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About the Company

PhonePe Group is India’s leading fintech company. Its flagship product, the PhonePe digital payments app, was launched in Aug 2016. Within a short period of time, the company has scaled rapidly to become India’s leading consumer payments app. On the back of its leadership in digital payments, PhonePe Group has expanded into financial services – Insurance, Lending, & Wealth as well as new consumer tech businesses – Pincode and Indus Appstore.

About PhonePe

PhonePe is an Indian digital payments and financial services company based out of Bangalore, India. It was founded in 2015, by Sameer Nigam, Rahul Chari, and Burzin Engineer. The PhonePe app, based on the Unified Payments Interface, went live in August 2016. PhonePe offers a wide range of services for the common people as well as for businesses enhancing their payment experiences.

They also have additional features which will help people handle their finances by helping them in investing, paying for services. etc. PhonePe was acquired by Flipkart in 2016 and is India’s one of the fastest-growing fintech companies. It has crossed the 250 million registered users mark in 2020, the market-leading share of over 40% in UPI transactions.

Mission and Vision of PhonePe

Vision

To build a large, scalable & open transaction ecosystem that creates the maximum positive impact for all stakeholders.

Values and Principles of PhonePe

Customer First

Our customers are our first and primary stakeholders, and we will only succeed in our vision if we create long-term value for them by building simple, reliable, and value-additive solutions.

Positive Disruption

Our business solutions are designed to be inclusive and empowering for all ecosystem players.

Holistic Approach

We start with a holistic understanding of the problem statement before designing solutions for customers. We then create the most optimal solution possible based on first principles.

Learn Fast, Fail Fast

We set audacious goals and are not limited by incremental thinking. We take calculated risks to achieve goals, and celebrate both success and failure.

Simplicity Breeds Scalability

‘Fools ignore complexity. Pragmatists suffer it. Some can avoid it. Geniuses remove it.’ We will attempt to be geniuses.

Bias for Impact

We will focus on quality and impact of output rather than mindless activity

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