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5 hours ago · MobiKwik's prepaid payment instrument (PPI) wallet saw a notable increase in market share, growing to about 12.11 percent in May from 9.3 percent in January, based on the total number of wallets.
1 day ago · Fintech major MobiKwik's Pocket UPI wallet has seen its market share expand to about 12.11 per cent in May, up from 9.3 per cent in January in terms of the total number of PPI (prepaid payment instrument) wallets. The company saw this surge as other major players in the banking space went through a ...
22 hours ago · MobiKwik on Monday said it has become the largest digital financial services platform in terms of PPI Wallet transactions by value for April and May. Quoting Reserve Bank of India (RBI) data, MobiKwik said it has gained its market share in financial transactions through the Prepaid Payment Instrument (PPI) Wallet during the two months.
18 hours ago · According to the latest PPI statistics released by the RBI, MobiKwik has moved from owning 5% share of all PPI wallet transactions (in value terms) in February this year to about 23% in May ...
19 hours ago · MobiKwik commanded a 48 per cent market share for PPI Wallet transactions by value in May 2024, after excluding FASTag-related transaction value," she told PTI. It is to be noted that One MobiKwik Systems Ltd filed its preliminary papers in January with markets regulator Sebi to raise up to Rs 700 crore through an initial public offering.
6 hours ago · MobiKwik likewise ascribes the development in its numbers to its extension drive. Due to growth in its Pocket UPI service, a wallet feature that the company introduced in February, MobiKwik also saw its overall Gross Transaction Value (GTV) share almost double from 11% in March to 23% in May.
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15 hours ago · IPO-bound MobiKwik is leveraging its Pocket UPI offering for a bigger unified payments interface (UPI) market share. The company’s share in wallet transaction value rose to 23.1% in May from 11. ...
