Inside The MobiKwik Xtra Issue: Withdrawal Freeze, RBI Rules And Recovery Process
MobiKwik’s Xtra product, launched in 2023, was positioned as a high-yield investment offering returns of up to 14%. The product operated through a partnership with Lendbox, an RBI-registered NBFC-P2P platform. While MobiKwik acted as a distribution partner, investor funds were managed through the NBFC-P2P platform. […]
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