PhonePe

  • Fintech platform PhonePe launches its first green data centre in India

    PhonePe, a homegrown fintech platform, announced the launch of its first green data centre in India, leveraging technologies and solutions from Dell Technologies and NTT. The facility opens up new opportunities in data management for PhonePe, with efficient data security,...

    Published On October 21st, 2022
  • PhonePe tokenized 14 million debit and credit cards

    PhonePe tokenized debit and credit cards: PhonePe announced that it had tokenized 14 million credit and debit cards on its network in accordance with the RBI's (Reserve Bank of India) guidelines for data security. Since the exercise began in December...

    Published On September 12th, 2022
  • Digital Payments in India expected to increase triple by 2026

    The digital payment markets in India are expected to increase triple from the current three trillion dollars to ten trillion dollars in the coming four years, which is by 2026. This was confirmed by the report issued by PhonePe after...

    Published On June 6th, 2022
  • Phonepe to buy wealth management platforms Wealthdesk

    PhonePe, an Indian payments business backed by Walmart Inc., is acquiring two wealth management firms for $75 million in total. WealthDesk will cost roughly $50 million, while OpenQ will cost nearly $25 million, including debt, according to people familiar with...

    Published On May 21st, 2022
  • Max Life Insurance teamed with PhonePe to provide consumers with financial security

    Max Life Insurance Co. Ltd has announced the debut of the Max Life Smart Secure Plus Plan via the PhonePe app, a non-linked non-participating individual pure risk premium life insurance plan aimed at digitally savvy customers. Buy Prime Test Series...

    Published On March 30th, 2022