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MobiKwik bullish on core business, buy-now-pay-later launched in May 2019

The firm currently has 22.3 mn pre-approved BNPL users and is handling over 4 mn such transactions a year. It is seeing 14x growth from a year ago

Topics
MobiKwik | payments

Neha Alawadhi  |  New Delhi 



MobiKwik co-founder and chief operating officer Upasana Taku.
MobiKwik co-founder and chief operating officer Upasana Taku.

In the first quarter of this financial year, financial technology firm MobiKwik, which filed an initial public offering in July, acquired almost seven million users. It expects to get 20-30 million new users in this year, but with an and larger proceeds in the bank, it will be investing more in user acquisition, merchant acquisition, and brand marketing, said co-founder and chief operating officer Upasana Taku.

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First Published: Wed, October 06 2021. 19:26 IST

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