Wire by Fusion42
Fusion42 Scout Raise
The Debrief & Outliers
Regulatory RadarWorkday Debrief · Mon 09:00 UTCSector Deep DiveWorkday Debrief · Tue 09:00 UTCGeo PulseWorkday Debrief · Wed 09:00 UTCOperating ConditionsWorkday Debrief · Thu 09:00 UTCWeekly BriefingWorkday Debrief · Fri 09:00 UTCWTF Happened This WeekSat 09:00 UTC · 3σ outliers
Benchmarks
Benchmarks HomeBy News TypeBy RegionBy Sector
AI WeeklyAbout

Switch product

Fusion42RaiseScoutWire

The Debrief & Outliers

All editionsRegulatory RadarWorkday Debrief · Mon 09:00 UTCSector Deep DiveWorkday Debrief · Tue 09:00 UTCGeo PulseWorkday Debrief · Wed 09:00 UTCOperating ConditionsWorkday Debrief · Thu 09:00 UTCWeekly BriefingWorkday Debrief · Fri 09:00 UTCWTF Happened This WeekSat 09:00 UTC · 3σ outliers

Database & benchmarks

Benchmarks HomeBy News TypeBy RegionBy SectorStories

Account

Sign in
← Back

Wire · operational-macro

India's PhonePe gets initial UAE central bank nod for payment licences

22 September 2026 · By · Wire by Fusion42

Published

22 September 2026

Topic

operational-macro

◆ Sectors

Fintech

◆ Geography

UAE

◆ Source

Read at whbl.com →

◆ Verified

Fusion42 · 22 September 2026 · Fusion42 review

PhonePe has received in-principle approval from the UAE central bank for retail payment services licenses, pending final regulatory sign-off to commence operations in the UAE.

This Wire brief sits within Fusion42's coverage of Fintech, and 3 sources have reported it.

◆ ◆ The Wire takeaway

Your fintech venture in the Gulf just hit an open door as PhonePe moves closer to starting operations after UAE central bank approval. Reach out now to local banks and payment providers to form partnerships before final approval is granted.

◆ Coverage

3 sources · 22 Sep 2026

◆ Related on Wire

◆ Topics

Fintechphonepeuaepayment-licensesfintechregulatory-approval