Gurugram-based mobile wallet company MobiKwik has now entered the short-term consumer loan segment. Users can now avail short-term credit loans from its platform. They can also register themselves for ...

MobiKwik Systems' quarterly loss widened nearly eightfold as the digital payments company's exit from buy-now-pay-later loans sent revenue tumbling, overshadowing record growth in its core payments ...

India-based mobile wallet company MobiKwik has entered the short-term consumer loan segment, claiming to be the first wallet company in India to roll out this service, according to the release. Users ...

Technology has touched nearly every aspect of commerce and transaction these days. It’s no different when it comes to borrowing and loans. With Non-Banking Financial Companies (NBFCs) coming to the ...

Indian fintech outfit MobiKwik has announced that it is investing Rs 9.99 crore into its Non-Banking Financial Company (NBFC), MobiKwik Financial Services Private Limited (MFSPL), as per a regulatory ...

He said the company's loan distribution business is already very profitable based on the current quarter numbers also. "Our loan business used to generate margins upwards of 40 per cent, so now we are ...

MobiKwik’s situation perfectly illustrates the challenge facing payment companies in India. While Unified Payments Interface (UPI) adoption is driving impressive transaction volume growth (85% ...