money-on-mobile

Founded in 2010, MoneyOnMobile established itself as one of India's largest mobile payment platforms. The company's core mission is to provide financial services to the country's unbanked and underbanked population. It operates on a B2B2C (business-to-business-to-consumer) model, empowering a vast network of small retail shop owners (agents) to offer digital financial services to their customers. In 2020, the Indian business of MoneyOnMobile was acquired by Digital Wallet Corporation, a Japan-based fintech company, while the original US-based parent company (MoneyOnMobile, Inc.) has since rebranded and pivoted its business. The MoneyOnMobile brand and service continue to operate actively in India under its new ownership.