New Delhi, July 10, 2025 — In a strategic step toward expanding its presence in India’s capital markets ecosystem, Mobikwik Securities Broking Private Limited (MSBPL), a wholly-owned subsidiary of One MobiKwik Systems Ltd. (NSE: MOBIKWIK / BSE: 544305), has secured regulatory approval from the Securities and Exchange Board of India (SEBI) to function as a Stock Broker and Clearing Member. The registration certificate, issued on July 1, 2025, authorizes MSBPL to carry out equity trade activities including buying, selling, dealing, clearing, and settlement.
The milestone reinforces MobiKwik’s ongoing transformation from a pure digital payments provider to a diversified fintech platform. With over 176.4 million users and 4.6 million merchants, the company operates at scale across payments, credit distribution, and wealth management. The stockbroking license will enable deeper integration of capital market products into its wealth distribution vertical, which currently offers Fixed Deposits (FDs), Mutual Funds (MFs), Systematic Investment Plans (SIPs), Digital Gold, and Lens.Ai.
“This marks a major milestone for us as we enter equity markets,” said Bipin Preet Singh, Co-founder, MD & CEO of MobiKwik. “We aim to simplify investing for India’s growing base of retail participants, especially those new to financial services across Bharat. This license moves us closer to our mission of building a full-stack fintech platform for inclusive digital adoption.”
The SEBI certification follows another regulatory success this quarter—Zaak ePayment Services Pvt. Ltd. (Zaakpay), a group entity, received authorization from the Reserve Bank of India (RBI) to operate as an Online Payment Aggregator in April 2025. For further details, you can visit https://www.mobikwik.com/ir
