MobiKwik fast emerging as leader in Indian ‘Buy Now, Pay Later’ (BNPL) Market
India's largest BNPL FinTech player, MobiKwik, is well-positioned to leverage the $50 billion Indian BNPL opportunity by 2026. MobiKwik Zip is the only BNPL product sitting on the foundations of payment rails, linked to 120 million MobiKwik users’ wallets, and can be accepted at a vast merchant network including 3.4 million offline and online merchants.
Buy Now Pay Later (BNPL) industry is changing the way we shop and pay. The BNPL market has developed at blazing speed in recent years and transformed the lending industry globally. It has proven to be a very successful model in developed nations such as the USA, Sweden, and Australia where it has grown into a multi-billion-dollar industry.