PhonePe sharpens lending, insurance play ahead of IPO as segment drives growth

PhonePe, which built its scale on the Unified Payments Interface (UPI) with over 657 million registered users, is leveraging payments as a distribution layer rather than a primary revenue engine. | Photo Credit: SAMYUKTA LAKSHMI Walmart-backed fintech major PhonePe is sharpening its financial services play ahead of its proposed public listing, as lending and insurance […]