PhonePe
| Type of business | Private |
|---|---|
Type of site | Digital payments & Financial services |
| Available in | Multilingual (11) |
| Founded | 2015 |
| Headquarters | Salarpuria Softzone, Bengaluru, Karnataka, |
| Area served | India |
| Founder(s) |
|
| Industry | Fintech, Financial services, Payment gateway |
| Services | |
| Revenue | ₹5,000 crore (US$590 million) (2024) |
| Parent | Walmart |
| URL | phonepe.com |
| Commercial | Yes |
| Registration | Required |
| Users | 530 million |
| Current status | Active |
| Native client(s) on | Android iOS |
PhonePe is an Indian digital payments and financial services company headquartered in Bengaluru, Karnataka, India. It was founded in December 2015, by Sameer Nigam, Rahul Chari and Burzin Engineer. The PhonePe app, based on the Unified Payments Interface, went live in August 2016.
The PhonePe app is accessible in 11 Indian languages. It enables users to perform various financial transactions such as sending and receiving money, recharging mobile and DTH, making utility payments, conducting in-store payments.