MobiKwik, the well-known Gurugram-based fintech platform, has just revealed a staggering net loss in its Q4 FY25 results, marking a sharp downturn from the same period last year. Despite a strong growth trajectory in payment volumes, the company’s financial performance has taken a hit, primarily due to rising operational costs and challenges in its credit business.
Key Financials: A Look at the…
MobiKwik, the popular fintech company known for its digital payments and financial services, has just taken a giant leap into the stock broking business. The company has launched a new subsidiary called Mobikwik Securities Broking Private Ltd. after receiving official approval from the Ministry of Corporate Affairs on March 3, 2025. This exciting expansion is a big shift for MobiKwik, and it’s…
Introduction: MobiKwik’s Bold Move in the Fintech Space
In a strategic move aimed at expanding its footprint in the ever-growing fintech landscape, MobiKwik, one of India’s leading digital payment platforms, has announced it is acquiring a 3.39% stake in Blostem Fintech. This partnership is expected to strengthen MobiKwik’s position in the fintech sector and open up new avenues for…
Zaakpay, a prominent payment gateway by MobiKwik, has announced an exciting integration with Meta that will enhance conversational commerce on WhatsApp. This collaboration aims to create a more convenient and efficient payment experience for both businesses and consumers.
Empowering Businesses and Consumers
The integration allows users to make payments directly within WhatsApp chats, offering a…
MobiKwik, the digital financial services platform, has marked a significant achievement by reporting its first-ever full-year profitability for FY24 after 15 years of operating at a loss. The company announced a Profit After Tax (PAT) of ₹14.08 crore, a substantial turnaround from the ₹83.81 crore loss in FY23. This milestone has boosted MobiKwik’s confidence as it prepares for its Initial…
