Page 8 - Mobikwik
After IIT Delhi and JNU, MobiKwik in talks with IIM-A for going cashless
Transactions on its platform have surged 400% since note ban; user base up from 35 mn to 45 mn
 "After IIT Delhi and JNU, MobiKwik in talks with IIM-A for going cashless")
MobiKwik to help 30 lakh street vendors in making digital payments
The online payment system will train 10 lakh street vendors in three months time
Paytm dumping capital to gain customers: Bipin Preet Singh, Mobikwik CEO
His barbs were aimed at sector leader Paytm in which global e-commerce major Alibaba has a stake about 40%
 "Paytm dumping capital to gain customers: Bipin Preet Singh, Mobikwik CEO")
Mobikwik enables cashless payments at 112 toll plazas
In times of note ban paralysing payments for the country, MobiKwik has taken many initiatives to ease the common man's life
MobiKwik 'Lite' to enable free bank transfers till March 31
The app will focus to encourage use of mobile wallets in poor connectivity regions
Mobikwik receives NHAI nod to digitize payments for 391 pan India toll plazas
Users can pay at toll plazas with MobiKwik by opening their MobiKwik app, scanning the QR code
MobiKwik revises GMV sales target to $10 bn by next year
It has over 1 lakh merchants and 35 million customers at present and has witnessed a 40% jump in its application downloads since the demonetisation initiative
MobiKwik forays into consumer loan segment
Loan approval will be done within 30 minutes, and to begin with, loans or EMIs up to Rs 50,000 will be available for MobiKwik users
Mobikwik's auto recharge service registers 100,000 users
Auto recharge was launched by MobiKwik in August 2016 to further accentuate the users' experience
Our competition is doing a disservice to the ecosystem: Bipin Preet Singh
Interview with Chief Executive Officer, Mobikwik
 "Our competition is doing a disservice to the ecosystem: Bipin Preet Singh")
MobiKwik launches one step offline payments with 'Bubble Pin'
This pin can be generated on the MobiKwik app by clicking on 'Pay at store' and is valid for 60 seconds
MobiKwik ties up with 12 electricity boards from 8 states
State electricity boards which are tied up with MobiKwik are Bihar, MP, Odisha, Tripura, Meghalaya, West Bengal, Rajasthan and union territories of Daman and Diu
MobiKwik targets profits by April 2018; increases offline play
Last week, the company secured funding from South Africa's Net1, which announced that it will infuse $40 million into the company
MobiKwik raises $40 million from Nasdaq-listed Net1
With Net1's experience in building solutions for users in Africa's hinterland, MobiKwik could gain an edge over rivals such as Novopay
South Africa's Net1 to invest Rs 268 cr in MobiKwik
MobiKwik has over 32 mn mobile wallet users and 1 lakh retailers onboard, aims to reaxg 150 mn users and 5,00,000 merchants
Net1 to invest up to $40 million in MobiKwik over two years
It had previously raised three rounds of funding from investors including Sequoia Capital, American Express, MediaTeK
Mobikwik launches partial payment for bus tickets booking
It targets to book over 25000 daily bus bookings by December 2016
MobiKwik to power e-cash payments on 'Food on Track' app
This will be helpful for those who do not have access to net-banking, credit and debit cards
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MobiKwik's exclusive cash pick up service completes a million transactions
MobiKwik, the largest mobile payments company in India with over 32 million users and a network of 100000 merchants, today announced that its exclusive cash pick up service has completed 1 million transactions. The service was launched in September 2015 to cater to those users who are either unbanked or aren't comfortable using net-banking, credit or debit cards.Speaking on the announcement, Bipin Preet Singh, Founder CEO, MobiKwik, said: "We launched cash loading in MobiKwik last year with cash deposit & cash pick up and have been receiving exceptional response from the users. Completing 1 million transactions for this service is a milestone for us that further demonstrates how innovations brought to business to solve users' genuine concerns will always yield favourable results."By end of last year, India had 22.74 million credit cards users and 239 million smartphone users. This astonishing difference demonstrates why mobile wallet users are growing at a faster pace than ...
Mobikwik launches new version of its mobile wallet app
The new app is aimed at bringing onboard the mobile internet users, who have poor connectivity or are still using 2G connections