MobiKwik Secures RBI Approval for Offline Payment Aggregator Operations Following NBFC Clearance
Mobikwik received RBI approval for a PA-P licence, aiming for 10X growth in offline merchant payments.
Tag: Mobikwik
Mobikwik Delivers Impressive Financial Results with Rs 289 Cr Revenue and Rs 4.4 Cr Profit in Q4 FY26
MobiKwik swung to a profit of Rs 4.4 crore in Q4 FY26, recovering from a loss of Rs 56 crore ...
Peak XV Completes Entire Exit from MobiKwik with ₹130 Crore Block Transaction: Sources Say
Venture capital firm Peak XV Partners has exited MobiKwik through a block deal worth around Rs 130 crore.
MobiKwik Secures RBI Approval for NBFC License and Readies to Introduce In-House Lending Division
Fintech firm One MobiKwik Systems has secured approval from the RBI for its NBFC application, marking a key step.
Mobikwik Sees Eightfold Increase in Losses for Q2 FY26
MobiKwik's Q2 FY26 revenue fell 7% to Rs 270 crore, while losses surged 8X to Rs 28.6 crore.
MobiKwik’s COO of Consumer Payments Mohit Narain Resigns
MobiKwik COO Mohit Narain resigns for health reasons, effective October 24, 2025, after joined in 2018.
MobiKwik Addresses Concerns: Fraud Linked to Internal Malfunction, Not Cybersecurity Breach
MobiKwik clarified that a recent Rs 40 crore fraud was due to an isolated technical issue, not a breach.
MobiKwik Faces ₹40 Crore Fraud in Haryana, Recovers ₹14 Crore to Date
MobiKwik reported a fraud involving merchants and users from Haryana, leading to a FIR for Rs 40 crore.
Net1 Divests from Mobikwik After Eight Years, Facing Significant Losses
Net1 has sold its 8% stake in MobiKwik for Rs 143 crore, exiting a long-standing investment in the fintech.
Paytm Introduces New ESOPs Valued at ₹215 Crore
Fintech major Paytm has rolled out fresh employee stock option grants worth Rs 215 crore.
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