 | This article reads like a press release or a news article and may be largely based on routine coverage. (June 2024) |
 | |
| Type of business | Private |
|---|---|
Type of site | Digital payments & Financial services |
| Available in | Multilingual (11) |
| Founded | 2015 |
| Headquarters | Salarpuria Softzone, Bengaluru, Karnataka, |
| Area served | India |
| Founder(s) |
|
| Industry | Fintech, Financial services, Payment gateway |
| Services | |
| Revenue |  ₹2,914 crore (US$350 million) (2023)[3] |
| Parent | Walmart |
| URL | phonepe.com |
| Commercial | Yes |
| Registration | Required |
| Users | 500 million[4] |
| Current status | Active |
| Native client(s) on | Android iOS |
PhonePe is an Indian digital payments and financial services company[5] headquartered in Bengaluru, Karnataka, India.[6][7] PhonePe was founded in December 2015,[2] by Sameer Nigam, Rahul Chari and Burzin Engineer.[8] The PhonePe app, based on the Unified Payments Interface (UPI), went live in August 2016.[9]
The PhonePe app is accessible in 11 Indian languages.[10] It enables users to perform various financial transactions such as sending and receiving money, recharging mobile and DTH, making utility payments, conducting in-store payments.[11][12]
- ^ "Contact Us". PhonePe, Pvt Ltd. 15 March 2015. Archived from the original on 3 May 2020. Retrieved 29 September 2019.
- ^ a b "Tech in Asia - Connecting Asia's startup ecosystem". Tech in Asia. Archived from the original on 25 December 2018. Retrieved 20 February 2017.
- ^ "PhonePe revenue jumps 77% to Rs 2914 crore in FY23". Livemint.
- ^ "PhonePe crosses 500 million registered users, alters top deck". The Economic Times. 7 November 2023. Retrieved 14 November 2023.
- ^ "PhonePe Becomes Fastest Growing Distributor of Insurance Technology in India". Deccan News. 25 August 2020. Archived from the original on 14 January 2021. Retrieved 29 March 2021.
- ^ Singh, Abhinav (10 March 2020). "Why digital payment firms should not rely on single bank". The Week. Archived from the original on 29 November 2022. Retrieved 11 March 2023.
- ^ "Top ten Indian Fintech unicorns - ET BFSI". ETBFSI.com. Archived from the original on 31 March 2023. Retrieved 29 March 2023.
- ^ Chanchani, Madhav (4 April 2016). "Flipkart acquires former executive's startup PhonePe for payments push". The Economic Times. Archived from the original on 2 February 2023. Retrieved 11 March 2023.
- ^ Sen, Anirban (10 January 2017). "Flipkart's PhonePe crosses 10 million downloads on Google Play Store". Mint. Archived from the original on 27 November 2022. Retrieved 11 March 2023.
- ^ "5 digital payment platforms you can use during Coronavirus Lockdown". India Today. 20 April 2020. Archived from the original on 18 September 2020. Retrieved 19 July 2020.
- ^ "PhonePe launches silver investments; allows users to buy silver coins and bars". cnbctv18.com. 30 September 2021. Archived from the original on 6 February 2023. Retrieved 29 January 2022.
- ^ Dasgupta, Brinda (23 March 2018). "Payments platform PhonePe looks to double its team". The Times Of India. Archived from the original on 30 November 2022. Retrieved 11 March 2023.