Latest Updates Around The World
PhonePe on Saturday launched an AI-powered natural language search tool, built using Microsoft Foundry, that allows users to navigate, pay and track transactions through the app via simple voice or text commands. “This feature allows PhonePe users to initiate and complete in-app tasks via natural language text or voice commands, increasing convenience and personalizing the […]
PhonePe, which has built its scale on the Unified Payments Interface (UPI) with over 657 million registered users, uses payments as a distribution layer rather than a primary source of revenue. | Photo credit: SAMYUKTA LAKSHMI Walmart-backed fintech giant PhonePe is sharpening its financial services operations ahead of its proposed stock market listing as loan […]
Phonepe, one of the largest digital payment platforms, plans to invest in new platforms focused on digital investing and asset management: Share.Market. It will also focus on the native mobile app store built for India: Indus Appstore. Phonepe claims continued market share leadership from December 2020 to September 2025 in terms of number of transactions […]
Tiger Global and Microsoft are set to exit PhonePe entirely as the Walmart-backed digital payments giant moves closer to a blockbuster public listing. This provides a clear snapshot of how global investors are making money from bets made during India’s FinTech boom. Bengaluru-based PhonePe has filed an updated Draft Red Herring Prospectus (UDRHP) with market […]
Pincode has reduced its offering, leaving categories such as fashion and electronics to focus on hyper-local and high-frequency segments such as food and groceries, Moneycontrol reported in April 2024. | Photo credit: MURALI KUMAR K Pincode, a hyperlocal shopping app from PhonePe, is winding down its business-to-consumer (B2C) vertical, which also offered deliveries within 15-30 […]
