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PhonePe raises $100 million additional funding from General Atlantic
WebMar 30, 2024 · The business has merchant alliances with 10,000 internet brands and 75,000 physical stores, as well as 27 lending partners. PhonePe, which is backed by Walmart, has called off its deal with Zest Money over due diligence concerns, in a setback to the buy-now-pay-later platform that is backed by Goldman Sachs, PayU, and Xiaomi. Recommended … Web2 days ago · Walmart-owned fintech firm PhonePe confirms that it has raised a $100 million additional tranche of investment from private equity firm General Atlantic and its co … ray lam facebook follies
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WebMay 13, 2024 · PhonePe plans to become profitable and file for an IPO over the next few years. In March 2024, Walmart-owned homegrown payments company PhonePe became … Web2 days ago · PhonePe had previously raised $100 million from Tiger Global, Ribbit Capital and TVS Capital, as well as $200 million from its parent Walmart. PhonePe is looking to deploy the funds to boost ... WebAug 6, 2024 · PhonePe is a digital payments and wallet-based payments app that operates in the UPI fintech industry. All we need to do is to download PhonePe on our mobiles, link our phone numbers and our bank accounts, and once these are verified, we can start making our transactions over the app. ray lake real thing wife