Launch · Financial Services

MobiKwik expands FX retail to six currencies

By Startup Enthusiast · 10 September 2026

What they do

MobiKwik is a digital financial services platform offering payments, credit, and forex solutions

It expanded its FX Retail service to six currencies including AED, CAD, GBP, EUR, CHF, and USD on 10 Sep 2026

MobiKwik is the only private player offering this multi-currency solution in partnership with NPCI Bharat BillPay

MobiKwik expanded its FX Retail service to six currencies: AED, CAD, GBP, EUR, CHF, and USD.
The launch happened on 10 Sep 2026 at the Global Fintech Fest 2026.
The service allows digital booking of foreign currency, Forex card top-ups, and overseas remittances for resident individuals.
Customers can collect currency notes via branches or process remittances through bank redirection and branch channels.
Same-day fulfilment is available subject to regulatory requirements.
Validation requires PAN and primary-account-holder checks.
The initial FX Retail launch at GFF 2025 offered only USD.

MobiKwik is the only private player offering a multi-currency FX solution in partnership with NPCI Bharat BillPay Limited (NBBL).
NBBL processed ₹111.91 million in forex transactions in the first four months of FY2026–27, showing growing demand.
The expansion aims to make foreign exchange more accessible through transparent pricing and a seamless app experience.

MobiKwik is a digital financial services platform offering payments, credit, and forex solutions.
Its FX Retail service enables digital booking of foreign currency, Forex card top-ups, and overseas remittances.
Customers collect currency notes via branches or process remittances through bank redirection and branch channels.
The service offers live bank-linked pricing for transparency.
Transaction limits are USD 3,000 equivalent for currency notes and USD 10,000 equivalent for card and remittance services.
Validation requires PAN and primary-account-holder checks.

Goal: make foreign exchange more accessible through transparent pricing and seamless app experience.