About the Company
MobiKwik Private Limited, now One MobiKwik Systems Limited, is a publicly listed Indian fintech Company. It operates as a digital financial services platform, offering a mobile wallet, various payment options, and financial products like digital loans, investments, and credit. The company’s platform connects users and merchants, facilitating payments and providing financial services.
Here’s a more detailed look:
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Digital Wallet and Payments:
MobiKwik’s core business is its mobile wallet, which allows users to send and receive money, pay bills, and shop online or at stores.
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Financial Services:
Beyond payments, MobiKwik offers a range of financial services, including instant digital loans, investments in digital gold, mutual funds, and fixed deposits, as well as P2P lending.
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Merchant Network:
MobiKwik connects with a large network of merchants, enabling users to pay for goods and services at various locations.
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Technology and Innovation:
MobiKwik leverages technology and data analytics to innovate and develop financial products, as stated on their website.
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Growth and Expansion:
MobiKwik has experienced significant growth, with a large user base and a strong merchant network.
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Buy Now Pay Later (BNPL):
MobiKwik has also expanded into BNPL services with MobiKwik Zip, helping users make payments for daily needs.
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Unified Payment Interface (UPI):
MobiKwik supports UPI payments through Pocket UPI, enabling users to make payments without linking bank accounts.
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Financial Literacy and Wealth Products:
MobiKwik has introduced wealth products to help users achieve financial independence.
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Public Listing:MobiKwik is now a publically listed company, as stated on their website.
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