Equimonet · Source-linked explainer

PhonePe gets preliminary UAE approval, with final clearance still ahead

PhonePe says the UAE central bank has given in-principle approval for payment and stored-value licences. Commercial launch still requires final authorisation.

By Equimonet Research Desk · Published 2026-09-23

Evidence frame

Based on the dated PhonePe announcement linked below. Company statements are not independently verified outcomes. General information, no recommendation. Source publication date: 2026-09-22; an exact publication time was not supplied.

Primary sources

  1. PhonePe — PhonePe Marks First International Footprint in UAE, Securing In-Principle Approval from Central Bank of UAE Issued 2026-09-22

General market information only. No investment recommendation.