Tag: phonepe
walmart: Flipkart and PhonePe could be $100 billion businesses in India, Walmart says
Walmart‘s Flipkart marketplace and PhonePe payments business in India could be $100 billion businesses buoyed by strong growth, the retailer’s chief financial officer said on…
PhonePe begins account aggregator services: All you need to know
Fintech major PhonePe on Tuesday launched its account aggregator (AA) services. In a statement, co-founder and CTO Rahul Chari said that the AA network ‘sets…
ZestMoney: Lending taps starting to dry up for crisis-hit ZestMoney
The sudden exit of ZestMoney founders after its planned acquisition by PhonePe failed has compounded the challenges for the fintech startup with its already clogged…
zestmoney: ZestMoney top leadership to form new management after founders leave
A day after ZestMoney’s three founders announced they would leave the troubled fintech firm, cofounder and CEO Lizzie Chapman announced that the startup’s vice president,…
zestmoney: ZestMoney founders to exit troubled fintech firm post PhonePe deal falling through
Troubled fintech startup ZestMoney will see its founders Lizzie Chapman, Priya Sharma and Ashish Anantharaman leave the company after its potential acquisition by PhonePe fell…
phonepe: PhonePe will likely go for an India listing, says Walmart CEO Doug McMillon
Walmart president and chief executive officer Doug McMillon has said the performance of its payments company PhonePe has seen a significant upside, and if it…
razorpay reverse flip: ETtech Exclusive | In ‘reverse flip’, Razorpay parent entity plans to return to India from the US
Bengaluru-headquartered digital payments firm Razorpay is in the process of moving back its parent entity to India from the US, amid tighter sectoral regulations, said…
phonepe zestmoney debt: ETtech Exclusive: PhonePe may waive ZestMoney’s $18 mn debt after failed acquisition, pay $8 mn for commercial deal
After PhonePe pulled back from acquiring lending startup ZestMoney citing concerns raised during due diligence, the Walmart-owned digital payments major is looking to strike a…
Deal activity declines 35 per cent to USD 9.7 billion in March 2023 quarter: Report
Deal activities declined 35 per cent to USD 9.7 billion across 332 transactions in the first quarter of 2023 due to an overall decline in…
phonepe general atlantic funding: PhonePe bags another $100 million from General Atlantic
Digital payments major PhonePe has received another fresh infusion of $100 million from existing backer General Atlantic and its affiliate funds as part of its…