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Most Promising Fintech Startups in India 2021

The FinTech sector in India has seen a funding boom in the last five years, with funding increasing at a CAGR of 98% in the past six years. Today, there are more than 1200 active FinTech companies in the country and their number is growing constantly.

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FinTechs are continuously trying to decrease their customer acquisition cost along with enhancing their customers’ experience using technology. Innovation among startups has disrupted the traditional financial services value chain, caused incumbents to scale up their operations, and created multiple options for customers.

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The government of India has taken multiple initiatives to boost last-mile connectivity and include the financially underserved in the economy. Some of these include implementation of new schemes, the establishment of government-backed institutions, and encouragement of differentiated business models

Name of Startup Category City State
SILICONVEINS PRIVATE LIMITED Financial Literacy Engagements Mumbai Maharashtra
NEARBY TECHNOLOGIES PRIVATE LIMITED Financial Literacy Engagements Mumbai Maharashtra
GC WEB VENTURES PRIVATE LIMITED Financial Literacy Engagements Delhi Delhi
KASHI CAPITAL PRIVATE LIMITED Financial Literacy Engagements Varanasi Uttar Pradesh
ARYADHAN FINANCIAL SOLUTIONS PRIVATE LIMITED Financial Literacy Engagements Noida Uttar Pradesh
MAHAGRAM PAYMENTS PRIVATE LIMITED Financial Literacy Engagements Mumbai Maharashtra
RESILIENT INNOVATIONS PRIVATE LIMITED Payment Wallets and P2P Lending New Delhi Delhi
ROI NET SOLUTION PRIVATE LIMITED Payment Wallets and P2P Lending Gurugram Haryana
NAFFA INNOVATIONS PRIVATE LIMITED Payment Wallets and P2P Lending Bengaluru Karnataka
UDMA TECHNOLOGIES PRIVATE LIMITED Payment Wallets and P2P Lending UDUPI Karnataka
ZERONE MICROSYSTEMS PRIVATE LIMITED Payment Wallets and P2P Lending New Delhi Delhi
PAYMART INDIA PRIVATE LIMITED Payment Wallets and P2P Lending Chandigarh Chandigarh
See also  Fidel raises $18M to let developers build on top of payment data from Visa, MasterCard and Amex

top 10 most promising fintech companies in india

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