15 PhonePe Statistics and Facts (2020) | By the Numbers



PhonePe Statistics and Facts

Here are a few of the most interesting PhonePe statistics and facts I was able to dig up. 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 Statistics and FactsPlease note that some of these numbers are easier to find than others. A few of these PhonePe stats 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%

PhonePe Facts

  • PhonePe Website: www.phonepe.com
  • Year PhonePe Launched: 2015
  • PhonePe Founders: Sameer Nigam and Rahul Chari
  • PhonePe Headquarters: Bengaluru, India
  • PhonePe Parent Company: Flipkart
  • PhonePe Mobile Apps: iPhone | Android

PhonePe Statistics

How many people use PhonePe?

200 million users

Last updated 3/16/20


PhonePe's share of payment apps and wallets in India:

33.4%

Last updated March 2019


Average transaction size on PhonePe:

973

Last updated March 2019


Average number of monthly PhonePe wallet refills:

1.86

Last updated March 2019


Number of PhonePe monthly active users:

50 million

Last updated 6/14/19


Number of PhonePe monthly transacting users:

50 million monthly active users

Last updated 8/16/19


Number of PhonePe offline merchants in India:

3 million

Last updated 4/15/19


Number of cities in India that PhonePe has merchants in:

130

Last updated 4/15/19


Number of monthly transactions on PhonePa:

185 million

Last updated 1/1/19


Total number of transactions on PhonePe:

5 billion

Last updated 12/13/19


Annual total payments value run rate of PhonePe:

$38 billion

Last updated 11/21/18


Amount of funding Flipkart has reportedly commited to PhonePe:

$500 million


Estimated value of PhonePe:

$10 billion

Last updated 12/10/19


What is PhonePe?

PhonePe is a mobile payments wallet to transfer money instantly to anyone, using just the mobile and Recharge #. No Cards, No Wallets, No Hassle! (source)

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