Bipin Preet Singh - The Progress Catalyst
A leader in India's fintech revolution
Bipin Preet Singh is a celebrated entrepreneur, technologist, and the co-founder and CEO of MobiKwik, one of India’s leading digital payment and financial services platforms. Known for his innovative approach to solving real-world problems, Bipin has played a pivotal role in driving India’s fintech transformation and democratising access to financial services.
Nationality: Indian
Date of Birth: 16 June 1980 (age 44 years)
Hometown: New Delhi, India
Spouse: Upasana Taku
Education: B Tech from Indian Institute Of Technology Delhi (IIT Delhi)
Employment History: Managing Director CEO and Co-founder of fintech services provider One Mobikwik Systems Private Limited
Co-founder of ZaakPay
Before founding Mobikwik, Bipin spent 7 years as a Platform Architect at companies such as Intel, Nvidia, and Freescale Semiconductor.
Bipin Preet Singh’s entrepreneurial journey reflects his dedication to innovation, resilience, and creating solutions that cater to the needs of India’s burgeoning digital economy.
Bipin Preet Singh, democratising financial access
Bipin Preet Singh co-founded MobiKwik in 2009 with his wife Upasana Taku to simplify digital payments and provide a wallet solution for underserved users in India. Starting with a modest investment of ₹8 lakh from personal savings, MobiKwik began as a mobile wallet platform to facilitate easy online recharges and bill payments.
Over the years, MobiKwik expanded its services to include UPI-based payments, buy-now-pay-later (BNPL) credit, and insurance offerings. Today, MobiKwik is one of India’s largest fintech platforms, with over 120 million users and partnerships with 3 million merchants, including prominent brands and small businesses.
Under Bipin’s leadership, MobiKwik became a pioneer in digital lending through its flagship BNPL offering, providing accessible credit to millions of users. The company’s focus on affordability and innovation has enabled it to compete with giants like Paytm, Google Pay, and PhonePe.
Impact Maker Bipin Preet Singh
Bipin Preet Singh’s work with MobiKwik has significantly contributed to financial inclusion in India. By enabling millions of users in urban and rural areas to transact digitally, MobiKwik has reduced dependence on cash and encouraged the adoption of formal financial systems.
Through MobiKwik Zip, its BNPL feature, Bipin has made short-term credit accessible to users without traditional credit histories, bridging a critical gap in India’s financial ecosystem. The company’s collaboration with banks and financial institutions has further enhanced its ability to serve unbanked and underbanked populations.
Bipin’s commitment to user-centric innovation has positioned MobiKwik as a trusted brand, particularly for middle-income users seeking simple and reliable digital payment solutions.
Change Maker Bipin Preet Singh
Born in Chandigarh, Bipin Preet Singh’s entrepreneurial spirit was evident from an early age. After graduating from IIT Delhi, he began his career in semiconductor design, working with tech giants like Intel and NVIDIA. However, driven by a desire to create impact at scale, Bipin transitioned from corporate roles to entrepreneurship.
Starting MobiKwik during a time when digital payments were still in their infancy in India, Bipin faced significant challenges, including a lack of widespread smartphone usage and limited internet penetration. His resilience, combined with a long-term vision for the future of fintech, enabled MobiKwik to overcome these obstacles and achieve significant milestones.
Progress Catalyst Bipin Preet Singh
As CEO of MobiKwik, Bipin Preet Singh continues to steer the company towards profitability and innovation, focusing on areas such as artificial intelligence (AI)-powered financial solutions and personalised lending services.
In recent years, Bipin has emphasised the importance of scaling MobiKwik’s digital credit offerings, leveraging advanced data analytics to provide tailored credit solutions to users. His strategic vision includes expanding MobiKwik’s presence beyond India, tapping into emerging markets with similar demographic and economic characteristics.
Bipin also envisions MobiKwik as a catalyst for sustainable growth in India’s digital ecosystem, promoting cashless transactions and reducing barriers to financial access.
Achievements
Co-founding MobiKwik (2009): Built one of India’s most trusted digital payment platforms, serving millions of users.
Pioneering Digital Lending: Introduced MobiKwik Zip, a BNPL solution offering seamless credit to users.
Scaling MobiKwik: Expanded the platform to 120+ million users and 3+ million merchants across India.
Driving Financial Inclusion: Enabled digital payment adoption in underserved regions, bridging the gap between urban and rural users.
Recognition in Fintech: Positioned MobiKwik as a key competitor to global and domestic fintech leaders.
Awards & Recognitions
Featured in Forbes India’s Vision 2020 as one of the most influential figures in India’s fintech ecosystem.
Honoured by Success Magazine for his contributions to digital payments and financial inclusion.
Recognised as a Top 50 Influencer in Fintech by StartupTalky.
Listed among the Most Promising Entrepreneurs in India by Times Now News.
Media References
YoSuccess - Bipin Preet Singh Success Story
My Nation - Inspiring Journey of Bipin Preet Singh
Success Magazine - Bipin Preet Singh: Mobikwik founder story
Forbes India - Vision 2020: Digital payments transformation in India
India.com - Bipin Preet Singh’s Business Empire
Times Now News - Bipin Preet Singh IIT Alumnus Profile
Founder Magazine - Digital lending innovations by MobiKwik
Businesses visited this article while looking for the following
MobiKwik’s role in financial inclusion
Buy-now-pay-later credit in India
Bipin Preet Singh IIT Delhi journey
Success story of Bipin Preet Singh and Upasana Taku
