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PhonePe is an Indian digital payments and financial services company headquartered in Bengaluru, Karnataka, India. [ 5 ] [ 6 ] It was founded in December 2015, [ 7 ] [ 2 ] by Sameer Nigam, Rahul Chari and Burzin Engineer. [ 8 ]
To make payments easier, Indians living abroad who have mobile numbers in the UAE can download the PhonePe app and link their current NRE and NRO accounts. PhonePe will also launch inbound remittance services as soon as the corridor for inward remittances is activated, eliminating the need for information like bank account numbers and IFSC codes.
PhonePe said in October 2023 that its consolidated revenue for financial year 2023 surged 77%, as more customers used its platform to send and receive money in India's booming digital payments market.
PhonePe is a digital payments company headquartered in Bangalore, India. PhonePe was founded in December 2015[1], by Sameer Nigam, Rahul Chari and Burzin Engineer. The PhonePe app went live in August 2016, and has been built on Unified Payments Interface (UPI). (Suggestion to add more details on what the PhonePe app lets a user do.)
ET Money was founded in 2015 by Mukesh Kalra, who earlier founded the fintech company Moneysights in 2009, which was later acquired by Times Internet in October 2014. . Moneysights was backed by ex-HP and IBM executive Prasad Duvvuri, Blume Ventures and Naveen Tewari of
Warburg Pincus LLC is a global private equity firm, headquartered in New York City, with offices in the United States, Europe, Brazil, China, Southeast Asia and India. [ 2 ] [ 3 ] Warburg has been a private equity investor since 1966.
On July 1, 2018, Worldpay Inc. acquired Pazien, a US payments data platform startup that Worldpay Group plc first invested in on May 14, 2014. [25] In March 2019, Fidelity National Information Services, Inc. (FIS), announced a $43 billion deal to buy Worldpay, reported as the biggest deal ever in the international payments sector. [26]
Iconix Brand Group, Inc. is an American brand management company that licenses brands to retailers and manufacturers, primarily in the apparel, footwear and apparel accessory industries. History and operations