PhonePe the fintech unicorn has launched its Own Payment Gateway
PhonePe, the fintech unicorn, has officially launched its payment gateway as it seeks to expand into larger...
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PhonePe, the fintech unicorn, has officially launched its payment gateway as it seeks to expand into larger...
The latest offering puts the Walmart-backed digital payments app up against the likes of Paytm and Pine Labs, which already have a presence in the offline category, and Razorpay and Cashfree in the online space.
The space is presently has players like Razorpay, Cashfree, CCAvenue, Pine Labs, and PayU. One97 Communications Limited, the parent company of Paytm also launched its own payment gateway in 2012.
The latest offering puts the Walmart-backed digital payments app up against the likes of Paytm and Pine Labs, which already have a presence in the offline category, and Razorpay and Cashfree in the online space.
In the last six months, Mamaearth parent Honasa Consumer is the sole VC-backed unicorn to have submitted draft papers to SEBI. Following the IPOs of Zomato, Paytm, PB Fintech and others, companies have realised that public shareholders have different perceptions of their businesses and valuations as compared to private investors.