PhonePe

About PhonePe

PhonePe is the leader in UPI-based payments in India, with a market share of more than 47%. Our goal is to make payments so easy, safe, and universally accepted that people never feel the need to carry cash or cards again. We believe India is on the cusp of a new mobile revolution, which will change the way we manage our money on the go. We see ourselves facilitating this change through technology and dogged customer centricity. PhonePe went live in 2016 and, till date, has over 500 million registered users and 38 million merchants. PhonePe has forayed into diverse areas with its offerings in almost all fintech segments, including insurance, lending, mutual funds, and stock broking. In 2024, PhonePe also launched Indus AppStore, its own native Android-based mobile app store built for Indian consumers, providing app discovery and content in 12 Indian languages.