Thursday, June 13, 2024
Outlook.com
Outlook India
Outlook Business

Phonepe

While the app store will be free for a year, PhonePe has not finalized a pricing structure for the subsequent year, though the fintech indicated that it will be in the "low single digits" in addition to the basic fee

Pine Labs criticized Paytm’s newspaper ads with a promotional tweet saying ‘Front- page ads can be bought. Trust cannot’

The Indus Appstore Emerging Start-up Awards, are designed to provide a level playing field for emerging startups in India, thereby positioning them to compete with global players.

Ritesh has been a supporter of the company since its initial days. Previously, he was the president of products and solutions at TerraPay

Walmart's CFO, John David Rainey, mentioned that both Flipkart and its digital payments arm, PhonePe, are likely to launch IPOs at some point

As per the report, Initially, the company will function as a distributor for personal loans, gradually establishing its credit underwriting capabilities

The Appstore will have a “Launch Pad” for new developers to onboard their apps and provide them with better visibility and search optimisation

Flipkart's in-house marketplace will provide a variety of financial products, including personal loans up to Rs 5 lakh

The company is in talks with a fresh investor, as per media reports

While PhonePe already offered users an option to invest in mutual funds through its app, this platform has been launched as a separate entity