Famapp

PhonePe, Google Pay command 82% of UPI transaction volumes

PhonePe, Google Pay command 82% of UPI transaction volumes

11 Jul 2025, 16:58 PM

PhonePe topped the list, processing 8.55 billion transactions worth Rs 11.99 lakh crore, securing a 46.5% share by volume and nearly half the total transaction value.

FamApp

FamApp's co-founder exiting startup via secondary stake sale

16 Jun 2025, 13:12 PM

The fintech startup has struggled to raise fresh capital since its Series A funding round of $38 million in 2021.

Fintech Highlights

  1. BharatPe partners with Unity Small Finance Bank for EMI-driven credit card

  2. Stock broker Groww gets Sebi nod for $1 billion IPO

  3. PCI Security Standards Council sets up first India-South Asia regional engagement board

  4. Aye Finance net profit halves to Rs 30 crore in June quarter

  5. TransBnk raises $25 million in Series B funding led by Bessemer Venture Partners
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AI/Emerging Tech

  1. Reliance launches AI unit, strikes separate partnerships with Meta, Google Cloud

  2. Google to invest additional $9 billion to expand Virginia data center network through 2026

  3. OpenAI's evaluation shows rival Anthropic' Claude models less hallucinatory

  4. Elon Musk’s xAI, X sue Apple and OpenAI over antitrust claims

  5. OpenAI appoints ex Coursera exec Raghav Gupta as education vertical head for India, APAC
  6. Read more news...

Editor's Pick

  1. Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

  2. Exclusive: ICICI Bank breaks zero-fee UPI model, starts charging payment aggregators

  3. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality