One Mobikwik Systems Limited (MOBIKWIK.NS)
One Mobikwik Systems Limited operates in the Financial - Credit Services industry of the Financial Services sector, headquartered in Gurugram, HA, IN. The stock last traded at $203.66, down 1.62% on the session, giving a market capitalisation of $16.04B. Its beta of 2.45 implies it has historically moved more than the broad market.
One Mobikwik Systems Limited operates primarily as a mobile financial technology enterprise. Its business is structured across three distinct divisions: Buy Now Pay Later (BNPL), Consumer Payments, and Payment Gateway. The BNPL segment offers accessible, small-value credit solutions, primarily targeting middle-class individuals for their daily expenditures and discretionary purchases. The Consumer Payments division is responsible for the MobiKwik Wallet mobile application, working to expand its user base and establish a broad network of merchants that accept it. Finally, the Payment Gateway division, operating under the brand Zaakpay, functions as a payment gateway aggregator. It delivers comprehensive payment processing services to online retailers, accommodating a wide array of payment methods including credit and debit cards, UPI, net banking, various mobile wallets, and BNPL credit options. The company was co-founded in 2009 by Bipin Preet Singh and Upasana Rupkrishan Taku and maintains its corporate headquarters in Gurugram, India.
One Mobikwik Systems Limited is most often compared with the following Financial Services names: