MobiKwik introduces Pocket UPI to facilitate UPI payments without linking bank account

Gurugram,  February 2024. ONE MOBIKWIK SYSTEMS LIMITED (MobiKwik), a fintech company, introduced a new feature on its platform, ‘Pocket UPI’, that enables users to have an enhanced control over budgeting and finance management. Pocket UPI allows users to make UPI payments through MobiKwik Wallet without linking their bank account and therefore, giving more power in…

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MobiKwik Sparks Up the Festive Sason with Un missable Discounts and Cashback Extravaganza!

Gurugram, November 09 2023. Get ready for an electrifying Diwali with MobiKwik’s treasure trove of irresistible discounts and cashbacks thatextend throughout the month of November on categories such as electronics, apparel, jewellery, groceries, wellness and festive delicacies.Get set to enjoy incredible savings on your favorite brands! For the tech geeks looking for upgrades, MobiKwik has…

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Reserve Bank of India grants in-principle authorisation to ‘Zaakpay’ to act as online payment aggregator

Gurugram, October 26, 2023. Zaakpay, a reliable and secure payment gateway arm of MobiKwik, has received in-principle authorisation from the Reserve Bank of India (RBI)to operate as a payment aggregator. RBI’s in-principle authorisation will enable Zaakpay to onboard new merchants onto its platformfor quick and easy processing of online payments. Zaakpay operates and works with…

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MobiKwik reports profitable growth in Q2 FY24; Strong H1 performance in line with FY24 goals

Gurugram, October 05, 2023. MobiKwik, India’s leading digital banking platform, released its unaudited Q2FY24 results today with a52% growth in revenues over the corresponding period in FY23 and its second consecutive quarter of PAT profitability. The revenues for the quarter stood at INR 208 crores, a growth of 17% over the previous quarter in the…

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MobiKwik launches Lens to demystify your money

Gurugram, September 11, 2023. MobiKwik, a leading digital banking platform, today launched Lens, an industry-first financial product that will empower users with knowledge of their money and aid in financial wellness. Lens leverages Account Aggregator framework which helps users share data across financial institutions in a secure and efficient manner. Mobikwik Lens uses advanced technology…

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MobiKwik becomes the First Indian Fintech to Post Profits

Gurugram, 10th August 2023. MobiKwik, leading digital banking platform, has recorded profitablegrowthinQ1ofFY23-24withanadjustedEBITDAofINR13.6crores-181%increase Y-o-Y. This is the second consecutive quarter when MobiKwik has registered a profitable growth. ThecompanyregisteredINR177croresinrevenuesinQ1FY23-24,agrowthof68%in the corresponding quarter last fiscal and its contribution margin rose by 108% to INR 73.9 crores. MobiKwik becomes the first fintech in the country to post PAT positive…

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