Bipin Preet Singh

Bipin Preet Singh
Born	India
Education	IIT Delhi (Electrical Engineering)
Occupation	Entrepreneur, CEO of MobiKwik
Known for	Co-founding MobiKwik

Bipin Preet Singh is an Indian entrepreneur and the co-founder and CEO of MobiKwik, a digital financial services company that has played a pioneering role in India’s fintech revolution. Under his leadership, MobiKwik has evolved from a mobile wallet service into a full-fledged digital platform offering payments, credit, insurance, and investment products. His mission to enable financial inclusion and empower users with accessible digital finance tools has made a significant impact on India’s digital economy.

Early Life and Education

Bipin Preet Singh graduated with a degree in Electrical Engineering from the prestigious Indian Institute of Technology (IIT) Delhi. Fascinated by technology and entrepreneurship, Singh began his professional journey in software development and product roles at leading tech companies before venturing into the fintech space.

Founding MobiKwik

In 2009, Singh co-founded MobiKwik alongside Upasana Taku, envisioning a digital wallet that could simplify mobile payments. Initially, MobiKwik allowed users to store money and use it for mobile recharges and bill payments. Over time, the platform expanded into merchant payments and peer-to-peer transactions, becoming one of India’s most used digital payment platforms.

The 2016 demonetization in India was a watershed moment for MobiKwik. With a surge in demand for cashless transactions, the company rapidly onboarded millions of users and merchants.

Growth and Expansion

Under Singh’s guidance, MobiKwik achieved several major milestones:

• Serving over 120 million users and 3 million merchants across India.
• Introducing Buy Now, Pay Later (BNPL) credit facilities to improve purchasing power.
• Launching digital lending, insurance, and investment products for consumers.
• Partnering with banks, NBFCs, and e-commerce platforms to scale financial services.

Challenges and Innovations

Competing with fintech giants like Paytm, Google Pay, and PhonePe, Singh adopted a niche strategy focused on underserved customers. Key innovations under his leadership include:

• AI-Powered Lending: MobiKwik's credit engine uses user data and behavioral analytics to offer instant credit.
• Secure Wallet Infrastructure: Enhancing transaction security and KYC compliance.
• Financial Inclusion: Designing accessible financial tools for small towns and unbanked populations.

The Future of MobiKwik

Bipin Preet Singh envisions MobiKwik as a holistic digital finance platform. Future goals include:

• Scaling the digital credit ecosystem.
• Expanding product offerings in health insurance and mutual funds.
• Integrating emerging technologies like blockchain and AI for secure and intelligent financial services.

Conclusion

Bipin Preet Singh's journey from IIT graduate to fintech visionary highlights the power of innovation, persistence, and purpose. His leadership has cemented MobiKwik’s position as a key player in India’s digital transformation. As the fintech sector evolves, Singh remains a driving force in building a financially empowered and digitally connected India.