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Fintech stocks underperform: What's behind the massive valuation reset?

Larger platforms like PB Fintech and One97 Communications (Paytm) have closely tracked or slightly underperformed the Nifty 50, displaying far better resilience than sub-scale players

Fintech stocks underperform: What's behind the massive valuation reset?
Updated On : 18 May 2026 | 10:33 AM IST

Mobikwik reports ₹4.4 cr net profit, revenue from ops up 7.8% in Q4

MobiKwik returned to profitability in the fourth quarter of FY26 as lower expenses and reduced payment processing costs supported margins amid stable revenue growth

Mobikwik reports ₹4.4 cr net profit, revenue from ops up 7.8% in Q4
Updated On : 12 May 2026 | 3:01 PM IST

Stocks to Watch today: Eternal, Ceat, Bandhan Bank, GRSE, Canara HSBC Life

Stocks to Watch today, April 29, 2026: Eternal, Ceat, Bandhan Bank, BHEL, Mobikwik, and Canara HSBC Life Insurance are some of the key stocks to watch today

Stocks to Watch today: Eternal, Ceat, Bandhan Bank, GRSE, Canara HSBC Life
Updated On : 29 Apr 2026 | 8:17 AM IST

Sebi extends ring-fencing deadline for DTs; Peak XV exits MobiKwik

The transaction marks the firm's complete exit from the Gurugram-based fintech, where it was an early institutional investor

Sebi extends ring-fencing deadline for DTs; Peak XV exits MobiKwik
Updated On : 29 Apr 2026 | 12:49 AM IST

Peak XV Partners fully exits Mobikwik in block deal worth ₹130 crore

Venture capital firm Peak XV Partners has fully exited from fintech firm One MobiKwik Systems through a block deal of over Rs 130 crore, sources aware of the development said. According to sources, Peak XV was one of the early investors in the firm and exited at three times of its investment value. "Peak XV Partners has sold around 61 lakh shares, about 7.7 per cent of the company share capital, at an average sale price of Rs 214 share apiece. The total deal size is close to Rs 130 crore. With this sale, Peak XV has completely exited from the firm," a source said. A query sent to Peak XV and One Mobikwik elicited no immediate reply. Florintree, Viridian Asset Management, Dymon Asia and Karma Capital have bought stakes from Peak XV. The development comes a day after the company announced RBI granting a NBFC license for its new subsidiary- MobiKwik Financial Services Pvt Ltd.

Peak XV Partners fully exits Mobikwik in block deal worth ₹130 crore
Updated On : 28 Apr 2026 | 12:16 PM IST

MobiKwik's NBFC arm likely to launch operations in 2026: Upasana Taku

MobiKwik gets RBI nod for NBFC arm, plans lending launch in 2026; move to boost fintech stack, expand credit offerings, and tap co-lending opportunities

MobiKwik's NBFC arm likely to launch operations in 2026: Upasana Taku
Updated On : 27 Apr 2026 | 11:49 PM IST

MobiKwik gets RBI's nod for non-banking financial company licence

The licence will allow MobiKwik to launch a lending arm, Mobikwik Financial Services, expanding its regulated credit offering

MobiKwik gets RBI's nod for non-banking financial company licence
Updated On : 27 Apr 2026 | 2:22 PM IST

RBI's nod for NBFC licence sends MobiKwik shares flying 20% on bourses

The NBFC's operations, however, will commence upon receipt of the Certificate of Registration (CoR) from the RBI, subject to the fulfilment of certain conditions

RBI's nod for NBFC licence sends MobiKwik shares flying 20% on bourses
Updated On : 27 Apr 2026 | 2:20 PM IST

Fintech firm MobiKwik to double down on payment devices business

MobiKwik plans to scale soundbox and EDC deployment, targeting 10% revenue contribution as it expands offline merchant acquiring beyond Tier I cities

Fintech firm MobiKwik to double down on payment devices business
Updated On : 19 Mar 2026 | 10:13 PM IST

MobiKwik appoints chief risk officer to oversee comprehensive fraud risks

MobiKwik appoints Anis Pathan as chief risk officer to strengthen enterprise risk management, fraud prevention and compliance across payments, lending and broking businesses

MobiKwik appoints chief risk officer to oversee comprehensive fraud risks
Updated On : 19 Mar 2026 | 4:07 PM IST

One Mobikwik Systems share price surges 13% on BSE broking approval

One Mobikwik Systems jumped 12.7 per cent to ₹227.4 on the National Stock Exchange (NSE) in Tuesday's trading session.

One Mobikwik Systems share price surges 13% on BSE broking approval
Updated On : 24 Feb 2026 | 10:15 AM IST

Stocks to Watch today, Feb 24: BPCL, IDFC First Bank, Vi, Mobikwik, M&M

Stocks to Watch today, February 24, 2026: From IDFC First Bank to BPCL, here is a list of shares that will be on investors' radar today

Stocks to Watch today, Feb 24: BPCL, IDFC First Bank, Vi, Mobikwik, M&M
Updated On : 24 Feb 2026 | 8:24 AM IST

MobiKwik turns profitable in Q3FY26 on revenue growth, lower costs

Fintech firm MobiKwik reported a consolidated net profit of ₹4.04 crore in Q3FY26, aided by revenue growth and a sharp decline in expenses, after posting losses in earlier quarters

MobiKwik turns profitable in Q3FY26 on revenue growth, lower costs
Updated On : 03 Feb 2026 | 2:37 PM IST

MobiKwik's Q2 loss widens to ₹28.6 cr amid 5% drop in total income

The fintech firm reported a ₹28.61 crore loss in Q2 FY26, citing a ₹40 crore fraud incident, even as expenses fell and partial recovery efforts were initiated

MobiKwik's Q2 loss widens to ₹28.6 cr amid 5% drop in total income
Updated On : 04 Nov 2025 | 11:27 PM IST

BNPL not returning, says MobiKwik as losses widen to Rs 28.6 crore

MobiKwik's Q2FY26 loss widened to Rs 28.6 crore even as it tightened expenses. The fintech firm will not revive its BNPL product and is betting on ZIP-EMI and personal loans for growth.

BNPL not returning, says MobiKwik as losses widen to Rs 28.6 crore
Updated On : 04 Nov 2025 | 6:51 PM IST

Fintech firm MobiKwik freezes 2,000 merchant accounts after ₹40 cr loss

MobiKwik froze 2,000 merchant accounts after a technical error caused unauthorised settlements worth Rs 40 crore, with Rs 14 crore recovered and FIRs filed in Haryana

Fintech firm MobiKwik freezes 2,000 merchant accounts after ₹40 cr loss
Updated On : 18 Sep 2025 | 8:47 PM IST

Mobikwik reports financial fraud in Haryana; says user accounts unaffected

Fintech firm One MobiKwik Systems on Thursday confirmed that a technical glitch had led to unauthorised payments in and around one district of Haryana last week, and said remedial measures had been taken with financial impact contained and quantified. The company, in a statement, clarified that the incident did not affect UPI, wallet payments, or user account balances. "MobiKwik confirms that an isolated technical issue on September 11-12, 2025, led to certain failed transactions being incorrectly marked as successful, resulting in unauthorised payouts to some merchants in and around the Nuh district of Haryana. A few merchants and users from this area exploited this issue to gain undue financial benefit. "Upon identification in the early hours of September 12, the Company immediately took corrective action and resolved the issue within 45 minutes. The total financial impact has been contained and quantified," it said, adding that no employees, management personnel or insiders were

Mobikwik reports financial fraud in Haryana; says user accounts unaffected
Updated On : 18 Sep 2025 | 8:12 PM IST

Mobikwik shares drop 3% amid ₹40-crore fraud prob; details here

One Mobikwik said it has reported a fraud incident in which registered merchants in Haryana colluded to claim unauthorised settlements

Mobikwik shares drop 3% amid ₹40-crore fraud prob; details here
Updated On : 17 Sep 2025 | 10:56 AM IST

Mobikwik shares slide 6% after 50% surge in Sept; start of a breakdown?

One Mobikwik share price today: According to tech charts, the stock has broken out of its months-long consolidation phase and is testing the higher end of the Bollinger Band on the daily chart

Mobikwik shares slide 6% after 50% surge in Sept; start of a breakdown?
Updated On : 09 Sep 2025 | 1:43 PM IST

Prudent Board buys Indus Capital; Wealth Company MF launches debut scheme

Investment platform Enrich Money on Monday said it has become the first mutual fund (MF) distributor to allow MF systematic investment plan (SIP) of as low as ₹10

Prudent Board buys Indus Capital; Wealth Company MF launches debut scheme
Updated On : 08 Sep 2025 | 11:28 PM IST