{"id":4497,"date":"2025-04-24T08:31:29","date_gmt":"2025-04-24T08:31:29","guid":{"rendered":"https:\/\/founderlabs.in\/?p=4497"},"modified":"2025-04-24T08:33:04","modified_gmt":"2025-04-24T08:33:04","slug":"mobikwik-forms-new-subsidiary-to-bolster-financial-services-push","status":"publish","type":"post","link":"https:\/\/www.founderlabs.in\/?p=4497","title":{"rendered":"MobiKwik Bolsters Financial Services Push"},"content":{"rendered":"

In a major move to expand its footprint in India\u2019s financial ecosystem, MobiKwik has incorporated a new wholly owned subsidiary:\u00a0Mobikwik Financial Services Private Limited<\/a> (MFSPL). The newly established entity will operate as a\u00a0Non-Banking Financial Company (NBFC) and\u00a0<\/span>offer a diverse range of lending and asset financing services.<\/p>\n

From Payments to Full-Stack Financial Services<\/strong><\/h2>\n

Best known for its digital wallet and payments services, MobiKwik is now pivoting toward becoming a full-stack fintech player. Through MFSPL, the company will provide financial solutions such as loans, leasing, hire purchase, and asset-based lending for vehicles, equipment, real estate, and more.<\/p>\n

Although MFSPL is yet to commence operations, the move marks a long-term vision to diversify revenue streams and reduce reliance on payments alone. This will allow MobiKwik to tap into the booming demand for digital credit and lending in Tier 2 and 3 markets.<\/p>\n

Recent Strategic Expansions<\/strong><\/h2>\n

This development comes close on the heels of other significant announcements by the Gurugram-based fintech firm. In March, MobiKwik launched Mobikwik Securities Broking Private Limited (MSBPL), a wholly owned subsidiary focused on retail investing. It also partnered with Poonawalla Fincorp to roll out instant personal loans under its ZIP EMI product.<\/p>\n

Together, these expansions indicate a broader shift in MobiKwik\u2019s strategy \u2014 from being a transaction-focused business to a multi-service financial platform.<\/p>\n

User Base and Financial Performance<\/strong><\/h2>\n

As of Q3 FY25, MobiKwik reported:<\/p>\n

    \n
  • \n

    172 million registered users<\/p>\n<\/li>\n

  • \n

    5 million merchant partners<\/p>\n<\/li>\n

  • \n

    Revenue of \u20b9269 crore<\/p>\n<\/li>\n

  • \n

    Net loss of \u20b955.2 crore<\/p>\n<\/li>\n<\/ul>\n

    The company aims to leverage its massive user base to cross-sell financial products and improve profitability in the long run. At the close of trading on Wednesday, MobiKwik\u2019s stock was priced at around \u20b9280 per share.<\/p>\n

    A New Chapter in MobiKwik\u2019s Journey<\/strong><\/h2>\n

    By stepping into the NBFC space, MobiKwik joins a growing list of fintech players like Paytm, Cred, and BharatPe aiming to own the credit value chain. This not only strengthens its core offerings but also signals a long-term commitment to lending and financial inclusion.<\/p>\n

    As MobiKwik awaits regulatory approvals and gears up for launch, the market will be watching how it leverages its new subsidiary to drive the next phase of growth.<\/p>\n","protected":false},"excerpt":{"rendered":"

    In a major move to expand its footprint in India\u2019s financial ecosystem, MobiKwik has incorporated a new wholly owned subsidiary:\u00a0Mobikwik Financial Services Private Limited (MFSPL). The newly established entity will operate as a\u00a0Non-Banking Financial Company (NBFC) and\u00a0offer a diverse range of lending and asset financing services. From Payments to Full-Stack Financial Services Best known for […]<\/p>\n","protected":false},"author":7,"featured_media":4498,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[293],"tags":[],"class_list":{"0":"post-4497","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-top-news"},"yoast_head":"\nMobiKwik Bolsters Financial Services Push - Founderlabs<\/title>\n<meta name=\"description\" content=\"MobiKwik expands into lending with a new NBFC arm to offer financial services beyond digital payments.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.founderlabs.in\/?p=4497\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MobiKwik Bolsters Financial Services Push\" \/>\n<meta property=\"og:description\" content=\"MobiKwik expands into lending with a new NBFC arm to offer financial services beyond digital payments.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.founderlabs.in\/?p=4497\" \/>\n<meta property=\"og:site_name\" content=\"Founderlabs\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/founderlabsindia\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-24T08:31:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-24T08:33:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.founderlabs.in\/wp-content\/uploads\/2025\/04\/Mobikwik-image.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"320\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Swati Mandal\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@founderlabs_ind\" \/>\n<meta name=\"twitter:site\" content=\"@founderlabs_ind\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Swati Mandal\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.founderlabs.in\\\/?p=4497#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.founderlabs.in\\\/?p=4497\"},\"author\":{\"name\":\"Swati Mandal\",\"@id\":\"https:\\\/\\\/www.founderlabs.in\\\/#\\\/schema\\\/person\\\/fcca133e92ea2eba81569a4e690a9b38\"},\"headline\":\"MobiKwik Bolsters Financial Services Push\",\"datePublished\":\"2025-04-24T08:31:29+00:00\",\"dateModified\":\"2025-04-24T08:33:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.founderlabs.in\\\/?p=4497\"},\"wordCount\":360,\"image\":{\"@id\":\"https:\\\/\\\/www.founderlabs.in\\\/?p=4497#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.founderlabs.in\\\/wp-content\\\/uploads\\\/2025\\\/04\\\/Mobikwik-image.webp\",\"articleSection\":[\"Top news\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.founderlabs.in\\\/?p=4497\",\"url\":\"https:\\\/\\\/www.founderlabs.in\\\/?p=4497\",\"name\":\"MobiKwik Bolsters Financial Services Push - 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