PhonePe Becomes First Indian Fintech to Allow UPI Payments Overseas
PhonePe, which has the largest market share by UPI transactions, now supports international payments, and Indians travelling abroad can pay foreign merchants through UPI. It...
Tag : PhonePe
PhonePe Raises $350 Million From General Atlantic at $12 Billion valuation
Walmart-owned fintech PhonePe raised $350 million in funding from General Atlantic at a pre-money valuation of $12 billion. The investment marks the first of a...
Flipkart Internet Gets $90 Million in Funding from Singapore Parent
Flipkart Internet, the marketplace arm of e-commerce firm Flipkart, has secured a fresh capital injection of around $90 million from its two Singapore-based entities, Flipkart...
Paytm Shares Jump After Strong Management Comments on Growth, Earnings
Shares of Paytm operator One 97 Communications edged higher on December 2 after the company expressed optimism about its growth prospects and reiterated its guidance...
Flipkart to Conduct $700 Million ESOP Buyback Amid PhonePe Funding Round
Flipkart may conduct $700 million in employee share buybacks as part of PhonePe’s new funding round. PhonePe is expected to raise between $1.5 billion and...
UPI Transactions Surpass Record Rs 12 Lakh Crore, Volume Tops Rs 700 Crore
Transactions through the Unified Payments Interface (UPI) hit a new high of Rs 12.11 lakh crore in October and crossed the Rs 10 lakh crore...
PhonePe Raises General Atlantic at $12 Billion Valuation
Payments and financial services unicorn PhonePe is in talks for a new funding round led by General Atlantic at a valuation of more than $12...
PhonePe Tokenises 14 Million Cards Ahead of RBI’s September 30 Deadline
PhonePe said Thursday that it had flagged 14 million credit and debit cards on its platform by the Reserve Bank of India’s (RBI) information security...
PhonePe to Launch its Own Payment Gateway
Unified Payments Interface (UPI) leader PhonePe is introducing its own payment gateway as an allowance to its contemporary Quick Response (QR) code UPI payment facilities...
ONDC to Become Live for All Consumers in One City Next Month
The Open Network for Digital Commerce (ONDC) will begin a testing phase in a city next month so that any user in the area can...