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MOBIKWIK LOAN BUSINESS
MobiKwik gets RBI nod for NBFC arm, plans to launch in 3-6 monthsThe Reserve Bank of India has officially granted MobiKwik Financial Services the green light to operate as an NBFC. With an eye towards dis...- MobiKwik shares jump 4% as RBI approves NBFC licence; co targets Rs 5,000 crore loansMobiKwik shares gained on Friday after the RBI granted its subsidiary a licence to operate as an NBFC, enabling the fintech company to ente...
- AI on the clock as fintechs demand payoff for spendsSeptember-quarter earnings calls of Paytm, Pine Labs, Groww, PB Fintech, Kissht and Mobikwik reveal a shift across payments, stockbroking, ...
- MobiKwik expects MDR on UPI to add Rs 100 crore to payment revenue in FY28On its second-quarter earnings call, the company’s management said the implementation of UPI MDR would improve payment unit economics and c...
- Big to get bigger: India's UPI fee shift to entrench dominant incumbentsPhonePe and Google Pay could earn about $900 million annually from India’s new UPI merchant fee regime by March 2028, according to Bernstei...
- Paytm, MobiKwik, Pine Labs shares rally up to 6% after govt announces UPI fees above Rs 2,000. Why brokerages are bullishPaytm, MobiKwik and Pine Labs are likely to remain in focus after the government announced MDR on select UPI transactions above Rs 2,000. F...
- MobiKwik shares jump 12% after RBI nod for NBFC licence to launch lending armShares of One MobiKwik Systems surged 12% on Monday after receiving the Reserve Bank of India's approval for an NBFC licence, enabling it t...
- Mobikwik gets central bank nod for non-banking financial company licenceFintech firm One MobiKwik Systems has secured approval from the Reserve Bank of India for a non-banking financial company (NBFC) license. T...
- MobiKwik incorporates wholly owned NBFC subsidiaryOne MobiKwik Systems has established Mobikwik Financial Services Pvt Ltd to provide non-bank financial services, including leasing and fina...
- From a dining table startup to ₹572 Cr IPO: How MobiKwik prioritizes innovation over big-budget adsMobiKwik, an Indian fintech company, launched a ₹572 crore IPO. Starting as a digital wallet, it now offers various financial products, foc...
- MobiKwik files draft papers for Rs 700 crore IPOMobiKwik's fresh issue will include a pre-IPO placement of Rs 140 crore.
- Decoding MobiKwik’s second attempt at public listingThis is the second time One MobiKwik Systems has filed its draft papers. MobiKwik had abandoned its initial listing plans in 2021, citing w...
- MobiKwik launches investment product Xtra, scales AUM to over Rs 100 croreThe product, which has been tested over the past month, allows users to invest as little as Rs 1,000 and looks to provide interest of up to...
- IPO-bound MobiKwik expects revenue to touch Rs 600 crore by end of FY22The company expects to clock annual revenue of Rs 550 crore - Rs 600 crore by the end of FY22, nearly double from last year, MobiKwik cofou...
- Seeing strong lending biz growth, MobiKwik targets Rs 1500 cr disbursement this fiscalThe company has already disbursed over one lakh "digital loans" in September this year.
- Rs 20 insurance to help Indian payment firm double revenueMobiKwik offers personal loans of Rs 2,000- Rs 100,000 at interest rates of 20-28% over three to 12 months.
- MobiKwik fund transfer business grows 400%According to NPCI data, MobiKwik commands over 26% market share and has clocked Rs 362 crore in terms of value of total funds transferred f...
- When Mobikwik shifted focus to competitive space of wealth managementIt’s the one that lost that critical first-mover advantage. MobiKwik ceded ground to later rivals in digital payments and is now turning it...
- Mobikwik launches loans on its appMobikwik has launched instant loan of Rs. 5000 on its app, in partnership with Bajaj Finserv.
- MobiKwik ready for loansStartup will become first among top mobile wallet cos to offer personal loans.
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