Pine Labs, MobiKwik, Paytm Shares Fall on UPI MDR Rollout Delay Reports
Shares of major digital payment companies came under pressure on Thursday, October 8, after reports suggested that the planned rollout of Merchant Discount Rate (MDR)...
Tag : Mobikwik
MobiKwik Completes Lending Business Transfer to New Arm
MobiKwik has transferred its entire digital lending business to wholly-owned subsidiary MDSPL, completing a key condition for its NBFC licence. One MobiKwik Systems has moved...
MobiKwik Shares Jump 8% After Third Profitable Quarter
MobiKwik shares touched a day high of Rs 222.80 on Monday after the fintech company posted its third straight profitable quarter. The numbers tell a...
Mobikwik Shares Jump 13% After ADIA Exit via Block Deals
Shares of One Mobikwik Systems Ltd rallied 13% to touch a day’s high of Rs 273.60 on 2nd September after the Abu Dhabi Investment Authority...
Payments Council Launches Common Icon Library for Uniformity, Fraud Prevention
The Payments Council of India (PCI), the apex body for payment and settlement players in the country, has launched an initiative called ‘Project Pratima’ to...
RBI Asks Paytm to Reapply for Payment Aggregator License in 120 Days
On November 26, Paytm informed exchanges that the Reserve Bank of India (RBI) had asked to Paytm Payment Services (PPSL) to reapply for the payment...
Mobikwik Appoints Mukul Saxena as CEO of Its Financial Services Platform Zaakpay
MobiKwik, a unicorn fintech company backed by Sequoia Capital, said on Friday that Mukul Saxena, a former employee of the IndusInd Bank, has been named...
Mobikwik Seeks to Raise $100 Million After Delaying IPO
One Mobikwik Systems Ltd. is talking with investors to raise $100 million in equity to fund business expansion after delaying its initial public offering, a...
Investors Put In $135 Million, CoinDCX’s Valuation Tops $2 Billion
CoinDCX has raised $135.9 million (approximately Rs 1,000 crore) from investors led by Pantera Capital and Steadview Capital, doubling its valuation in eight months. The...
Kotak Halts Crypto Trade With CoinSwitch Kuber
Kotak Bank has temporarily halted payments to and from their exchange partner CoinSwitch Kuber. While no formal announcement has been made regarding the suspension of...