Company Profile
One MobiKwik Systems provides digital payments and financial services for consumers and merchants in India and globally. The company offers payment services for consumers, such as recharge, utility payments, bill payments, merchant payments, and services through wallet; and operates prepaid payment instruments including wallet payment system, as well as Pocket UPI to make UPI payments through MobiKwik Wallet without linking bank account.
Its portfolio also includes MobiKwik ZIP, a pay-later product with a 30-day interest free credit line, ZIP EMI, a personal loan for salaried and self-employed individuals, co-branded credit cards backed by fixed deposits, Lens, a personal financial management product using bank data, Xtra, a peer to peer lending product, fixed deposits with RBI-registered NBFCs and banks, and mutual funds and digital gold distribution services.
Additionally, it offers personal finance management, which utilized account aggregator technology to provide consumers with a personal financial management product. Its portfolio also includes Lens.ai, an AI-based chatbot where users can have a conversation regarding finances, money-tracking solutions, and fixed deposit and stock broking services, soundboxes, and EDC E-H wallets
Online checkout for e-commerce merchants to accept payments. Its portfolio also includes Kwik QRs to scan and pay to retail merchant partners, MobiKwik Vibe, a QR enabled payment announcement device, MobiKwik EDC Machine, a point-of-sale machine to accept various modes of in-person payments, and merchant cash advance credit products. One MobiKwik Systems Limited was incorporated in 2008 and is based in Gurugram, India.