MobiKwik launched a digital wallet system in 2012 that enabled users to deposit money online to use for bill payments and other features.[1] MobiKwik provides financial services including loan, accident insurance, life insurance, fire insurance, IMPS money transfer, credit card bill payment, mutual funds, and DTH recharge.[16][17][18][19][20][21][22] They also introduced the feature of sending and receiving money via a mobile app.[23] In September 2014, Express Computer reported how MobiKwik was partnering with GoDaddy and other international companies to help them comply with Indian payment regulations.[24]