Phonepe News

India has postponed the approval of Paytm's 500 million rupee ($6 million) investment in its Paytm Payment Services arm, citing concerns regarding Chinese shareholding in the parent company, as reported by three government officials and a document seen by Reuters. One ...

PhonePe has joined hands with CaratLane to bring a golden opportunity for consumers to transform their digital gold investments into exquisite jewellery. The partnership allows users who have invested in 24K digital gold on PhonePe to redeem their holdings seamlessly on ...

Unified Payments Interface (UPI), the NPCI developed instant real-time payment system has played an important role in driving the digital payments revolution in India. As we have just entered the new year 2024, it is important to note that certain UPI ...

India's leading digital payments platform, PhonePe, has successfully raised an additional $100 million in funding from global growth equity firm General Atlantic.  This investment comes as a significant boost to PhonePe's ongoing expansion plans and further solidifies its position in India's ...

Decacorn fintech firm PhonePe has received an additional USD 100 million from General Atlantic during its ongoing fundraise round of USD 1 billion at a pre-money valuation of USD 12 billion, the company said on Wednesday. With this fresh funding, the ...

Recently, Phonepe introduced a new function that enables customers to quickly make international payments via UPI. With this announcement, phonepe, an Indian fintech business, became the first to launch such a facility. Indians may conveniently make payments when travelling overseas thanks ...

Walmart-owned digital payments app Phonepe on Thursday said it has raised USD 350 million at a valuation of USD 12 billion in a funding round led by private equity firm General Atlantic. "Marquee Global and Indian investors are also participating in ...