Top 20 Fintech Companies in India, You Need to Know
Table of Contents
- Jaro Education
- 30, June 2025
- 5:00 pm
We’re living in a world where technology and finance collaborate artistically, changing the way we manage money, invest, and transact. Welcome to a world of fintech companies in India!
India is one of the fastest-growing fintech markets in the world and also a melting pot of creativity and technological advancement (with its many companies at the forefront of innovation). The fintech industry is estimated to be valued at $1 trillion by 2030! This is an area of finance we need to pay attention to if you desire an insight into the future of finance.
In this blog, we’ll take a look at the 20 outstanding fintech companies of India chosen not only for their distinct product offerings but their ability to meet the ever changing needs of a broad customer base. Regardless if you are a techie, an investor, or just curious about how great companies are reshaping the financial services industry you’ll hopefully learn something below. Let’s go!
Top Fintech Companies in India
Given below are the list of the leading fintech companies in India that are transforming the financial landscape with innovative solutions and services.
1. Revolut
*financialit.net
Starting off our list is Revolut, a neobank that has taken the world by storm. With its headquarters in London and a significant presence in India, Revolut offers a range of banking services that are as diverse as its user base. Imagine managing your finances in over 120 currencies, trading stocks without commissions, and even dabbling in cryptocurrency—all from a single mobile app. Whether you’re a frequent traveler or a business owner, Revolut has features tailored just for you and this makes it one of the most popular fintech companies.
The company’s commitment to innovation is evident in its continuous updates and improvements. Revolut has recently introduced features like stock trading for fractional shares, allowing users to invest in high-value stocks without needing substantial capital. This democratization of investing in these fintech companies aligns perfectly with the growing trend of retail investors seeking to enter the stock market.
2. CRED
*buildd.co
Next up is CRED, a unique platform that rewards users for paying their credit card bills on time. This another one of the top Bangalore-based fintech companies operates on a members-only model, offering exclusive rewards from top brands like Starbucks and Puma. Beyond rewards, CRED also helps users manage their credit cards through AI-driven insights, making it easier for individuals to keep track of their spending habits and due dates. If you’re looking to gamify your financial responsibility, CRED is the app for you.
Being one of the most recognised fintech companies, CRED’s approach to credit management has always been innovative. By gamifying the process of bill payment, users are not only encouraged to maintain good credit scores but are also rewarded for their responsible financial behavior. The app provides detailed insights into spending patterns, helping users make informed decisions about their finances.
Moreover, CRED has expanded its offerings beyond just credit card management. The platform now includes features like CRED Stash, where users can invest in fixed-income products, and CRED RentPay, which allows users to pay their rent using their credit cards. These expansions demonstrate CRED’s commitment to enhancing user experience and financial literacy.
3. Slice
*entrackr.com
With over 17 million users, Slice is on a mission to empower the unbanked and underbanked populations in India. This is one of the other renowned fintech companies that allows users to deposit and borrow money, pay bills, and manage their expenses—all within a single app. In 2023, Slice merged with the North East Small Finance Bank, marking its entry into the banking space. In the fintech industry, it’s an exciting development for those who want a more inclusive financial ecosystem.
Slice’s core offering is its credit card, which is designed for young adults and first-time credit users. The app provides users with a credit limit based on their spending habits and repayment history, making it accessible for those who may not qualify for traditional credit cards. Additionally, Slice offers features like bill splitting and instant rewards, making it a popular choice among millennials.
The company’s commitment to financial inclusion is evident in its efforts to educate users about credit management and responsible borrowing. By providing tools and resources, Slice empowers users to make informed financial decisions, ultimately helping them build a better financial future.
4. Yubi
*yourstory.com
Formerly known as CredAvenue, Yubi is a game-changer for small and medium-sized enterprises (SMEs) seeking quick financing solutions. Operating out of Chennai, Yubi has facilitated credit worth over ₹140,000 crore by connecting businesses with top banks and non-banking financial institutions (NBFCs). If you’re an entrepreneur looking for financing options, Yubi is worth exploring.
Yubi’s platform allows SMEs to access a variety of financing options tailored to their specific needs. The company leverages technology to streamline the loan application process, significantly reducing the time it takes for businesses to secure funding. With a focus on transparency and efficiency, Yubi is helping to bridge the financing gap for SMEs in India.
In addition to its lending marketplace, Yubi offers a wealth of resources for businesses, including educational content on financial management and best practices for securing loans. This commitment to supporting the SME sector positions Yubi as a leader in India’s fintech landscape.
5. Kaleidofin
*entrackr.com
Kaleidofin focuses on providing banking solutions for low-income workers who often find themselves excluded from traditional financial services. This innovative platform enables users to create savings accounts, access credit, and even invest in the stock market. By leveraging machine learning, Kaleidofin tailors financial assistance to meet individual needs, making it a beacon of hope for many.
In the fintech industry, Kaleidofin’s approach is centered around understanding the unique financial challenges faced by its users. By offering customized solutions, the platform empowers individuals to take control of their financial futures. The app’s user-friendly interface makes it accessible to those who may not have prior experience with digital banking.
Moreover, Kaleidofin is committed to financial education, providing users with resources to enhance their understanding of personal finance. And you know what makes this company one of the popular fintech companies choices among individuals, it’s their ability to build a culture of financial literacy among its customer base.
6. Instamojo
*instamojo.com
Serving over 2 million independent e-commerce businesses, Instamojo is the go-to platform for entrepreneurs looking to scale their operations. Based in Bangalore, Instamojo helps businesses create websites, manage payments, and analyze customer data, making the online business journey smoother. If you’re an aspiring online entrepreneur, this is one of the most important fintech companies in India to make an investment.
Instamojo offers a comprehensive suite of tools designed to support small businesses. From payment gateways to logistics solutions, the platform provides everything an entrepreneur needs to succeed in the digital marketplace. Instamojo’s user-friendly interface and robust features make it easy for non-technical users to set up and manage their online stores.
Additionally, Instamojo has launched initiatives to support micro, small, and medium enterprises (MSMEs) during challenging times. By offering financial assistance and resources, the company demonstrates its commitment to fostering entrepreneurship in India.
7. Intuit
*globalfintechmarket.com
Americans may know Intuit for its popular products like TurboTax and QuickBooks, but its India office in Bangalore employs nearly 2,000 people and serves millions globally. Intuit’s suite of financial tools helps individuals and small businesses manage their finances, taxes, and payroll. It’s a comprehensive solution for those looking to simplify their financial processes.
Intuit’s products are designed with the end-user in mind, offering intuitive interfaces and powerful features that cater to various financial needs. Whether you’re a freelancer managing your taxes or a small business owner handling payroll, Intuit’s – one of the leading fintech companies in India offer solutions that make the process seamless and efficient.
The company also emphasizes customer support, providing users with resources and assistance to ensure they can make the most of their products. By prioritizing user experience, Intuit continues to be a trusted name in financial software.
8. Paytm
*xathon.mettl.com
As India’s largest mobile payments and commerce app, Paytm is a household name. From bill payments to flight bookings, Paytm offers a plethora of services, including investment options and microloans. With over 20,000 employees, Paytm is at the forefront of India’s digital payment revolution. If you’re looking for a one-stop-shop for all your financial needs, this is it.
Paytm’s ecosystem is designed to cater to a wide range of user needs. The app allows users to pay bills, transfer money, and shop online, making it an essential tool for everyday transactions. Additionally, Paytm has expanded its services to include insurance and wealth management, further solidifying its position in the fintech space.
As one of the other leading fintech companies in India, Paytm is always committed to innovate and bring development in the industry. They regularly introduce new features and services, ensuring that it remains relevant in an ever-changing market.
9. PhonePe
*aerospike.com
Owned by Walmart, PhonePe is another dominant player in India’s digital payment landscape and also known as one of the leading fintech companies in India with highest users. The app allows users to pay bills, shop, invest, and even check their credit scores—all in one place. With its user-friendly interface and robust functionality, PhonePe is an essential tool for anyone navigating India’s financial services.
PhonePe’s integration with the Unified Payments Interface (UPI) has made it a leader in digital transactions. Users can instantly transfer money, making it convenient for both personal and business transactions. Additionally, PhonePe offers a variety of financial products, including mutual funds and insurance, catering to diverse user needs.
The company’s focus on security is also noteworthy. PhonePe employs advanced security measures to protect user data and transactions, ensuring a safe experience for its users.
10. Northern Arc
*yourstory.com
Founded in 2008, Northern Arc provides debt finance solutions to underserved households and businesses. With a focus on microfinance and affordable housing, this Chennai-based company is committed to enabling credit access across various sectors. Northern Arc is a crucial player in fostering financial inclusion in India.
Northern Arc’s innovative approach to lending involves collaborating with a wide range of financial institutions to provide tailored solutions for borrowers. By leveraging technology, the company streamlines the loan application and disbursement process, making it easier for individuals and businesses to access credit.
Additionally, Northern Arc emphasizes transparency and responsible lending practices, ensuring that borrowers fully understand the terms of their loans. This commitment to ethical lending sets Northern Arc apart in the fintech landscape.
11. Adyen
*thedigitalbanker.com
Adyen offers a comprehensive range of fintech products tailored for businesses in sectors like retail and hospitality. Their point-of-sale solutions cater to various in-person payment types, making transactions seamless for customers. With offices in Bengaluru and Mumbai, Adyen is expanding its footprint in the Asia-Pacific region.
Adyen’s platform is designed to simplify payment processing for businesses. By providing a unified solution for online, in-store, and mobile payments, Adyen enables businesses to offer a consistent customer experience across all channels.
The company also prioritizes data security and compliance, ensuring that businesses can process payments safely and efficiently. With its focus on innovation and customer satisfaction, Adyen is well-positioned for future growth in the fintech industry.
12. SmartRecon
*smartrecon.co.za
If you’re in need of financial reconciliation solutions, look no further than SmartRecon. This Hyderabad-based company automates various reconciliation processes, reducing manual effort by up to 80%. By simplifying tasks like data collection and reporting, SmartRecon is helping companies across industries streamline their financial operations.
SmartRecon’s software is designed to integrate seamlessly with existing financial systems, making it easy for businesses to implement. The platform provides comprehensive analytical reporting, allowing companies to gain insights into their financial data and make informed decisions.
By automating reconciliation processes, SmartRecon not only saves time but also reduces the risk of errors, ensuring that businesses can maintain accurate financial records.
13. Visa Inc.
*medium.com
When it comes to payment solutions, Visa is a global giant. While headquartered in California, Visa maintains a significant presence in India, employing around 2,000 people in its tech development center in Bangalore. With over 4 billion cards in circulation, Visa facilitates transactions for individuals, businesses, and governments worldwide.
Visa’s commitment to innovation is evident in its ongoing efforts to enhance payment security and user experience. The company invests heavily in technology to ensure that transactions are processed quickly and securely, providing peace of mind for users.
Additionally, Visa’s partnerships with fintech companies and financial institutions enable it to expand its offerings and reach new markets. By embracing collaboration, Visa continues to be a leader in the payments space.
14. Wise
*businesswire.com
Formerly known as TransferWise, Wise specializes in international money transfers. With real exchange rates and no hidden fees, Wise is ideal for anyone needing to send money across borders. The platform allows users to hold balances in over 50 currencies, making it a convenient option for travelers and expatriates alike.
Wise’s transparent pricing model sets it apart from traditional banks, which often charge high fees for international transfers. By providing users with a clear understanding of fees and exchange rates, Wise empowers them to make informed decisions about their money.
The company’s user-friendly interface makes it easy for anyone to navigate the platform, ensuring a smooth experience for users. With its commitment to transparency and efficiency, Wise is revolutionizing the way people manage their money internationally.
15. MobiKwik
*livemint.com
MobiKwik has made waves in the digital payments space with its user-friendly interface and innovative offerings. This platform not only facilitates payments but also provides financial services like lending and insurance. For those passionate about the future of digital payments, MobiKwik is a promising player to watch.
MobiKwik’s extensive network of merchants and partners allows users to make payments across various categories, from utility bills to online shopping. The platform also offers a unique feature that allows users to create a digital wallet, making it easy to store and manage funds.
Additionally, MobiKwik is committed to enhancing financial inclusion in India. By offering services to underserved populations, the company plays a crucial role in expanding access to digital financial services.
16. Groww
*business-standard.com
With a mission to democratize access to financial markets, Groww has become a favorite among Indian investors. The platform’s emphasis on user education and simplicity has led to rapid adoption rates, making it easier for individuals to navigate the often-complicated world of investing.
Groww’s intuitive interface allows users to invest in mutual funds, stocks, and other financial instruments with ease. The platform provides educational resources, including articles and videos, to help users understand the investment process and make informed decisions.
By catering to novice investors and providing them with the tools they need to succeed, Groww is fostering a new generation of financially literate individuals in India.
17. Acko
*economictimes.indiatimes.com
Acko is revolutionizing the insurance industry with its customer-centric approach. By leveraging technology, Acko has developed innovative insurance products that cater to the modern consumer. Their rapid growth and continued recruitment efforts reflect their commitment to transforming insurance services in India.
Acko’s digital-first approach allows users to purchase insurance policies online quickly and easily. The platform offers a range of products, from health insurance to vehicle insurance, ensuring that users have access to coverage that meets their needs.
Additionally, Acko is committed to delivering exceptional customer service. The company invests in technology to streamline claims processing, making it easier for users to file claims and receive assistance when needed.
18. Blacksoil
*keevurds.com
As a new-age credit platform, Blacksoil provides personalized credit solutions for small and medium enterprises. With a focus on fast-growing companies, Blacksoil’s tailored offerings ensure that businesses have the financial resources they need to thrive.
Blacksoil employs a unique approach to credit assessment, using data analytics to evaluate the creditworthiness of potential borrowers. This enables the company to provide loans with flexible terms that cater to the specific needs of each business.
The company’s commitment to supporting entrepreneurs is evident in its efforts to provide not just financing but also strategic guidance to help businesses grow. By fostering a supportive environment, Blacksoil is playing a crucial role in the development of India’s SME sector.
19. MoneyTap
*startuptalky.com
MoneyTap specializes in personal loans, offering credit lines up to ₹5 lakhs with flexible repayment options. Whether you need funds for education, travel, or home renovation, MoneyTap’s no-collateral model makes borrowing accessible and safe.
The platform’s user-friendly interface allows users to apply for loans quickly and easily, with a streamlined approval process that ensures funds are disbursed promptly. MoneyTap’s commitment to transparency means that users can clearly understand the terms of their loans, reducing the likelihood of misunderstandings.
Additionally, MoneyTap offers various loan products tailored to different needs, ensuring that users can find the right solution for their financial requirements.
20. Lendingkart
*fintegrationfs.com
Founded by ex-banker Harshvardhan Lunia and ex-ISRO scientist Mukul Sachan, Lendingkart is a digital lending platform for SMEs. By utilizing big data analytics and machine learning, Lendingkart assesses creditworthiness and disburses loans quickly, proving essential for businesses in need of immediate financing.
Lendingkart’s innovative approach to lending allows it to evaluate potential borrowers efficiently, reducing the turnaround time for loan approvals. This is particularly beneficial for SMEs that often face challenges in securing funding from traditional financial institutions.
The company also provides educational resources to help entrepreneurs understand the borrowing process and make informed financial decisions. By empowering businesses with knowledge, Lendingkart is contributing to the growth and sustainability of India’s SME sector.
Conclusion
The fintech landscape in India is vibrant and ever-evolving, with these 20 companies leading the charge. Each one brings something unique to the table, whether it’s innovative banking solutions, streamlined payment systems, or financial education. As technology continues to advance, the potential for these companies to shape the future of finance is immense.
So, whether you’re looking to invest, save, or simply manage your finances better, these fintech companies are worth keeping an eye on. The future of finance is here, and it’s more exciting than ever!
Also, if you’re passionate about finance, technology, or entrepreneurship, connect with Jaro Education – India’s leading online higher education and upskilling company. By collaborating with top institutions like IIM, IIT, Symbiosis, Amity, and many more, we bring the industry standard finance and management programme that can help you build your career. Visit our website to explore our online degree courses and certification programme right away.
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