Walmart-backed PhonePe plans an IPO at a $9–10.5 billion valuation, potentially raising about $1 billion. Investors remain ...
Paytm currently leads in merchant payment revenue, while PhonePe still needs to expand its merchant client base to compete effectively ...
The Bank of America Global Research report states that payments remain the foundation of India’s fintech ecosystem, driven largely by the rise of UPI.
India’s payments ecosystem runs largely on UPI, a free rail that limits direct monetisation on the consumer side.
PhonePe IPO DRHP shows that the company reported 238 million monthly active customers (MACs), each transacting an average of 37 times per month. However, this scale of engagement has not yet ...
While PhonePe leads in user reach and transaction scale, Paytm maintains a more diversified revenue mix and a faster path to ...
According to Macquarie, PhonePe's proposed listing will be watched closely for its potential read-through on Paytm's (One 97 Communications) valuation and near-term re-rating ...
India’s largest digital payments platform, PhonePe, is preparing to hit the public markets with a targeted valuation between ...
A day after the Reserve Bank of India (RBI) issued new master directions for payment aggregators (PAs), fintech giants like PhonePe, Paytm, and CRED have reportedly halted rental payments via credit ...
Walmart-backed PhonePe targets a $10.5B valuation for its India IPO. Learn why Microsoft is exiting and how PhonePe plans to monetize 650M users.
The National Payments Corporation of India (NPCI) will lower third-party app provider (TPAP) and Payer PSP (payment service provider) fees for RuPay credit card transactions made through UPI, ...
The Karnataka High Court’s refusal to quash a BUDS Act case against the app Jar signals a shift toward treating digital gold as an unregulated deposit. This investigation establishes a legal precedent ...