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zaakpay: Mobikwik's Zaakpay gets in-principle nod from RBI for payment aggregator licence

The central bank had rejected Zaakpays application for a payment aggregator licence last year. ET had reported earlier, citing sources, that failure to meet the RBIs net-worth criterion was one of the reasons for the rejection. ....

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Mobikwik-owned Zaakpay gets RBI's in-principle nod to operate as payment aggregator

The in-principle nod comes two years after Mobikwik filed an initial application with the RBI. In 2021, Mobikwik applied for the PA license for Zaakpay to RBI, however, the same was rejected and the firm re-applied in October 2022 ....

Upasana Taku , Reserve Bank , Payment Gateway ,

MobiKwik logs profit for 2nd quarter in row

India Business News: MobiKwik, set to go public, has achieved a second consecutive quarter of positive after-tax profits. The fintech company recorded a net profit of Rs 5 ....

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