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MobiKwik
MobiKwik is a leading Fintech company based in India, renowned for its mobile wallet and Buy Now Pay Later (BNPL) services. With a mission to transform India into a cashless society, MobiKwik is focused on bringing the convenience, speed, and security of mobile payments to all of its users. The company's digital platform offers various services including recharging, bill payments, transfer money to banks, and shopping at local stores.
Founded in 2009 by Bipin Preet Singh and Upasana Taku, the company started as a digital wallet and has expanded its services to meet the needs of millions of users. Offering more than just a mobile payment system, MobiKwik enables users to make payments to various services, encompassing everything from ecommerce shopping to food delivery to bill payments. An impressive feature of the company is its peer-to-peer payment facility that enables transfers via the MobiKwik Wallet and the MobiKwik Wallet to bank payment system. The company has collaborated with more than 3 million ecommerce, retail, and biller partners and served over 101 million registered users. To boost its digital payment ecosystem, MobiKwik introduced its payment gateway subsidiary, Zaakpay, in 2012. The company also launched MobiKwik Zip, a flagship product designed to meet the credit needs of Indian middle-class citizens.
MobiKwik's innovative approach has positioned the company as a trusted partner in daily transactions, becoming an integral tool for modern, urban living. Even beyond basic payment and transfer services, MobiKwik diversifies its offerings by helping users manage their wealth and giving credit facilities. The company also offers services like Mutual funds, Digital Gold, Instant Loans, and Pay Later among others. To put it simply, MobiKwik does not just promise easier finance management; it brings this convenience right to your palm — solving financial transactions, investment, bill payments, shopping, and more at a few clicks. Its commitment to a cashless future, adapting to ever-changing consumer needs, and the ability to provide an array of financial services under one platform make MobiKwik a company to watch out for.