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…
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…