lendbox
2 ARTICLES
MobiKwik, Lendbox and RBI leave P2P investors stranded in a blame game
High returns, RBI-regulated comfort, and easy withdrawals drew investors in. Now, with repayments drying up, the fintech platform, its NBFC partner, and the regulator are pointing fingers—leaving customers to chase their own money.
26 May 2026
RBI’s crackdown on P2P lending casts a cloud over MobiKwik’s IPO plans
As investors in MobiKwik’s P2P lending scheme cry foul over the handling of an RBI rule change, uncertainty looms over the fintech company’s lending business—its strongest growth driver.
22 Oct 2024