Saturday, April 20, 2024
Outlook.com
Outlook India
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Mobikwik

Pocket UPI safeguards users from compromised transactions and financial fraud by transferring funds from the MobiKwik Wallet rather than their bank account.

Mohit has been associated with MobiKwik for over five years and has served as an Operational Excellence Coach

This is the second attempt by the Gurugram-based firm for the public issue following its first attempt in July 2021

According to the regulatory filing with Registrar of Companies, the fresh issue will also involve a pre-IPO placement

The lens gives access to one’s net worth with transaction details, smart categorisation of incoming and outgoing money, and trends of bank account balance, spending, investments, and repayments

Users will be able to get interest-free credit up to Rs 60,000 to pay at over 20,000 online merchants

Currently, the firm generates revenue primarily from two segments—payments and digital financial services