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The Latest Breaking News from Mobikwik

Paytm, MobiKwik, Pine Labs shares rally up to 6% after govt announces UPI fees above Rs 2,000. Why brokerages are bullish

Paytm, MobiKwik and Pine Labs are likely to remain in focus after the government announced MDR on select UPI transactions above Rs 2,000. From October 15, merchants will pay a 0.4% fee on eligible P2M UPI transactions, capped at Rs 300 for payments of Rs 75,000 or more.

The Economic Times

MobiKwik expands digital forex retail service to six currencies

MobiKwik has expanded its digital foreign exchange service to six currencies, including the UAE dirham and euro. This new multi-currency offering is available through a partnership with NPCI Bharat BillPay Limited. Customers can now digitally book foreign currency and remit money overseas with transparent pricing. Currency notes can be collected…

The Economic Times

One MobiKwik Q1 Results: Firm reports profit for 3rd consecutive quarter; stock jumps 9% on strong performance

Fintech firm MobiKwik reported a consolidated profit of Rs 7.6 crore for the April-June quarter. This marks a significant turnaround from a net loss of Rs 41 crore in the prior year. Revenue from operations saw a modest increase of 3.7 percent to Rs 281.48 crore. The company highlighted three…

The Economic Times

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One MobiKwik Systems Q1 Results: Co posts Rs 7.6-cr profit vs Rs 419 cr loss YoY

Fintech firm MobiKwik reported a consolidated profit of Rs 7.6 crore for the April-June quarter. This marks a significant turnaround from a net loss of Rs 419.2 crore in the prior year. Revenue from operations saw a modest increase of 3.7 percent to Rs 281.48 crore. The company highlighted three…

The Economic Times

Mobikwik shares in focus as IPO lock-in expiry frees up stake worth Rs 317 crore for trade

The shares of the fintech platform had made a solid market debut in December, 2024, listing with nearly 59% premium over the IPO price at Rs 442.25 apiece on BSE. This came after the initial public offering (IPO) of the fintech platform that aimed to raise Rs 572 crore saw…

The Economic Times

Listed digital payment majors finally turn a corner in FY26

Growth in the core payments business, expansion across credit products and wider adoption of revenue-generating payment instruments like credit cards on UPI, helped payment companies strengthen their bottom lines.

The Economic Times

IPO investors brace for 70 lock-in expiries worth $35 billion in three months. Do you own any?

According to Nuvama Alternative & Quantitative Research, the Indian stock market is set to witness a significant wave of lock-in expiries between May 26 and August 31, as shares of 70 recently listed companies worth nearly $35 billion become eligible for trading.

The Economic Times

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Mobikwik gets RBI nod for offline payment aggregator licence

Mobikwik Systems secured RBI's in-principle nod for a Payment Aggregator-Physical license, paving the way for offline merchant payments. This strategic move, following an NBFC license, targets significant growth in under-penetrated markets, aiming for 10x expansion in its merchant business by FY28.

The Economic Times

MobiKwik shares surge 8% after the company gets RBI nod for payment aggregator license

One MobiKwik Systems shares surged after the company received in-principle RBI approval for its Payment Aggregator-Physical licence, strengthening its offline merchant payments business. The fintech firm also reported a return to profitability in Q4 FY26, supported by revenue growth and improving operational performance across its merchant ecosystem.

The Economic Times

Fintechs trade the wild west for regulatory licences

India's leading fintech firms, once disruptors, are now actively seeking regulatory licenses to ensure sustainable growth. Companies like PB Fintech, Mobikwik, and Paytm are pursuing multiple licenses across payments, lending, and wealth management. This strategic shift allows them to manage the entire customer lifecycle and capture greater revenue, driven by…

The Economic Times

Groww investors make bank; Mobikwik, Fractal's Q4 profits surge

Groww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ETtech Top 5.

The Economic Times

Stocks in news: Groww, Dr Reddy's, Waaree Energies, Lenskart, SBI

Markets experienced a sharp risk-off session on Monday, with indices declining amid broad selling. Investors are advised to avoid aggressive index bets and await clearer directional signals. Pharma and healthcare stocks remain preferred, while dips in energy and metal sectors offer accumulation opportunities.

The Economic Times

Crypto payments are frozen across India, hitting trading

BENGALURU: When Surojit Chatterjee walked on stage at a Coinbase Global Inc conference in Bengaluru, India, on April 7, he had little reason to anticipate the fallout that would shortly ensue. Chatterjee, the company’s chief product officer, told the assembled audience that crypto investors would now be able to use…

The Times of India

Regulatory Hammer Gives Another Blow To Bitcoin, Ethereum, Dogecoin In India

A shadow of fear and uncertainty in India's cryptocurrency ecosystem has brought the top exchanges in the country to their knees with trading volumes for the likes of Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and

Benzinga

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