PhonePe launches its share market app, IPO coming soon; This will be beneficial

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Popular digital payments company PhonePe has launched a new stock broking app called Share.Market and the company has entered the stock broking space. Apart from this, PhonePe has taken steps towards an IPO. Users can easily use the share broking platform to invest in the market and earn profits.

Sameer Nigam, CEO and co-founder of PhonePe, has officially announced that the company has launched a new share broking platform on Wednesday. The platform is named Share.Market. By launching such platforms and products, the company is trying to strengthen itself as a major fintech company. Even before this, PhonePe had launched a financial product called Pincode.

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This is how PhonePe’s new app will work
Share.Market, a new product introduced by PhonePe, is introduced as a stand-alone application. Many such options are already available on mobile platforms and users through them share market Apart from investing, you will get the easy option of trading. The app can also share stock market insights, so that users can get a better investment understanding.

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Recently PhonePe separated from Flipkart
Recently, PhonePe has been separated from its parent company Flipkart and the related process is now complete. Let us tell you that in order to enter the stock market and launch the IPO, PhonePe had to separate from its parent company, which it has now completed. In such a situation, its IPO may also come soon. The company’s current valuation is around $12 billion.

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