MobiKwik's revenues up 134% in FY20 on the back of consumer payments and fintech lending
January 21, 2021 MobiKwik’s net revenues grew by 134% to ₹379 crore at the end of FY20 from ₹162 crore on the back of higher revenue from consumer payments. The mobile payments app has a user-base of 120 million and has been expanding its product offerings with lending and investment options over the past year, it said in a blogpost. The payments company founded in 2009 by Bipin Preet Singh and Upasana Taku has raised a total of $100 million in funding from Sequoia Capital, Bajaj Finance,...
India General United States Kris Gopalakrishnan Bipin Preet Singh Upasana Taku Digital Lenders Association Of India
Source: medianama.com