Explore the latest news, in-depth reports, and executive analysis tagged with #Lendbox.
We write about MobiKwik’s lending ambitions; and a worrying trend emerging across the technology industry...
The clarification comes after FIRs were registered in Bengaluru against MobiKwik and lending partner Lendbox.
The latest police action adds another layer to a dispute that has been simmering since tighter RBI norms reshaped India’s P2P lending landscape in 2024.
MobiKwik and Lendbox struck a deal where MobiKwik gave up Rs 24 cr in income for Q1 FY25, and in return, Lendbox waived Rs 42 cr in facilitation fees. These adjustments impacted MobiKwik's current quarter's revenue and expenses.
More than a month after the RBI’s crackdown on peer-to-peer (P2P) lending, the Lendbox-MobiKwik partnership is showing cracks, with investors facing a lack of transparency.
After observing some peer-to-peer lending platforms violating the RBI's guidelines, the central bank has announced modifications to the master directions of NBFC-P2P.
