1 Paytm
Paytm was founded by Vijay Shekhar Sharma in the year 2010. It started the Digital Revolution in India and became the nations leading Payments App. More than 20 Million merchants & businesses currently are powered by Paytm to Accept Payments digitally. With that, more than 300 million Indians use Paytm to Pay at their stores.
2 Razorpay
Razorpay was founded in 2013 by Shashank Kumar and Harshil Mathur. Razorpay aims to revolutionize money management for online businesses by providing clean, hassle-free integration and developer-friendly APIs. It offers an affordable, fast and secure way for merchants, schools, e-commerce and other companies to accept and disburse payments online, owns a fully-functional current account and avail of working capital loans.
3 ZestMoney
In 2015 Lizzie Chapman, Priya Sharma and Ashish Anantharaman founded ZestMoney. It is the largest and fastest-growing consumer lending fintech company in India. ZestMoney’s unique platform uses digital banking, mobile technology and AI to make millions of Indian consumers’ lives more affordable by connecting them with our lending partners and managing their credit for them.
4 Mobikwik
Bipin Preet Singh and Upasana Taku founded Mobikwik fintech company in 2009. One of the largest BNPL (Buy Now Pay Later) players in India and one of the largest mobile wallets. In the last decade, digitally paying users have rapidly increased in India, but the credit card penetration in the country is still only 3.5%. Mobikwik focused on addressing the unmet credit needs of the fast-growing digitally paying users by combining the convenience of everyday mobile payments with the benefits of BNPL.
5 KredX
KredX was founded in 2015 with the sole mission of offering an invoice discounting platform and eliminating business cash flow challenges. Today, KredX provides investors with a unique opportunity to make low-risk and high-return investments by offering solutions to all types of businesses. India’s largest supply chain finance platform helps startups, large enterprises, MSMEs, retailers, and distributors resolve their working capital and growth capital challenges.
6 BankBazaar
BankBazaar.com is the country’s largest fintech co-branded Credit Card issuer and online platform for free Credit Score with over 50Mn registered users. Supported by global investors such as Experian, Sequoia India, WSV, Eight Roads, Walden International and Amazon, BankBazaar has been at the forefront of democratizing finance in India by providing end users with frictionless access to credit.
7 Financepeer
In 2017, Rohit Gajbhiye founded Financepeer, the startup that helps students pay school fees for the entire academic year upfront in one instalment while students or their parents pay back Financepeer monthly instalments at zero interest and cost. More than 750,000 students and more than 500 schools in India got helped by Financepeer. Financepeer hopes to help 2.5 million students from 1,800 schools by next year.
8 Cashfree
It was launched in 2015 by Reeju Datta and Akash Sinha. With services including payment collection, vendor payouts, wage payouts, rapid loan disbursements, e-commerce refunds, insurance claims processing, cost reimbursements, loyalty, and incentive payments, it offers a complete payment platform that assists businesses in receiving and sending money.
9 Kreditbee
KreditBee is a personal loan platform for self-employed and salaried professionals. They can avail of a loan from INR 1000 to INR 2 Lakhs with minimal paperwork and tenures from two to fifteen months. Founded by Madhusudan Ekambaram and Wan Hong in 2016. It offers loans to even those without a credit history. It hosts multiple non-banking financial companies (NBFC) that the Reserve Bank of India licenses.
10 Groww
Groww was founded in 2016 by Lalit Keshre and Harsh Jain. Groww is an investment platform with a freshly acquired unicorn status that allows individuals to invest and deal in stocks, US stocks, mutual funds and Gold. For conventional investors, it also has fixed deposit options.
11 PayU
PayU was founded by Martin Schrimpff, Jose Velez, Arjan Bakker, Grzegorz Brochocki, Nitin Gupta and Shailaz Nag in 2002. It is one of the best fintech companies in India, which offers a payment gateway and payment solutions to online merchants. It integrates gateways such as net banking, MasterCard and Visa, UPI, and wallets. PayU has integrated with giants like Netflix, Myntra, and Cred with unique payment solutions where customers can choose any payment option on any platform or website.
12 GetVantage
Co-founded by fintech veterans Bhavik Vasa and Amit Srivastava in 2019. GetVantage is India’s largest and only founder’s platform that offers entrepreneurs a powerful suite of growth solutions that include equity-free funding, real-time insights, and business optimization tools, as well as access to an extensive partner ecosystem and a trusted founder-mentor network.
13 LoanTap
Satyam Kumar and Vikas Kumar in 2016 founded LoanTap. It offers innovative loans to help millennials achieve the life that they desire. LoanTap has an in-house RBI-registered NBFC. They focus on delighting our customers by assisting them in choosing the best loan products.
14 Moneyfront
Moneyfront is a wealth management platform that allows you to invest in funds and keep track of them. Founded in 2015 by Mohit Gang, Anil Bang, and Puneet Mehta. While other platforms offer the same, Moneyfront uses a comprehensive database, statistics, and news and lays out the best options for its clients. With a model portfolio, one can have more options and measure risk appetite and choose what’s best suited for one’s goals.
15 Avail Finance
Ankush Aggarwal in 2017 founded Avail Finance. Avail instant online loan app aims to save customers from embarrassment, harassment or long-term investment when they need low-interest loans. Avail provides unsecured online loans quickly and easily with a hassle-free loan application that requires minimal paperwork. Not only that, but Avail’s low-interest personal loans also help one build a credit history through timely, simple repayment.
16 Mahila Money
In 2021, Sairee Chahal founded Mahila Money. It is digital banking, a Delhi-based women-only social network. It offers small business loans and other financial services to women as well as female micro-entrepreneurs. Funding ticking sizes vary from US$135 to US$2,693, don’t require collateral or a co-guarantor, and the application process is done online.
17 Zolve
Founded in 2020 by Raghunandan G, Zolve is a neobanking startup targeting migrant workers. The startup, which launched full-scale services in September 2021, currently serves the India-US corridor, providing immigrants bound to the US with access to bank accounts, high-limit credit cards, and debit cards based on their home country credit score while they are still in their home countries.
18 CoinDCX
CoinDCX, India’s most valuable crypto investment app, is dedicated to making crypto accessible simply. Established in 2018 by Sumit Gupta and Neeraj Khandelwal. CoinDCX has solved numerous problems faced by the Indian crypto community with solutions around crypto investing, crypto trading & crypto literacy.
19 Loanwalle
Loanwalle.com was founded by Sachin Mittal in 2015. It deals in payday loans which are quick emergency loans disbursed within 30 minutes from the time it is applied for. To fulfill the fast money requirements of the customers, the loan approval process is fully automated and is based on an algorithm that assesses the applicant’s creditworthiness.
20 Hyperface
Hyperface was founded in 2021 and is headquartered in Bengaluru. It is the developer of a card platform designed to simplify credit card issuance for e-commerce firms and fintech. The company offers customizable software development kits (SDKs) and application programming interfaces (APIs) to allow customers to design credit card programs and manage the entire customer experience, from know-your-customer (KYC) requirements to loyalty programs, helping businesses to launch credit card programs in only a few weeks.