PhonePe has scaled its merchant loan distribution rapidly over the past three years. Disbursals rose from just ₹11 crore in FY23 to ₹1,718 crore in FY24 and further to ₹4,507 crore in FY25.
PhonePe sharpens focus on merchant lending, consumer loans ahead of IPO push
IPO-bound digital payments major PhonePe is increasingly focusing on lending distribution, especially merchant loans and consumer credit, as the company expands beyond payments into a broader financial services platform. According to details shared i... [2954 chars]
