A Comparison Of Mobikwik & Paytm’s Financial Performance
Regarding India’s digital wallet space, two names that come to everyone’s mind are Mobikwik and Paytm. Both companies have a strong online presence and almost similar business trajectories. These companies offer mobile wallet services and daily support online transactions through Unified Payment Interface (UPI). However, after the demonetisation in India, the growth of Mobikwik differs […]
MobiKwik Growth Trajectory: What Are Its Growth Plans?
Turning profitable in the March quarter of the financial year 2023, the growing fintech company MobiKwik is leading its way to become a thriving business in the coming years. The company’s co-founder, Upasana Taku, notified that it is expected to double its revenue in the current financial year, accounting for Rs. 1,000 crores. This has […]
How Has The Paytm IPO Scarred Mobikwik’s Unlisted Shares?
The closing of the initial public offering (IPO) of fintech giant Paytm impacted the unlisted share pricing of the digital payment unicorn MobiKwik; the reported decline was between 9.7-11.6 %. As per the Mint’s report, investor sentiment for smaller unlisted fintech rival MobiKwik has been negatively impacted by Paytm’s weak debut and ongoing performance. The […]
Mobikwik Foray into P2P Lending with RBI-registered NBFC Lendbox
India’s leading fintech startup, Mobikwik, is foraying into P2P Lending with RBI-registered NBFC Lendbox. Founded in 2009 by Bipin Preet Singh and Upasana Taku, Mobikwik provides a mobile wallet to make digital payments convenient for all users in India. Its services include eCommerce shopping, bill payment, food delivery, petrol pumps, large retail chains, kirana stores, […]
