Mumbai-based Snapmint, a BNPL partner to brands that lets consumers pay in monthly instalments via India's UPI, raised a $125M Series B led by General Atlantic
Shashank Pathak / Entrackr :
Google Pay and PhonePe accounted for 80% of India's UPI transactions in Aug. 2025, down from 85% a year ago, as smaller players like Navi and BHIM gained ground
Pratik Bhakta / The Economic Times :
India plans to add 200M to 300M UPI users, including via delegated kids accounts, and pitch UPI abroad; PwC: India makes up ~46% of global digital transactions
Bloomberg :
Data shows India's UPI recorded 10B+ merchant transactions in October 2024, up 53% YoY, while credit cards saw a 35% YoY increase in transactions to 433M
Pratik Bhakta / The Economic Times :
PhonePe and Google Pay accounted for an 85%+ share of India's 14.4B UPI transactions in July 2024; PhonePe led with 6.9B, Google Pay had 5.3B, and Paytm 1.1B
Digbijay Mishra / The Economic Times :
Jio Financial Services, part of Reliance, launches the JioFinance app to provide digital banking, bill payments, and other services in a crowded Indian market
How to use, top features, more Moneycontrol : Jio Financial Services launches ‘JioFinance’ app in beta version Jio Financial Services Ltd. : Jio Financial Services Ltd. unveils “JioFinance” … Business...
Jio Financial Services, part of Reliance, launches the JioFinance app to provide digital banking, bill payments, and other services in a crowded Indian market
How to use, top features, more Moneycontrol : Jio Financial Services launches ‘JioFinance’ app in beta version Business Today : Jio Financial launches beta version of JioFinance app; UPI, digital bank...
NPCI data: UPI transactions processed by Paytm fell 14% to $19.9B from January 2024 after RBI curbs, while PhonePe rose nearly 7% and Google Pay rose almost 6%
- Paytm loses usage even before any disruption to its systems — Services of Walmart, Google capitalize on Paytm's troubles
A look at the global outreach of India's UPI, which has expanded to seven other Asian countries and now lets Indian tourists buy tickets at the Eiffel Tower
signs that show UPI is accepted there — could take up to 12 months and only then will transaction traffic pick up. India Edition by @menakadoshi LinkedIn: Menaka Doshi : 🌏Seven done, 23 more to go on ...
A look at the global outreach of India's UPI, which has expanded to seven other Asian countries and now lets Indian tourists buy tickets at the Eiffel Tower
signs that show UPI is accepted there — could take up to 12 months and only then will transaction traffic pick up. India Edition by @menakadoshi LinkedIn: Menaka Doshi : 🌏Seven done, 23 more to go on ...