Tag: PhonePe

Indian FinTech giant PhonePe has raised $200m in a primary capital investment from Walmart. PhonePe’s pre-money valuation was $12bn.

PhonePe, an Indian FinTech, has raised another $100m in primary capital as the company continues to go on a funding spree.

Digital payments app PhonePe becomes a decacorn following the closing of a $350m funding round, which doubles its valuation to $12bn.

RazorPay, a point of sale platform, tops the list of the largest FinTech deals in India in 2021 with a huge $375m Series F...

Massive amounts of capital have been injected into the FinTech industry in 2020, but ten companies raised bigger rounds than the rest.

As the year draws to a close, most people will be happy to see the back of it. However, these 29 FinTechs managed to end 2020 on a high by raising funding last week.

Last week week saw 28 FinTechs close investment deals. Three sectors in particular proved especially successful.

From Stash’s $113m round to Okra collecting $1m in new investment, the last week has seen a smattering of FinTech companies raise money.

India-based digital payments company PhonePe has reportedly collected $28m in a new funding round from e-commerce giant Flipkart.

PhonePe is partially spinning out from Flipkart and has raised $700m in a round led by Walmart and supported by prior investors.