FinTech Magazine Top100 Companies 2023 | Page 45

TOP 100 COMPANIES

34

PhonePe

Founded in 2015
CEO: Sameer Nigam
htps phonepe com www:/ /
. htps company www:/ linkedin. phonepe-internet /
PhonePe is a mobile payments app that allows users to transfer money easily and instantly using just their mobile phone number. The Bengalurubased firm wants to give every Indian“ equal opportunity” to access the financial system and move money, in a country where nearly 200m people( one seventh of the population) remain unbanked. PhonePe was founded in 2015 by Flipkart alums Sameer Nigam and Rahul Chari; as well as experienced software industry executive Burzin Engineer. On top of the central payment functionality, PhonePe has expanded over the years into other financial products, including a range of insurance lines, investments, and solutions for business. It has 470m registered users( one in four Indians) and several thousand employees.
Payments
India

33

Brex

Founded in 2017
CEO: Henrique Dubugras
htps brex www:/ com. /. htps company www:/ linkedin. brexhq /
Brex provides an all-in-one platform for corporate cards, reimbursements, expense management, business accounts, and travel. Hailing from San Francisco’ s Silicon Valley, Brex’ s offering is exclusive to business charge cards. Founded by Brazilians Henrique Dubugras and Pedro Franceschi, Brex was initially intended as a virtual reality start-up before Duburgras and Franceschi pivoted their outlook three weeks into the fintech’ s Y Combinator accelerator programme. Generating US $ 1.5bn in total funding, Brex recently launched a financial software platform to help people comply with their employers’ expense policies, Brex Empower.
Financial Services
United States
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