Search Results for: mobikwik

Indian Payments Platform MobiKwik Partners with DT One on International Expansion

MobiKwik has partnered with DT One (formerly TransferTo) to expand internationally. MobiKwik is an India-based Fintech in the payments space. DT One One is a global B2B network for “mobile top-ups/recharge, rewards and airtime credit services.” Indian users will now be able to add money… Read More

MobiKwik Stays on Growth Path: Adds New Key Mobile Wallet Team Members Deepak Batra, Jalaj Khurana, Chandan Joshi

In the last few months, MobiKwik’s CPO Rohan Khara, CBO Vineet Singh and CMO Daman Soni, resigned from the platform. This week, CRO Puneet Agarwal also called it quits. “MobiKwik is evolving to become India’s largest digital financial services platform. We are in the process of rejigging… Read More

MobiKwik & Yes Bank Tapped for Microsoft Kaizala Digital Payments; MobiKwik’s Vineet Singh Resigns

Digital payments services are now live on India’s Microsoft Kaizala. By integrating the payment and both organizations’ mobile payment infrastructure services of Yes Bank and MobiKwik, Microsoft Kaizala users may swiftly send or receive money without having to leave the Kaizala mobile app. With Microsoft Kaizala, users will… Read More

Ain’t No Stopping MobiKwik, Indian Mobile Wallet Celebrates New Partnership with Samsung Pay

Indian mobile wallet MobiKwik has linked with Samsung Pay, integrating with Samsung Pay Mini to enable one-tap payments at merchants using Mobikwik. “We are enthused by the tremendous response Samsung Pay has received since its launch, both from our consumers as well as partners. Moving… Read More

MobiKwik Phones Home, Adds 95 Million Users with New Telecom Partnership

India-owned telecom company Bharat Sanchar Nigam Limited (BSNL) and Indian mobile wallet platform MobiKwik have synced to develop BSNL’s mobile application, according to a release. MobiKwik will co-create BSNL wallet, a new semi-closed wallet to facilitate payment and also sell BSNL products. “We are proud to associate with BSNL in… Read More

MobiKwik Reaches for Unicorn Status, Set to Raise Funding from BlackRock

One billion dollars. MobiKwik is set to raise funds from investors including BlackRock Inc. which will value the innovative Indian Fintech company at about $1 billion, according to Bloomberg. Headquartered in Gurgaon, MobiKwik offers a mobile phone based payment system. Customers add money to an online wallet that… Read More

India Mobile Payment Buzz: Potential MobiKwik FreeCharge Merger

According to multiple new sources, MobiKwik and FreeCharge are considering an all-stock deal merger. Post-merger, the platform also anticipates an additional $200 million (nearly Rs 1,300 crore) injection from an unnamed Chinese investor. FreeCharge, part of online marketplace Snapdeal, has reportedly been seeking a buyer for some time, having recently… Read More

Yes We Can! MobiKwik Co-Founder Upasana Taku to Indian PM Modi: It’s Time to Pass the Women’s Reservation Bill

Yesterday, on International Women’s Day, MobiKwik co-founder Upasana Taku wrote to Indian Prime Minister Narendra Modi, urging him to consider the passage of Women’s Reservation Bill, which is aimed to reserve 33% of seats in Lok Sabha and all state legislative assemblies for women. Taku indicted that Mobikwik… Read More

Unicorn Spotting? MobiKwik Seeking Cash Infusion to Secure $1B Valuation

Mobile payments and digital wallet firm MobiKwik is reportedly  in talks to raise funding that would give the startup a $1 billion valuation, forging new ties with banks and offering new financial services on its growing platform, according to multiple news sources. Potential investor parties and sought funding… Read More

All In: MobiKwik Hits Million Merchants on Payment Network

Indian mobile wallet platform MobiKwik announced that it had signed the millionth merchant on its payment network, registering 1,000 percent growth since the demonetization of high value currency notes. The company recently partnered with Amul and NASVI to facilitate acceptability and adoption of digital mode of payments. “We are committed… Read More

MobiKwik Co-Founder Upasana Taku Comments: No Transaction Fee for Unorganized Retail Merchants ‘Til 2017!

No transaction fees until 2017! The India-based online recharge and mobile wallet company MobiKwik announced that it is waving its per transaction fee for all unorganized retail merchants until December 31 to promote the adoption of e-cash among the local grocery stores, chemists, apparel stores… Read More

Brief: ZappFresh Taps MobiKwik’s Shrivastava for CTO

Moving from fintech to farmtech. Online meat brand ZappFresh has appointed former MobiKwik executive Ankur Shrivastava as the CTO where he will be responsible for building a 360 degree farm tech supply chain architecture and developing technology and processes for farmtech which will help connect farmers, vendors… Read More

Indian Fintecher MobiKwik’s UPI Takes Off, Partners with ICICI Bank

India-based mobile wallet company MobiKwik announced the launch of a UPI (Unified Payments Interface) on its platform which enables users to access online payments with added services including netbanking, wallets, and credit/debit cards. In addition, MobiKwik entered into a partnership with ICICI Bank which allows users to load money into their… Read More

India’s MobiKwik Opens Mobile Wallet to Include Short-Term Consumer Loans

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 may also register themselves for EMIs. The approval for each loan request will be done within thirty… Read More

MobiKwik Taps GMO Payment Gateway & MediaTek for Successful Series C Round

MobiKwik, a Gurgaon, India based mobile wallet company, has raised an undisclosed amount of funding led by Japanese GMO Payment Gateway and Taiwanese fabless semiconductor company MediaTek, according to a company press release. The round was part of Series C round raised last month, which included participation from its existing investors… Read More

Stripe Follows PayPal’s Passage into India, Initiates Invite-Only Beta

Attention MobiKwik, RazorPay and PayPal, Payments startup Stripe has just announced its entrance into the Indian mobile wallet sector! “Today we’re starting an invite-only beta for Stripe in India with a small group of companies. These businesses will help us test our platform in the… Read More

CB Insights Announces Fintech 250: Emerging Tech Makes Permanent Change

Each year CB Insights publishes The Fintech 250, recognizing the 250 top private companies changing the face of financial services around the world. From insurance to blockchain to lending to wealth management to regtech, the alphabetical list is comprised of companies in sectors from across… Read More

Indian Mobile Wallet Paytm Acquires FreeCharge, in Talks with SoftBank

Paytm is now in talks with SoftBank to raise up to $1.9 billion in fresh funding, hiking its value to a cool $8 billion or more, according to multiple new sources. Paytm counts over 218 million wallet users; last month alone Paytm clocked 255 million transactions.  Founded… Read More

KPMG/CB Insights Report: Fintech VC Investments Drop for Second Consecutive Quarter

After quarterly fintech investment to VC-backed companies peaked as high as US$5B+ in 2015, investors continue to take a much more cautious approach this year, according to the Pulse of Fintech, the quarterly report on global fintech VC trends published jointly by KPMG International and… Read More

India Fintech Paytm Gets $60M Capital Injection from MediaTek

Delhi-based One97 Communications, which runs mobile payment and ecommerce platform Paytm, has received Rs 400 crore ($60 million) from Taiwanese semiconductor maker MediaTek’s Mountain Capital Fund, reported the India Times.  The deal, which was ratified by the board of directors earlier this week, more than doubles Paytm’s… Read More

Send this to a friend