India's Top FinTech Companies

India is currently one of the most active FinTech markets in the world. As a result, it has drawn the maximum investments in the sector, along with China. Two important missions led by the Government of India, one of Financial Inclusion and the other of a Digital India, are driving innovation. Thus, such initiatives have facilitating many start-ups to grow and become India’s top FinTech companies.

Although turning India into a completely cashless economy may be a challenge due to its large population and scattered geography, digital payments have grown quickly. This growth is attributed to the rapid increase in smartphone and e-commerce penetration. In a country where cash had traditionally been the primary mode of transactions, a digital world of financial services has found a place to flourish. So, here let’s discuss India’s top FinTech companies.

Consequently, earlier this year we shared our list of Top 11 FinTech Startups in India. We decided to include more companies on this list to introduce them to fintech stakeholders in Asia and elsewhere. Furthermore, Fintech Asia has spoken to several Indian companies in detail. They aim to understand more about the business, the team’s vision, and their perspective of the operating ecosystem as part of the Fintech India series.

Top 50 FinTech Companies in India

Top 18 Fintech Companies in India – Subcategory- Lending

Company	Website	Funding	Subcategory	Founder/s / MDs
InCred	incred.com	75 million	Lending	Bhupinder Singh
Lendingkart	https://www.lendingkart.com/	64.4 million	Lending	Harshvardhan Lunia; Mukul Sachan
Capital Float	www.capitalfloat.com	45.8 million	Lending	Sashank Rishyasringa; Gaurav Hinduja
NeoGrowth Credit	https://www.neogrowth.in	36.7 million	Lending	Dhruv Khaitan; Piyush Khaitan
Flexiloans	https://flexiloans.com/	15 million	Lending	Deepak Jain; Abhishek Kothari; Ritesh Jain; Manish Lunia
MoneyTap	https://www.moneytap.com/	12.3 million	Lending	Kunal Varma; Anuj Kacker; Bala Parthasarathy
CreditMantri	www.creditmantri.com	10.21 million	Lending	Sudarshan R; Gowri Mukherjee; Ranjit Punja
Indifi Technologies	www.indifi.com/	10 million	Lending	Sundeep Sahi; Alok Mittal; Siddharth Mahanot
ZestMoney	zestmoney.in	8.5 million	Lending	Elizabeth Chapman; Priya Sharma; Ashish Anantharaman
LoanTap	loantap.in	7 million	Lending	Satyam Kumar; Vikas Kumar
Rubique	www.rubique.com	6 million	Lending	Manavjeet Singh
Faircent	faircent.com	5.75 million	Lending	Vinay Mathews; Rajat Gandhi; Nitin Gupta
Early Salary	earlysalary.com	5.5 million	Lending	Akshay Mehrotra
IndiaLends	indialends.com	5 million	Lending	Gaurav Chopra; Mayank Kachhwaha
RedCarpet	www.redcarpetup.com	2.6 million	Lending	Sandeep Srinivasa; Kartik Venkataraman
Loan Frame Technologies	https://www.loanframe.com	2.25 million	Lending	Shailesh Jacob
CreditVidya	creditvidya.com	2 million	Lending	Abhishek Agarwal; Rajiv Raj
ePaylater	epaylater.in	2 million	Lending	Aurko Bhattacharya; Uday Somayajula; Akshat Saxena;

Top 17 Fintech Companies in India – Subcategory- Payments

Company	Website	Funding	Subcategory	Founder/s / MDs
(Paytm Wallet; One97 Communications)	paytm.com	2.77 billion	Payments	Vijay Shekhar Sharma
ItzCash Card	itzcash.com/	174 million	Payments	Naveen Surya
MobiKwik	mobikwik.com	161.8 million	Payments	Bipin Preet Singh; Upasana Taku
Financial Software & Systems	www.fsstech.com/	99.5 million	Payments	Nagaraj V. Mylandla; J. Rudhraapathy (Full-time Director)
Ezetap Mobile Solutions	https://corp.ezetap.com/	66 million	Payments	Shripati Acharya; Sanjay Swamy; Abhijit Bose;
Fino Payments Bank (Fino PayTech)	http://www.finopaytech.com/	59.3 million	Payments	Rishi Gupta
Mswipe Technologies	www.mswipe.com	56 million	Payments	Manish Patel
Electronic Payments and Services	electronicpay.in	40 million	Payments	Mani Mamallan
CCAvenue	https://www.ccavenue.com/	31.3 million	Payments	Vishwas Patel
Razorpay Software	razorpay.com	11.5 million	Payments	Shashank Kumar; Harshil Mathur
Chillr	chillr.com	7 million	Payments	Sony Joy; Anoop Sankar; Mohamed Galib; Lishoy Bhaskaran
ChargeBee Technologies	https://www.chargebee.com/	6.2 million	Payments	KP Saravanan; Thiyagarajan T; Rajaraman Santhanam;
Juspay	https://juspay.in/	5.8 million	Payments	Vimal Kumar; Ramanathan RV
AirPay Payment Services	airpay.co.in	3.6 million	Payments	Kunal Jhunjhunwala; Amit Kapoor; Rohan Deshpande
Instamojo	instamojo.com	3.1 million	Payments	Sampad Swain; Akash Gehani; Harshad Sharma
Paynear	paynear.in	2.5 million	Payments	Anil Bharadwaj; Priti Shah
TruPay	http://trupay.in/	2.3 million	Payments	Rahul Gochhwal; Narender Kumar

Top 12 Fintech Companies in India – Subcategory- Personal Finance Management

Company	Website	Funding	Subcategory	Founder/s / MDs
BankBazaar	bankbazaar.com	79 million	Personal Finance Management	Adhil Shetty (CEO); Arjun Shetty (COO);
ClearTax	cleartax.in	15.42 million	Personal Finance Management	Archit Gupta; Srivatsan Chari; Ankit Solanki
FundsIndia	www.fundsindia.com	15.24 million	Personal Finance Management	CR Chandrasekar; Srikanth Meenakshi
MoneyView	http://www.moneyview.in	10.1 million	Personal Finance Management	Sanjay Aggarwal
Scripbox.Com India	www.scripbox.com	2.5 million (disclosed)	Personal Finance Management	Sanjiv Singhal; Ashok Kumar E R
Fisdom	www.fisdom.com	1.6 million	Personal Finance Management	Anand Dalmia
BankBazaar	bankbazaar.com	79 million	Personal Finance Management	Adhil Shetty (CEO); Arjun Shetty (COO);
ClearTax	cleartax.in	15.42 million	Personal Finance Management	Archit Gupta; Srivatsan Chari; Ankit Solanki
FundsIndia	www.fundsindia.com	15.24 million	Personal Finance Management	CR Chandrasekar; Srikanth Meenakshi
MoneyView	http://www.moneyview.in	10.1 million	Personal Finance Management	Sanjay Aggarwal
Scripbox.Com India	www.scripbox.com	2.5 million (disclosed)	Personal Finance Management	Sanjiv Singhal; Ashok Kumar E R
Fisdom	www.fisdom.com	1.6 million	Personal Finance Management	Anand Dalmia