PhonePe receives SEBI approval for its IPO and will file updated DRHP soon. Fintech listing comes as Sensex and Nifty drop over 1% amid global market volatility. https://english.mathrubhumi.com/news/money/phonepe-gets-sebi-nod-for-ipo-fintech-giant-set-for-market-debut-o9jyk9eb?utm_source=dlvr.it&utm_medium=mastodon #PhonePeIPO #SEBIApproval #FintechIPO #StockMarket

Scale without margins? Our analysis shows how #PhonePe could turn UPI frequency into finance: credit on #UPI, insurance/investing distribution, and cross-border acceptance (#QNB / #QatarDutyFree).
Full story: https://fintech.industryexaminer.com/phonepe-ipo-upi-unit-economics/
#Payments #OpenBanking #IPO #PhonePeIPO #India #Fintech #TechNews