LivQuik is a technology first Fintech encompassing an entire spectrum of solutions at the intersection of Financial Services and Retail.
LivQuik was incorporated in 2012, with the vision of enabling cashless digital payments for India’s offline and online merchants, and burgeoning smartphone user base. Over the years LivQuik has evolved into the trusted Fintech partner organisations in India and abroad. The highlights of our journey are detailed below.
Future Enterprises Limited (NSE:FEL, BSE:FEL), part of Future Group, acquired a majority stake in LivQuik.
Products launched in this period include:
Future Pay – LivQuik re-architected Future Pay, the flagship loyalty and payments app of Future Group, to a micro services architecture to enable super scale and supports millions of users with 100k+ transactions per day.
GiftQuik – SaaS based platform that enables Merchants to provide an omni-channel gifting and loyalty experience to their customers.
Our pivot to a B2B approach and our entry into the Enterprise solutions space.
Leveraging the merchant network of our consumer app – QuikWallet, we partnered with 2 of the leading private banks in India to enable mobile payments.
Forging international partnerships, we became the trusted Fintech partner for:
Edenred – A French company better known for inventing the ‘Ticket Restaurant’
Oodle – A UK based used car finance company.
Our First round of funding, our First product launch and a whole lot of Firsts.
Snow Leopard Technology Ventures invested in LivQuik.
Our consumer app – QuikWallet was launched. The product strategy was two-pronged, a progressive payment solution for customers and low-cost solutions for merchants to accept payments.
An Android and iOS application for end customers and an Android, Web and Desktop application for Merchants. Product features included making and accepting payments through QR code, NFC and Payment links.