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BharatPe Launches BharatPe Flex With Up to INR60,000 Credit

By Drooid · Sep 11, 2026, 1:34 PM UTC · How we work

Summary

Story summary

BharatPe launched BharatPe Flex, offering up to 60,000 rupees pre-approved credit for UPI payments.
PhonePe CEO Sameer Nigam said India’s credit market exceeds twice the payments market size.
UPI transactions in FY ending March hit 314 trillion rupees, and PhonePe and Google Pay hold over 70% share.
Fintechs use UPI, e-commerce and geolocation data to assess risk for small, unsecured digital loans.

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Story summary

BharatPe launched BharatPe Flex, offering up to 60,000 rupees pre-approved credit for UPI payments.
PhonePe CEO Sameer Nigam said India’s credit market exceeds twice the payments market size.
UPI transactions in FY ending March hit 314 trillion rupees, and PhonePe and Google Pay hold over 70% share.
Fintechs use UPI, e-commerce and geolocation data to assess risk for small, unsecured digital loans.