
Kunal Singhal
92 posts







📢 Our official statement on Xtra, a P2P lending product offered by RBI-licensed NBFC-P2P Lendbox & distributed by MobiKwik.





📢 Our official statement on Xtra, a P2P lending product offered by RBI-licensed NBFC-P2P Lendbox & distributed by MobiKwik.









BIG BREAKING 🚨 After @DeccanHerald, now @IndianExpress has also covered the Mobikwik Xtra – Lendbox investor scam. Now: • FIRs have been registered in Bengaluru • More complaints are being filed from Delhi, Mumbai & other cities • Matter is reaching EOW & courts Our community tracker now has: • 800+ affected investors • ₹26+ crore reported investments • ₹7.7+ crore outstanding reported amount • ~31% average investor money still stuck Many retired pensioners and middle-class families invested their life savings into this scheme believing the advertisements pushed by Mobikwik Xtra & Lendbox. Thanks to @IndianExpress and @DeccanHerald for covering the voices of ordinary citizens when much of the mainstream media stayed silent on a publicly listed fintech giant. This is no longer just a repayment issue. This is becoming one of India’s biggest retail fintech trust crises. #Mobikwik #Lendbox #MobikwikXtra #P2P #CyberFraud #RBI indianexpress.com/article/cities…

















