About

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, who are key figures in its leadership. The company's core offering, the PhonePe app, which is based on the Unified Payments Interface, went live in August 2016, establishing its presence in the fintech, financial services, and payment gateway industry. PhonePe reported a revenue of ₹5,000 crore (US$590 million) in 2024. As a prominent player in the Indian digital payments and financial services sector, it specializes in providing comprehensive payment solutions.