Fintech Companies in India

List of Fintech Companies in India

Imagine you’re weaving through the bustling streets of Mumbai. Each storefront and stall is like a Fintech Companies in India, offering unique solutions to transform the financial landscape. This list guides you through top Indian fintech firms such as PhonePe, Lendingkart, and Razorpay, among others. They’re changing how you transact, invest, and manage money. From mobile wallets to online trading platforms, they’re making finance more accessible. So, if you’re looking to explore India’s dynamic fintech ecosystem, you’re in the right place. Remember, each one has a different flavour to offer. Dive in, you’re bound to find something that suits your palette.



Since its launch in 2015, you’ve likely witnessed PhonePe’s rise as one of India’s leading fintech companies. It’s not just a mobile wallet; it’s an entire payments ecosystem that’s reshaping how you manage your finances. You can link your bank account, pay bills, shop online, and even invest in mutual funds, all from a single app. It’s no wonder it’s gained such popularity.

PhonePe’s success doesn’t stop at user convenience. It’s also contributing to India’s digital economy by facilitating cashless transactions, a move that’s helping reduce corruption and increase financial transparency. So, not only is PhonePe making your life easier, it’s also playing a key role in India’s economic growth. This is why PhonePe is a leading name in India’s fintech scene.



Next on our list is Lendingkart, a fintech company that’s issued over 1 lakh loans to small businesses across India. Operating on a unique model, Lendingkart doesn’t require physical presence or collateral to grant loans. You’re given a digital platform to apply for business loans, making the process quick and hassle-free. Its AI algorithms evaluate your creditworthiness in minutes, based on your online footprint. This evaluation aids in determining your interest rates and repayment schedules. Lendingkart’s aim is to make capital funds accessible, especially to small businesses that may not have the means to approach traditional banking systems. This innovative approach has made Lendingkart a big name in India’s fintech industry. It’s a great choice for your business financing needs.



If you’re looking for a comprehensive payment solution for your online business, you’ll want to consider Razorpay, one of India’s leading fintech companies. Razorpay streamlines digital transactions, making it easier for businesses to accept, process, and disburse payments.

With Razorpay, you’ll have access to:

  1. Razorpay Payment Gateway: This service provides an easy-to-use, secure platform for seamless online transactions.
  2. RazorpayX: This full-stack financial suite allows businesses to manage their finances, pay employees, and handle vendor payments.
  3. Razorpay Capital: This service helps businesses grow by providing quick access to short-term financing.



Moving on to Policybazaar, you’ll find it’s a premier fintech company in India that’s revolutionizing the insurance sector. Launched in 2008, they’ve simplified the process of comparing and purchasing insurance. With a robust digital platform, they’ve made it easy for you to buy the best-suited insurance plans.

Here’s a quick snapshot of their impact:

Years in operation13
Insurance Plans SoldOver 10 million
CustomersOver 5 million
Awards won30+
Network of insurers40+

Just like Policybazaar, many fintech companies are transforming the financial sector in India. Stay tuned to explore more about these entities and understand their contribution to the Indian economy.



Now, let’s turn your attention to Upstox, a leading fintech company in India that’s making waves in the stock trading landscape. This Mumbai-based firm is democratizing finance by providing an easy-to-use platform for trading stocks, commodities, and currencies.

Here are three key points to note about Upstox:

  1. Innovation: Upstox’s platform is designed to be user-friendly, even for beginners. Its intuitive interface and seamless execution make trading a breeze.
  2. Affordability: With Upstox, you’ll enjoy zero brokerage on delivery trades and only a minimal fee for intraday trades.
  3. Education: Upstox also offers a wealth of learning resources to help you understand the market and make informed decisions.

In short, Upstox is revolutionizing the way Indians trade and invest.



Switching gears, let’s delve into Instamojo, another prominent fintech player in India’s bustling digital landscape. Established in 2012, it’s been a game changer, providing a platform for small businesses to conduct transactions, build an online presence, and grow.

Instamojo’s offerings range from payments and online stores to lending and shipping. You’ll appreciate how it simplifies business processes, making it a go-to solution for many enterprises.

Here’s a snapshot of its key features:

PaymentsFacilitates online payments with ease
Online StoreEnables businesses to create their own online store
LendingProvides easy access to business loans
ShippingOffers seamless shipping solutions

Instamojo is truly a one-stop solution, shaping India’s fintech landscape.



Stepping into the realm of credit card payments, you’ll encounter CRED, another key player in India’s fintech industry. Launched by Kunal Shah, CRED is a unique platform that rewards you for paying your credit card bills.

Here are three notable features of CRED:

  1. Cashback and Rewards: Every time you pay your credit card bill on CRED, you earn ‘CRED coins’. These coins can be redeemed for various rewards and exclusive offers.
  2. Credit Score Tracking: CRED enables you to keep tabs on your credit score and offers advice on how to improve it.
  3. Hidden Charge Detection: CRED’s smart technology helps you identify and dispute any hidden charges that might be levied on your credit card.

You’ll find that CRED’s approach to credit card payments is both handy and rewarding.



In the landscape of Indian fintech companies, you’ll find BharatPe, a platform primarily focused on empowering small and medium-sized merchants with digital payment solutions. Launched in 2018, BharatPe offers you a QR code-based payment system which accepts payments from all UPI apps. It’s a hassle-free way for your business to go cashless.

But what’s unique about BharatPe? It’s their ‘one QR code’ solution. Unlike other platforms, you won’t need multiple QR codes for different apps; BharatPe’s QR code does it all. Plus, it offers loans to small businesses based on their transaction history. The company’s aim? To make financial inclusion a reality for small businesses in India. So, if you’re a small or medium-sized merchant, BharatPe could be the fintech solution you’ve been looking for.



Next up, you’ll run into Zerodha, a leading fintech company in India that’s shaking up the traditional stock brokerage industry. Founded in 2010, Zerodha has quickly become one of the largest retail stockbrokers in the country, with a reputation for offering a user-friendly platform and minimal brokerage fees.

  1. Ease of Use: Zerodha’s platform is designed with user-friendliness in mind. It’s easy to navigate, making it a breeze for both novice and experienced traders.
  2. Innovation: Zerodha has been a pioneer in introducing disruptive products like direct mutual fund investments and free equity investing.
  3. Affordability: With their disruptive pricing model, Zerodha has made stock trading accessible to the masses, breaking down the barriers of traditional brokerage firms.

In a nutshell, Zerodha is a game-changer, revolutionizing the financial industry in India.

See Also: Top 10 Finance Companies in Delhi NCR



Shifting gears, let’s delve into another influential player, MobiKwik, a notable fintech company in India that’s making waves in the digital wallet industry. You might be familiar with their work, as they’re revolutionizing the way you manage your money, making transactions a breeze.

Here’s a quick snapshot:

Year of EstablishmentFoundersMain Product
2009Bipin Preet Singh and Upasana TakuDigital Wallet

MobiKwik’s digital wallet allows you to store your money online, providing easy and immediate access to transactions. It’s their innovative approach that’s earned them over 120 million users. So, whether you’re paying bills, shopping online, or transferring money, MobiKwik‘s got you covered. They’re not just another name on the list. They’re changing the game.

Frequently Asked Questions

What Are the Key Differences Between the Services Provided by Razorpay and Mobikwik?

You’re asking about the differences between Razorpay and MobiKwik. Well, Razorpay is mainly a payment gateway provider, helping businesses accept, process, and disburse payments. On the other hand, MobiKwik is a digital wallet, allows you to store money online and make transactions. While they’re both in the Fintech space, they offer different services. Razorpay focuses on easing business transactions, whereas MobiKwik is designed for individual users’ convenience.

Are Any of These Fintech Companies Involved in Blockchain or Cryptocurrency Technology?

Yes, some fintech companies in India are indeed involved in blockchain and cryptocurrency technology. For instance, Unocoin and Zebpay are actively engaged in the cryptocurrency space. They’re helping revolutionize the financial sector by providing platforms for buying, selling, and trading cryptocurrencies. Meanwhile, companies like Auxesis Group and Primechain Technologies are harnessing the power of blockchain to develop innovative solutions. So, you’re on the right track with your query!

What Are Some of the Acquisition or Merger Histories of These Fintech Companies in India?

You’re curious about the acquisition or merger histories of fintech companies. Well, Paytm, a major player, acquired Balance Tech in 2018. Another fintech giant, PhonePe, was itself acquired by Flipkart in 2016, which was then taken over by Walmart in 2018. MobiKwik merged with Clearfunds in 2018 to expand its wealth management portfolio. These are just a few examples, there’s a lot more happening in the dynamic Indian fintech scene.

Do Any of These Companies Offer Services or Products for Non-Residents or Foreign Investors?

Sure, several Indian fintech firms do cater to non-residents and foreign investors. Companies like Paytm, MobiKwik, and Zerodha offer various services accessible to individuals outside India. They provide platforms for digital payments, investment opportunities, and even overseas money transfers. However, each company has its own policies and regulations, so it’s crucial for you to explore these options and understand their specific terms before proceeding.

How Have These Companies Adapted Their Services During the COVID-19 Pandemic?

During the COVID-19 pandemic, you’ve probably seen these companies adapt their services significantly. They’ve increased digital offerings, introduced contactless payments, and provided remote customer support. Some have even launched new apps to help with financial planning during these uncertain times. They’re constantly innovating to meet changing needs and ensure you can manage your finances safely and conveniently, no matter the circumstances.


Imagine each of these fintech companies as a unique instrument in India’s financial orchestra. You’ve got PhonePe and MobiKwik playing the rhythm section, keeping the transactions smooth. Lendingkart and Upstox belt out powerful solos, providing loans and stock trading options. Razorpay, Policybazaar, CRED, BharatPe, and Zerodha harmonize, offering diverse services from payments to insurance. With each playing its part, India’s fintech symphony resonates with innovation, transforming the country’s economic landscape.


Yuvraj Kore

Welcome to our blog! My name is Yuvraj Kore, and I am a blogger who has been exploring the blogging world since 2017. It all started in 2014 when I attended a digital marketing program at college and learned about the intriguing world of blogging.

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