Page 6 - Mobikwik

Mobikwik receives NHAI nod to digitize payments for 391 pan India toll plazas

Users can pay at toll plazas with MobiKwik by opening their MobiKwik app, scanning the QR code

MobiKwik revises GMV sales target to $10 bn by next year

It has over 1 lakh merchants and 35 million customers at present and has witnessed a 40% jump in its application downloads since the demonetisation initiative

MobiKwik forays into consumer loan segment

Loan approval will be done within 30 minutes, and to begin with, loans or EMIs up to Rs 50,000 will be available for MobiKwik users

Mobikwik's auto recharge service registers 100,000 users

Auto recharge was launched by MobiKwik in August 2016 to further accentuate the users' experience

Our competition is doing a disservice to the ecosystem: Bipin Preet Singh

Interview with Chief Executive Officer, Mobikwik

MobiKwik launches one step offline payments with 'Bubble Pin'

This pin can be generated on the MobiKwik app by clicking on 'Pay at store' and is valid for 60 seconds

MobiKwik ties up with 12 electricity boards from 8 states

State electricity boards which are tied up with MobiKwik are Bihar, MP, Odisha, Tripura, Meghalaya, West Bengal, Rajasthan and union territories of Daman and Diu

MobiKwik targets profits by April 2018; increases offline play

Last week, the company secured funding from South Africa's Net1, which announced that it will infuse $40 million into the company

MobiKwik raises $40 million from Nasdaq-listed Net1

With Net1's experience in building solutions for users in Africa's hinterland, MobiKwik could gain an edge over rivals such as Novopay

South Africa's Net1 to invest Rs 268 cr in MobiKwik

MobiKwik has over 32 mn mobile wallet users and 1 lakh retailers onboard, aims to reaxg 150 mn users and 5,00,000 merchants

Net1 to invest up to $40 million in MobiKwik over two years

It had previously raised three rounds of funding from investors including Sequoia Capital, American Express, MediaTeK

Mobikwik launches partial payment for bus tickets booking

It targets to book over 25000 daily bus bookings by December 2016

MobiKwik to power e-cash payments on 'Food on Track' app

This will be helpful for those who do not have access to net-banking, credit and debit cards

MobiKwik's exclusive cash pick up service completes a million transactions

MobiKwik, the largest mobile payments company in India with over 32 million users and a network of 100000 merchants, today announced that its exclusive cash pick up service has completed 1 million transactions. The service was launched in September 2015 to cater to those users who are either unbanked or aren't comfortable using net-banking, credit or debit cards.Speaking on the announcement, Bipin Preet Singh, Founder CEO, MobiKwik, said: "We launched cash loading in MobiKwik last year with cash deposit & cash pick up and have been receiving exceptional response from the users. Completing 1 million transactions for this service is a milestone for us that further demonstrates how innovations brought to business to solve users' genuine concerns will always yield favourable results."By end of last year, India had 22.74 million credit cards users and 239 million smartphone users. This astonishing difference demonstrates why mobile wallet users are growing at a faster pace than ...

Mobikwik launches new version of its mobile wallet app

The new app is aimed at bringing onboard the mobile internet users, who have poor connectivity or are still using 2G connections

MobiKwik launches Cash Pick Up service in Jaipur after success in Bangalore, Mumbai

MobiKwik, India's largest independent mobile payments network and the only mobile wallet to offer cash loading services has announced tremendous growth of its 'Cash Pick Up' services at the rate of 75 percent month-on-month since its launch in October last year.After receiving great feedback and success in Delhi, Bangalore and Mumbai, the service has now been launched in Jaipur.Bipin Preet Singh, Founder CEO MobiKwik said, "We take pride in being the first mobile payment company to launch cash loading and cash pick up service last year, to extend the benefits of MobiKwik to unbanked Indians and help them in making hassle-free, cashless transactions at more than 75000 offline merchants and online stores.""We launched in three cities to assess how the service is received by our consumers and are pleased with the growth we have achieved within nine months, thus the service has now also been launched in Jaipur," added Bipin.This MobiKwik exclusive service allows users to add cash directly

MobiKwik gets $50 mn investment from strategic investors

The payment network firm has grown by 250% year-on-year for the last four years.

MobiKwik to increase fintech play, aims profits by 2017

Plans to diversify revenue streams by offering financial products like loans and mutual funds