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Juspay turns profitable, posts Rs 62 crore net profit; revenue rises to Rs 514 croreJuspay reported a net profit of Rs 62 crore in FY25, marking its first profitable year. The Bengaluru-based firm saw its net revenue rise t...- Juspay turns profitable, posts Rs 62 crore net profit; revenue rises to Rs 514 croreFintech startup Juspay achieved its first year of profitability in FY25, reporting a net profit of Rs 62 crore after a loss in the previous...
- PhonePe logs highest UPI transactions volume in June; GPay, Paytm followPhonePe’s dominance in the space is marked by the 8.55 billion transactions and a total value of Rs 11.99 lakh crore. It held 46.5% of the ...
- IPO-bound PhonePe, Google Pay maintain UPI ecosystem dominance in MayOne97 Communications-run Paytm was a distant third, while Sachin Bansal-owned Navi and Flipkart’s super.money emerged as the fourth- and fi...
- Online payment aggregators focus on anti-fraud tech to up revenuesFacing intense competition and pricing pressures in the core payments business, large payment aggregators in India, such as PayU, Razorpay ...
- PhonePe converts to public company ahead of planned IPOAs part of the transition, the firm has also changed its name from "PhonePe Private Limited" to "PhonePe Limited.” Walmart chief executive ...
- Payments industry body urges PM Modi to introduce MDR on UPI for large merchants & RuPay debit cardsThe payments industry body has requested Prime Minister Narendra Modi to implement a Merchant Discount Rate (MDR) on UPI and RuPay debit ca...
- ETtech Explainer: Why digital payments firms are shutting out third party routersIndia’s digital payments industry is split between two camps: one group of players, such as Razorpay, Cashfree, and PhonePe, which has take...
- Pani Puri vendor gets GST notice as PhonePe and UPI payments cross Rs 40 lakh in a yearPani Puri Vendor GST Notice: Indian Pani Puri vendors have received GST notices after their annual digital transactions surpassed Rs 40 lak...
- As RBI lifts curbs, Razorpay, Cashfree eye lost market shareWith both Razorpay and Cashfree back in the business, industry insiders said there could be a price war breaking out in the online merchant...
- PhonePe targets more merchant revenue from payment gateway businessAfter person-to-person and QR-code-based payments, PhonePe wants a slice of the online commerce market where its rivals are absent currentl...
- PhonePe racks up additional $200 million from Walmart in ongoing fundraiseThe round is being raised at a pre-money valuation of $12 billion, making PhonePe the most valuable fintech in the country, surpassing paym...
- PhonePe lands $100-million top-up at $12-billion valuationThe fintech startup in January had raised $350 million from General Atlantic; plans $1-billion primary fundraise.
- PhonePe raises $350 million funding from General Atlantic at $12 billion pre-money valuationWhile the primary fundraising is estimated to be $1 billion in size, a secondary share sale will take the total financing to a range of $1....
- Payment Aggregators help shape digital payments in India
- Third-party apps turn on UPI autopay modeAutopay allows users to make recurring transactions below Rs 5,000 through UPI apps. Most of these currently take place through card-based ...
- Online payment adoption rates vary across states in the countryIndustry executives say that campaigns in states like Telangana and Andhra as well as sizable populations in small towns across UP and Biha...
- How online payments became simple with one piece of techUPI’s simplicity has dramatically reduced costs, which has given startups a more level playing field.
- Visa may invest in BillDesk, valuing co at $1.5-2 billionFor Visa, an investment in BillDesk would help the American firm cement its position in the payments ecosystem in India.
- Startups look for heads-'UP'IDigital payment cos which have integrated with UPI are now looking to differentiate offerings.
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