MobiKwik
Digital Credit for the Masses of India
Top Tier Investor
Overview
MobiKwik is India’s largest issuer-independent digital financial services platform, a mobile wallet major and a leading payment gateway. MobiKwik app is a leading mobile payment platform with a network of over 30 Lac direct merchants and 107 million plus users. Founded in 2009 by Bipin Preet Singh & Upasana Taku, the company has raised four rounds of funding from Sequoia Capital, American Express, Tree Line Asia, MediaTek, GMO Payment Gateway, Cisco Investments Net1 and Bajaj Finance.
MobiKwik has forged a string of smart partnerships with leading blue-chip brands such as BSNL, Bajaj Finserv Ltd and IndusInd Bank, impacting almost 260 million Indians. In August 2017, BSNL launched a mobile wallet developed & issued by MobiKwik. The company has partnered with Bajaj Finserv to develop an EMI wallet through which customers can avail credits and loans. Bajaj Finserv-MobiKwik wallet is also India’s first credit wallet.
MobiKwik has forged a string of smart partnerships with leading blue-chip brands such as BSNL, Bajaj Finserv Ltd and IndusInd Bank, impacting almost 260 million Indians. In August 2017, BSNL launched a mobile wallet developed & issued by MobiKwik. The company has partnered with Bajaj Finserv to develop an EMI wallet through which customers can avail credits and loans. Bajaj Finserv-MobiKwik wallet is also India’s first credit wallet.
Industries
Payments
Mobile Payments
Credit
Consumer Lending
Fin Tech