MobiKwik Shares Rev Up 6.6% After Rolling Out CBDC Wallet, E-Rupee

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SUMMARY

Shares of MobiKwik soared 6.6% to INR 442.80 intraday on the BSE today (January 29) after it became the first fintech firm to roll out a full-scale CBDC wallet and e-rupee (e₹)

MobiKwik was trading at INR 431.30 in the afternoon – up about 4% from its previous close of INR 415.00

The fintech giant’s e-rupee wallet will enable users to transfer funds to other e-rupee wallets and regular bank accounts through UPI

Shares of newly listed fintech major MobiKwik soared 6.6% to INR 442.80 intraday on the BSE today…



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MobiKwik Shares Rev Up 6.6% After Rolling Out CBDC Wallet, E-Rupee


SUMMARY

Shares of MobiKwik soared 6.6% to INR 442.80 intraday on the BSE today (January 29) after it became the first fintech firm to roll out a full-scale CBDC wallet and e-rupee (e₹)

MobiKwik was trading at INR 431.30 in the afternoon – up about 4% from its previous close of INR 415.00

The fintech giant’s e-rupee wallet will enable users to transfer funds to other e-rupee wallets and regular bank accounts through UPI

Shares of newly listed fintech major MobiKwik soared 6.6% to INR 442.80 intraday on the BSE today…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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