Apps💰 FinTechPhonePe
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PhonePe

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India's largest UPI payments app with AI fraud protection
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FreemiumApp (Mobile)💰 FinTech0⚡ API Available🇮🇳 Indian Founded

About PhonePe

PhonePe is India's #1 digital payments app with 600M+ registered users and ~48% UPI market share. Uses AI/ML at massive scale for real-time fraud detection, risk scoring, smart reminders, and personalised financial products across payments, insurance, and wealth. Valued at $12B, backed by Walmart.

Problem & Unique Value

🎯 Problem Being Solved

Digital payments at India scale need fraud protection across billions of monthly transactions — PhonePe's ML does it in real time.

💎 What Makes It Unique

India's largest fintech by users — AI fraud systems screening 310M+ transactions daily in 12 Indian languages.

Key Features

  • 1Real-time AI fraud detection at UPI scale
  • 212 Indian language support
  • 3AI-driven financial product recommendations
  • 4Merchant lending with ML credit models
  • 5Insurance & wealth on one app

🤖 AI & Technology

AI Categories

Predictive AnalyticsRecommendation
0⚡ API Available

🗣️ Supported Languages

englishhinditamiltelugubengalimarathigujaratikannadamalayalampunjabiodiaassamese

🏢 Industry / Domain

📍 Location & India Context

Headquarters

Bengaluru, Karnataka

Markets Served

India
🇮🇳 Indian Founded🌾 Bharat / Rural Focused

Details

Pricing
Freemium
Primary Industry
FinTech
Funding
Late Stage

Business

Target Audience
ConsumersMerchantsBharat Users
Investors
Walmart, General Atlantic, Ribbit Capital