Phonepe

PhonePe Launches Fixed Deposit Distribution in partnership with Leading Banks & NBFCs

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PhonePe Daily SIP base crosses 500,000; CAMS profit jumps 17.6% to ₹127 cr

PhonePe said 77% of Daily SIP users are from B30 cities, while CAMS reported record mutual fund AUM and double-digit growth in profit and revenue

PhonePe Launches PulsePro: Actionable Data Intelligence for Indian Businesses

~Empowers businesses with accurate, hyperlocal and actionable insights~

PhonePe's FY26 net loss widens to ₹2,792 cr despite 11.5% revenue growth

The fintech firm's revenue from operations rose to ₹7,920.48 crore in FY26, but higher expenses and regulatory changes contributed to a wider annual loss

Call for change: UPI Meta plan draws pushback from smaller players

In a joint representation, smaller payment apps urged NPCI to widen consultations, warning the proposed checkout framework could entrench the dominance of larger rivals

PhonePe appoints Srijon Biswas as CTO; Rahul Chari takes expanded CPTO role

PhonePe has appointed Srijon Biswas as chief technology officer, while co-founder Rahul Chari assumes the expanded role of chief product and technology officer

PhonePe elevates Srijon Biswas as CTO, co-founder Chari to become CPTO

PhonePe on Wednesday announced the appointment of Srijon Biswas as its Chief Technology Officer (CTO) with immediate effect. Biswas, who has been with the fintech firm for nearly a decade and previously served as the Head of Engineering, will now lead PhonePe's entire engineering organisation. He will continue to report to PhonePe Co-founder Rahul Chari, the company said in a statement. As part of a broader evolution of leadership responsibilities, Chari, who previously served as the CTO, will assume the role of Chief Product and Technology Officer (CPTO) while continuing in his capacity as co-founder. Chari's mandate already covered technology, product, trust and safety, and data sciences and analytics. He has recently added customer experience and artificial intelligence (AI) to his portfolio, alongside leading other strategic initiatives across the PhonePe Group. "As PhonePe continues to expand and grow, strengthening our technology leadership is a natural step. Srijon's ...

PhonePe Insurance CEO exits as fintech merges insurance with payments biz

Vishal Gupta, part of PhonePe's founding team, has stepped down as the fintech integrates its insurance business with its consumer payments business

From Gatekeeper to Strategic Catalyst: How GenAI is Transforming Compliance at PhonePe

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India leads digital wallet downloads as homegrown apps dominate globally

India recorded over 440 million wallet app downloads in 2025, led by PhonePe and Paytm, but slowing installs and rising UPI transactions show the market is shifting toward deeper usage

PhonePe launches AI tool to help merchants build payment pages in minutes

SmartPages enables businesses to generate customised payment pages using simple text prompts, removing the need for coding or design expertise

PhonePe launches AI tool to speed up merchant payment integrations

Walmart-owned PhonePe says its AI-powered integration layer can reduce merchant onboarding timelines from weeks to minutes, especially for small businesses

PhonePe reaches 700 million users milestone amid strong fintech growth

PhonePe has crossed 700 million users, underscoring rapid growth in India's digital payments ecosystem, even as the fintech firm pauses its IPO plans amid market volatility

PhonePe crosses 50 million registered merchants across India ahead of IPO

Fintech major PhonePe on Tuesday said it has crossed 50 million lifetime registered merchants on its platform. The IPO-bound company noted its expansion from offering QR code-based payment solutions to providing a full-stack suite of financial tools, including working capital loans, Point-of-Sale (POS) terminals, and SmartSpeakers. "Reaching 50 million merchants is a significant milestone in our effort to make financial services more accessible to merchants across India. For many of our partners, the journey began with a simple QR code, but that relationship has since matured. Today, digital payments serve as a gateway to a wider range of formal services, including credit," Yuvraj Singh Shekhawat, Chief Business Officer, Merchant Business, PhonePe, said. Launched in 2016, PhonePe has over 65 crore registered users. The latest development comes as the company prepares for its initial public offering (IPO), having recently filed an updated draft red herring prospectus (UDRHP-I) with .

'No pressure to go IPO': PhonePe doubles down on AI transformation push

With its listing paused amid West Asia tensions, the Walmart-backed fintech is racing to automate operations for 650 million users

PhonePe defers IPO plans amid West Asia crisis, market volatility

PhonePe has temporarily deferred its IPO plans citing the West Asia conflict and volatile markets, though the company says it remains committed to pursuing a public listing in India

PhonePe defers IPO listing amid geopolitical tensions, market volatility

PhonePe on Monday announced it has temporarily deferred its public market listing process due to the current geopolitical conflicts and market volatility and will resume the listing process once there is some stability in global capital markets. Sameer Nigam, PhonePe's CEO said, "We sincerely hope for a swift return to peace in all the affected regions. We remain committed to a public listing in India.

PhonePe launches 'On-The-Go' card for seamless, offline transit payments

PhonePe has announced the launch of the PhonePe 'RuPay On-The-Go' Card, a National Common Mobility Card (NCMC). This launch is a step towards India's 'One Nation One Card' vision, aimed at digitizing transit payments across India. The PhonePe 'On-The-Go' Card is designed to simplify the user's daily commute by functioning as an all-in-one transit card. It allows for quick, tap-and-pay transactions on all NCMC-enabled services, including metros, buses, trains, tolls, and parking across India in a fully interoperable manner. A key feature is that the cards are issued instantly, enhancing convenience for millions of commuters. The card utilizes a prepaid, stored-value model where balance is stored directly on the card's chip. This model enables true offline contactless payments, allowing commuters to tap-and-pay even in areas with no internet connectivity. Users can load this card with a balance of up to Rs 2,000, with a maximum offline transaction limit of Rs 500. Speaking on the ..

The End of the PIN: Why PhonePe's Biometric Authentication for UPI Payments is the Future

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Walmart-backed PhonePe targets up to $10.5 billion valuation in IPO

Walmart will trim its stake in PhonePe by about 12 per cent in the firm's initial public offering, while Tiger Global and Microsoft plan to exit their stakes, according to the firm's IPO filing