WebApr 12, 2024 · PhonePe kicked off its latest fundraise in January, with General Atlantic offering up $350 million for the fintech giant at a pre-money valuation of $12 billion. ... PhonePe is an Indian digital payments and financial services company headquartered in Bengaluru, Karnataka, India. PhonePe was founded in December 2015, by Sameer Nigam, Rahul Chari and Burzin Engineer. The PhonePe app, based on the Unified Payments Interface (UPI), went live in August 2016. The PhonePe … See more PhonePe was incorporated in December 2015. In April 2016, the company was acquired by Flipkart and as part of the acquisition, the FxMart license was transferred to PhonePe and rebranded as the PhonePe wallet. … See more PhonePe helps merchants to accept payments through all UPI-based apps, debit and credit cards, as well as wallet (Including third party … See more • PhonePe Account Aggregator Pvt Ltd, a wholly owned subsidiary of the PhonePe Group, received an in-principle approval to operate as an account aggregator from the Reserve Bank of India. The license allows PhonePe to launch its account aggregator platform … See more On 14 January 2024, ICICI bank blocked PhonePe transactions, citing the reasons that it did not meet the NPCI guidelines. Initially, on 19 … See more In December 2024, Flipkart and PhonePe declared a partial split, with Walmart maintaining its majority ownership in PhonePe and the two entities now functioning independently. PhonePe announced the acquisition of $350 million from … See more • 2024: Recognised by National Payments Corporation of India (NPCI) for driving the largest number of merchant transactions on the UPI network. • 2024: Best Mobile Payment Product or Service Category at the IAMAI India Digital Awards 2024. See more PhonePe allots employee stock options (ESOPs) to its full time employees. In November 2024, PhonePe was reported to have conducted a … See more
PhonePe
WebApr 12, 2024 · PhonePe was founded in December 2015 by CEO Sameer Nigam, Rahul Chari and Burzin Engineer. It offers several payments and financial services, including mutual funds and insurance products. It pits against the publicly listed Paytm and Google Pay in India’s digital payments space. It claims to have more than 400 million registered users … WebSameer Nigam founded PhonePe in 2015 and serves as its Chief Executive Officer. Before PhonePe, he served as the SVP Engineering and VP Marketing at Flipkart. His Flipkart journey started in 2011 when the company acquired his earlier startup - Mime360, a digital media distribution platform. haile elaine kifer
PhonePe - Competitor Profile - GlobalData
WebApr 12, 2024 · Apr 12, 2024, 16:52 IST. BCCL. Decacorn fintech firm PhonePe has received an additional USD 100 million from General Atlantic during its ongoing fundraise round of … WebPhonePe is a mobile payments app that allows you to transfer money instantly to anyone, by using just their mobile number. ... Founded 2015 Specialties Digital Payments, Mobile … WebIn 2024, PhonePe (a Walmart company) - India's largest digital payments company acquired GigIndia. PhonePe had already built a 350Mn+ users … pinot noir like meiomi