Indian fintech firm One MobiKwik Systems said ​on Monday that its group has ‌received approval from the Reserve Bank of India for a non-banking financial company (NBFC) ​licence.

MobiKwik, an Indian financial services startup, has cut its planned IPO size for the third time, setting a price band of 265-279 Indian rupees ($3.1-3.3) that values it at $250 million — down sharply from its $924 million private valuation in 2021. The…

Shares in digital payments firm MobiKwik surged 82% to ₹507.5 ($6) on their first day of trading, as the Indian fintech company made its market debut amid fierce competition from larger rivals. The listing pushed MobiKwik’s market value to $464 million,…

Mobikwik e-Rupee : Mobikwik  launched e-Rupi (e₹), a Central Bank digital currency wallet. Mobikwik is working with the Reserve Bank of India (RBI) and Yes Bank on this program. Mobikwik was the very ...

Mobikwik e-Rupee : Mobikwik  launched e-Rupi (e₹), a Central Bank digital currency wallet. Mobikwik is working with the Reserve Bank of India (RBI) and Yes Bank on this program. Mobikwik was the very ...

The grey market is bullish on the IPOs of One MobiKwik Systems and Inventurus Knowledge, whereas the GMP has slipped for Vishal Mega Mart, International Gemmological Institute and Sai Life Sciences.

MobiKwik, a digital wallet player, on Tuesday announced that it has launched a full version of India's Central Bank Digital Currency (CBDC) eRupee in partnership with Reserve Bank of India (RBI) and Yes Bank. Payments platform CRED has launched a beta version of its eRupee wallet, developed in collaboration with the RBI and Yes Bank. Yes Bank's role as the first sponsor bank to enable CBDC issuance for a third party application provider (TPAP) like CRED exemplifies its commitment to driving innovation and supporting the future of digital payments, the company said in a statement.

Looking ahead, MobiKwik's focus remains on building a business that can thrive for the next five, 10 or even 20 years, said Bipin Preet Singh.

From MobiKwik swinging to profit to OpenAI and Snowflake’s new AI partnership, YourStory brings you today’s headlines with the latest developments across sectors. Featured stories Why STT rate revision is causing panic among stock market traders and brokerages During the Union Budget, Finance Minister Nirmala Sitharaman announced a significant increase in the Securities Transaction Tax (STT) levied on derivatives trading, causing quite a stir among traders and brokerages, which will come into effect from April 1, 2026.

Sept 16 : Shares of Paytm, One Mobikwik, Yes Bank advanced on Wednesday after India's payments authority introduced a 0.4 per cent fee on select person-to-merchant transactions above 2,000 rupees (about $20) from October 15.Paytm, One Mobikwik, Yes Bank and Axis Bank gained between 2 per cent-8 per cent in ea

Sept 16 : Shares of Paytm, One Mobikwik, Yes Bank advanced on Wednesday after India's payments authority introduced a 0.4 per cent fee on select person-to-merchant transactions above 2,000 rupees (about $20) from October 15.Paytm, One Mobikwik, Yes Bank and Axis Bank gained between 2 per cent-8 per cent in ea

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BharatPe, Cashfree, Freecharge, MobiKwik, Razorpay, PhonePe, Paytm and Skydo have been included in the list of the world's top fintech companies for 2026. The ranking was prepared by CNBC and research firm Statista after studying company growth, market performance, customer reach, and financial data across different fintech categories. These companies have been dominating the global fintech landscape. Reports have mentioned that payment companies are no longer focused solely on checkout solutions. They are now massively shifting toward real-time domestic and cross-border money movement. These companies have helped millions of people use digital payments , online investments, lending services, insurance, and business payment tools. Their presence on the global list also reflects India's growing role in the worldwide fintech market. Regtech and Wealth Technology are Growing Too The report shows that Wealth Technology has retained its position as the second-largest category, with 75 companies. However, Regtech has been introduced as a new category this year. A recent McKinsey report has shown that the global fintech industry generated $650 billion in revenue in 2025, which is 21% up from the previous year. The report also noted 31 notable fintech IPOs in 2025, raising the market capitalization of listed fintech companies to a record $850 billion. Why This Matters for Users The global recognition is not only good for the companies but also for customers. As competition increases, fintech firms are expected to improve their apps, strengthen security, and launch better services. Users may get faster payments, easier investing, and more financial products. The recognition could also encourage more innovation, giving people safer and more convenient ways to manage their money.