Bangalore, Jun 11 (UNI) FinTech Company MobiKwik on Tuesday announced registration of Rs 362 crore in Gross Transaction Value (in terms of value of total funds transferred from its wallet to bank) in the month of May 2019.
The company has seen a 400 per cent growth in its Funds Transfer Business in the last one year with Gross Transaction Value of Rs 4,344 crore.
According to NPCI (National Payments Corporation of India) data, MobiKwik commands over 26 per cent market share and has clocked Rs 362 crores in terms of value of total funds transferred from its wallet to bank, ahead of all major digital payment companies in India.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
