PhonePe Statistics and User Count for 2024
Last Updated on: January 6th, 2024
Here are a few of the most interesting PhonePe statistics and facts I was able to dig up including restaurant count, revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
PhonePe Facts
Here is pretty much everything you ever wanted to know about PhonePe.
- Website: Official Website
- Year Founded: 2015
- Headquarters: Bengaluru, India
- Founder(s): Sameer Nigam and Rahul Chari
- Parent Company: Flipkart
- Subsidiaries / Brands: ZestMoney
- App Download (iOS)
- App Download (Android)
PhonePe is a digital payment platform and financial technology company based in India. It was launched in 2015 and has since become one of the leading mobile payment apps in the country. PhonePe allows users to make payments, transfer money, recharge mobile phones, pay bills, and more, all through their smartphones.
PhonePe operates on the Unified Payments Interface (UPI) system, a real-time payment system developed by the National Payments Corporation of India (NPCI). With UPI integration, PhonePe enables users to link their bank accounts and make instant and secure transactions directly from their accounts.
The app offers a range of payment options, including person-to-person payments, payments to merchants, and utility bill payments. Users can also use PhonePe to pay for online shopping, book tickets for movies, flights, and hotels, and even invest in mutual funds.
PhonePe has gained popularity in India due to its user-friendly interface, quick transactions, and wide acceptance across various merchants and service providers. It has also introduced several features to enhance the user experience, such as cashback offers, QR code scanning for easy payments, and integration with various apps and services.
PhonePe Statistics
PhonePe User Count
PhonePe number of users:
200 million monthly active users (2023)
Last updated 4/22/23
415 million registered users (2022)
PhonePe Revenue Totals
Nothing to report just yet. Please check back soon for updates.
Additional Statistics
PhonePe’s share of payment apps and wallets in India:
Average transaction size on PhonePe:
Average number of monthly PhonePe wallet refills:
Number of PhonePe offline merchants in India:
Number of cities in India that PhonePe has merchants in:
Number of monthly transactions on PhonePe:
2.5 billion transactions per month (2022)
Number of daily transactions on PhonePe:
100 million transactions per day (2022)
Annual total payments value run rate of PhonePe:
Amount of funding Flipkart has reportedly committed to PhonePe:
Estimated value of PhonePe:
Number of PhonePe employees:
Please note that some of these numbers are easier to find than others. A few of these statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.
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