Mobikwik Securities Broking (MSBPL), a wholly-owned subsidiary of One MobiKwik Systems, has received regulatory approval from the Securities and Exchange Board of India (SEBI) to act as a Stock Broker / Clearing Member.
The certificate of registration was issued by SEBI on July 01, 2025, enabling MSBPL to carry on the activities of buying, selling, dealing, clearing and settlement of equity trades.
MobiKwik’s wealth distribution vertical is building traction through a diverse product portfolio, including Fixed Deposits (FDs), Mutual Funds (MFs), Systematic Investment Plans (SIPs), Digital Gold, and Lens.Ai.
This license strategically positions MobiKwik to accelerate growth in its wealth distribution vertical and broaden its offerings throughout the capital markets ecosystem, reinforcing its transformation into a comprehensive fintech platform.
Bipin Preet Singh, Co-founder, MD & CEO, MobiKwik, shared his excitement about this development, “The stock broking license marks a significant milestone for us as we enter the Indian equity markets. India has witnessed incredible growth in retail investor participation, and we believe our platform can help demystify investing for users taking their first steps into the markets. With this, we move a step closer to our goal of building a full-stack fintech platform that eases the adoption of digital financial services for the untapped populace of Bharat.”
This marks the second certificate obtained by MobiKwik Group during the current quarter. Earlier in April, Zaak ePayment Services (Zaakpay) received a Certificate of Authorisation from the Reserve Bank of India (RBI) to operate as an Online Payment Aggregator.
