Apple, Flipka...
21 Oct, 2024, 03.48 PM IST
PhonePe crosses 500 million registered users, alters top deckThe digital payments major has elevated a bunch of its business heads to the position of CEO for each of the business verticals
07 Nov, 2023, 09.06 PM IST
PhonePe goes live with UPI LitePayments major PhonePe announced on Wednesday that it has gone live with the UPI Lite feature on its app, allowing users to initiate low-va...
03 May, 2023, 12.44 PM IST
In no hurry to launch IPO, will go public when it makes sense: PhonePe CEOThe company has just "scratched the surface" when it comes to financial services and is excited about the prospects in multiple verticals l...
03 Sep, 2021, 12.25 AM IST
PhonePe deepens foray into India’s retail insurance sectorLast year, the Bengaluru-based fintech startup had entered the insurtech sector with an insurance corporate agent licence, which allowed th...
30 Aug, 2021, 01.26 PM IST
PhonePe is planning to enter the stockbroking businessPhonePe is is awaiting a stockbroking licence from SEBI to join fintech peers Zerodha, Upstox and Paytm in the battle for market share in t...
15 Apr, 2021, 01.21 PM IST
PhonePe secures Rs 150 crore from majority stakeholder FlipkartPhonePe currently has over 250 million registered users, making it one of the most used digital payment apps in India amid an increasingly ...
15 Dec, 2020, 05.15 AM IST
Walmart puts $700 million into hived-off PhonePeThe retail giant takes its stake to 10% as Flipkart spins off its payment arm at $5.5 billion post-money valuation.
04 Dec, 2020, 09.00 AM IST
Online payment firms find their golden goose in festive salesSales take off as startups promote digital gold as an easy investment option
13 May, 2019, 08.25 AM IST
State-owned fuel pumps to top up digital payments companiesCompanies like Paytm and Mobikwik are trying to bring in technology innovations in this space to ensure fast yet reliable digital payments ...
19 Feb, 2018, 08.19 AM IST
Now, PhonePe joins hands with SafeGold for digital gold productAs the battle in the digital payments space heats up, cos are not restricting themselves to cash-back incentives, but are also making other...
13 Dec, 2017, 12.33 AM IST
PhonePe eyes offline market with low-cost PoS devicesThe handheld device, which doubles up as a calculator, will elevate PhonePe's current offline daily transactions of around 10,000 to one mi...
01 Nov, 2017, 08.02 AM IST
PhonePe claims 45% share of August UPI transfers, overtakes BHIM appFlipkart-owned PhonePe reportedly more than doubled the number of UPI transactions to 7.47 million in August from 3.5 million in May.
13 Sep, 2017, 10.17 AM IST
ICICI Bank blocks payments for its customers on Flipkart’s wallet PhonePeICICI Bank cites restrictive practices and security concerns as reasons for blocking payments for its customers on Flipkart’s wallet and pa...
17 Jan, 2017, 08.54 AM IST
Flipkart wants to load PhonePe in 12 million mobilesInitially, PhonePe will offer fund transfer, bill-splitting, mobile recharge and utility bill payment services.
30 Aug, 2016, 08.23 AM IST
Flipkart to invest Rs 670 crore to build payments businessTo be spearheaded by PhonePe, the payments startup which was acquired by Flipkart in April this year, the product is expected to be ready f...
21 Jul, 2016, 04.34 AM IST
Flipkart acquires former executive's startup PhonePe for payments pushPhonePe will function as an independent business unit. The details of the transaction were not disclosed, but the deal is not cash transact...
04 Apr, 2016, 05.28 PM IST