Hike Wallet crosses 5 million transactions a month, sees 30%--plus month-on-month growth

Home-bred messaging app, Hike Messenger said its wallet service `Hike Wallet’ has crossed 5 million transactions every month, and has seen over 30% month-on-month growth barely five months since the launch of Hike 5.0 and Wallet.

“Hike Wallet has seen a growth of over 30% month-over-month, in just 5 months, making it the fastest growing wallet in India,” the company said Thursday.

Hike has launched a campaign to increase transactions and the number of Hike wallets. Users can gift free money up to Rs 1 lakh to their friends and groups in the Hike wallet.

The company has also introduced new features for the best Groups experience, making it easier to import groups on Hike.