MobiKwik is one of the largest Mobile Wallet and Buy Now Pay Later (BNPL) platforms in India. Founded in 2009 by Bipin Preet Singh and Upasana Taku, MobiKwik commenced operations as a Mobile Wallet and has since expanded its product offerings to Buy Now Pay Later, Payment Gateway, Wealthtech & Insurtech. Its tech platform has achieved massive scale with over 108 million Registered Users, 22.3 million pre-approved BNPL users and more than 3.4 million merchant partners.
The company launched MobiKwik Zip, its flagship BNPL product in 2019 to provide the fast-growing digitally paying Indians their first credit experience. The company believes that BNPL for daily life payments is the only way to deliver financial freedom to millions of Indians.