MobiKwik aims to double lending revenue share to 50%, says CEO Bipin Singh

MobiKwik’s CEO has announced a strategic shift to double the contribution of its lending business to the company's total revenue. Currently, lending accounts for 25-30% of earnings, and the company aims to push this share to 50% over the next two years. To achieve this, MobiKwik plans to significantly increase its quarterly loan disbursements, targeting a range of ₹1,500-2,000 crore within six to eight quarters.
This move is significant for investors as it signals a transition from a purely payment-focused model to a more diversified financial services platform. A higher revenue share from lending could improve the company's overall profitability and reduce reliance on transaction fees. However, this strategy also brings increased operational and credit risk, which investors should monitor closely.
Investors should watch the company's progress in meeting its disbursement targets and the quality of its loan portfolio. A successful expansion into lending could enhance the stock's growth prospects, while rising bad debts or regulatory hurdles could pose challenges to the plan.
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- Category: Company.
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