Top Fintech Companies in India (2027)

Quick Answer

The top fintech companies in India in 2027 include PhonePe, Paytm, Razorpay, Pine Labs, CRED, Zerodha, Groww, BharatPe, Policybazaar, and MobiKwik. These companies operate across UPI payments, merchant payment infrastructure, digital lending, stockbroking, insurance distribution, and personal finance.

Other notable Indian fintech companies include KreditBee, Navi, Slice, Juspay, Cashfree Payments, Perfios, M2P Fintech, Yubi, Neo Group, Zeta, and Signzy. Emerging businesses such as PowerUp Money, Centricity, Xflow, Stable Money, and Recur Club are expanding financial services through wealth technology, embedded finance, cross-border payments, and alternative financing.

Fintech Companies in India (2027) at a Glance

Leading Fintech Companies in India by Category

Major Fintech Developments Shaping India in 2027

Funding rounds, public-market activity, new financial products, and regulatory developments are influencing India's fintech ecosystem.

Top Fintech Companies in India to Watch in 2027

Digital Payments and Merchant Fintech Companies

Digital Lending and Consumer Credit Companies

SME Finance and Lending Infrastructure Companies

Wealthtech, Stockbroking and Investment Companies

Insurance and Insurtech Companies

Banking Technology, Compliance and Financial Software Companies

Cross-Border and Specialized Fintech Companies

Fintech Company Profiles

Digital Payments and Merchant Fintech Companies

PhonePe

PhonePe develops digital payment technology used by consumers and merchants across India. Its platform supports UPI transfers, bill payments, merchant collections, insurance distribution, and investment-related financial services.

Paytm

Paytm develops consumer payment and merchant financial technologies, including UPI payments, QR codes, Soundbox devices, and business payment services. In October 2026, parent company One97 Communications reported revenue of ₹2,648 crore for Q2 FY27, reflecting activity across payments and financial services distribution.

Razorpay

Razorpay provides payment processing and financial infrastructure for startups, merchants, and enterprises. Its products include payment gateways, payouts, business banking services, and cross-border payment solutions. In November 2026, Razorpay received its final IFSCA licence to expand payment services from GIFT City.

Pine Labs

Pine Labs develops merchant payment technology spanning point-of-sale systems, payment processing, issuing, and digital commerce. Its products help retailers and businesses accept multiple payment methods and manage transactions across physical and online channels.

BharatPe

BharatPe develops financial products for merchants, including UPI payment acceptance and access to business credit through its financial services ecosystem. Its products support retailers and small businesses managing payments and working capital requirements.

Cashfree Payments

Cashfree Payments provides online payment processing, payouts, and payment verification technology for businesses. Its infrastructure supports merchant collections, bulk disbursements, recurring payments, and payment integration workflows.

Juspay

Juspay develops payment orchestration and infrastructure technology for enterprises. Its platform connects businesses to multiple payment service providers, optimizes transaction routing, and supports payment authentication and processing across markets.

BillDesk

BillDesk provides electronic payment processing and bill payment infrastructure. Its services support banks, businesses, and customers handling online collections, recurring payments, and digital transactions.

MobiKwik

MobiKwik operates a digital financial services platform offering payments, wallet services, and financial products. Its consumer and merchant technology supports online transactions, bill payments, and access to lending and investment-related services.

Mswipe

Mswipe develops merchant payment solutions, including point-of-sale terminals, QR payments, and payment processing technology. Its products help small and medium-sized businesses accept digital transactions across physical retail locations.

Innoviti Solutions

Innoviti develops payment acceptance and merchant commerce technologies. Its platforms help retailers process transactions, manage payment options, and introduce customer-facing financial offers at checkout.

PayNearby

PayNearby develops financial services infrastructure for local retailers and assisted banking networks. Its platform enables merchants to provide services such as money transfers, cash withdrawals, bill payments, and access to financial products.

IppoPay

IppoPay provides digital payment technology for small businesses and merchants. Its products support payment acceptance, transaction management, and financial workflows for businesses adopting digital commerce.

Airpay

Airpay develops payment processing and financial technology solutions for businesses. Its platform supports online payment acceptance, merchant collections, and integrations with multiple payment methods.

PayMate

PayMate develops B2B payment and financial automation technology. Its platform helps businesses manage supplier payments, receivables, invoicing, and financial transactions through digital workflows.

NPST

NPST develops payment infrastructure and digital banking technology for financial institutions. Its solutions include UPI switches, payment processing, fraud management, and banking platforms. In 2026, the company reported new banking technology contracts and expansion of its AI-powered payment risk capabilities.

Open

Open develops digital business banking and embedded financial infrastructure for enterprises and SMEs. Its platforms include Open Money for financial operations, Zwitch for embedded payments, and BankingStack for banks building digital business services.

Digital Lending and Consumer Credit Companies

KreditBee

KreditBee develops digital lending technology supporting personal and business loan products. Its platform enables online applications, credit evaluation, and access to financing. In April 2026, the company raised $280 million at a reported valuation of $1.5 billion.

Navi

Navi develops digital financial services spanning consumer loans, UPI payments, insurance, and investment products. Its technology focuses on mobile-first customer experiences and digital delivery of financial services.

Moneyview

Moneyview provides digital financial products, including personal loans, credit cards, insurance, and investment-related services through its financial ecosystem. Its platform uses technology to simplify applications, financial product discovery, and customer servicing.

Slice

Slice develops digital financial services combining payments, savings, and credit. Its products focus on mobile-based banking experiences and helping customers manage everyday financial activities.

OneCard

OneCard is operated by FPL Technologies and offers app-based management of co-branded credit cards issued by partner financial institutions. Its technology supports card controls, payments, credit monitoring, and digital financial experiences.

CRED

CRED develops financial technology for creditworthy consumers, including credit card bill payments, rewards, lending, insurance, and wealth-related services. In June 2026, the company announced a $900 million Series H transaction led by Meta to support its financial services expansion.

Fibe

Fibe develops digital lending products for consumers, including personal loans and financing for specific purchases. Its platform uses online onboarding and credit processes to simplify access to financing.

Kissht

Kissht develops consumer lending and embedded finance technology. Its products support personal credit and financing at merchant checkout, connecting digital loan applications with financial institutions and merchant partners.

CASHe

CASHe develops digital personal lending technology aimed at consumers seeking short- and medium-term financing. Its platform supports online loan applications, automated credit assessment, and digital customer servicing.

Stashfin

Stashfin develops digital credit products for consumers. Its platform provides access to personal credit through technology-enabled applications, underwriting processes, and repayment management.

Olyv

Olyv develops mobile-first financial services, including personal loans and financial products. Its platform supports digital loan applications and access to financing through its lending ecosystem.

Axio

Axio develops consumer financing and pay-later technology for ecommerce and digital transactions. Its products enable customers to access financing options and manage repayments through integrated digital experiences.

Finnable

Finnable develops personal loan technology for salaried professionals. Its platform supports online lending applications, digital verification, and access to credit through regulated financial partners.

Rupeek

Rupeek develops technology-enabled gold lending services. Its platform helps customers access credit backed by gold, connecting digital applications with valuation, lending, and servicing operations.

DMI Finance

DMI Finance provides technology-enabled lending services across consumer and business finance. Its operations combine digital credit assessment, lending partnerships, and financial products delivered through online and embedded channels.

Lendingkart

Lendingkart develops digital lending technology for small and medium-sized businesses. Its platform supports business loan applications, credit analysis, and financing for companies requiring working capital.

NeoGrowth

NeoGrowth provides financing solutions for small businesses and merchants. Its lending model uses business transaction information and digital processes to assess credit needs and support business expansion.

SME Finance and Lending Infrastructure Companies

M2P Fintech

M2P Fintech develops embedded financial infrastructure for banks, fintech startups, and enterprises. Its API-based products support card issuing, digital banking, payments, lending, and financial product development.

Perfios

Perfios develops financial data intelligence and automated decisioning technology for banks, lenders, and insurers. Its wider group includes platforms for fraud prevention, credit collections, and insurance claims. In March 2026, Perfios appointed Nitin Chugh as Managing Director and Group CEO.

Lentra

Lentra develops lending software used by banks and financial institutions. Its platform supports loan origination, underwriting, credit decisions, and digital management of lending workflows.

Yubi

Yubi develops infrastructure connecting borrowers, lenders, and investors across debt markets. Its products support business financing, securitization, co-lending, and credit market transactions.

Oxyzo

Oxyzo provides business lending and working capital financing through technology-enabled processes. Its services support companies managing procurement, supplier payments, and operational funding needs.

Mintifi

Mintifi develops supply chain financing technology for businesses, distributors, and retailers. Its platform connects business transaction data with credit solutions supporting inventory purchases and working capital requirements.

Aye Finance

Aye Finance provides financing to micro and small enterprises. Its lending operations combine digital processes with business assessment to support companies across manufacturing, services, and trading sectors.

UGRO Capital

UGRO Capital develops data-driven financing solutions for MSMEs. Its lending and credit technology supports business loans, co-lending, and financing products tailored to smaller enterprises.

Progcap

Progcap develops financial products supporting small businesses and distribution networks. Its technology combines business transaction information with financing solutions for working capital and supply chain operations.

FlexiLoans

FlexiLoans develops digital business lending technology for MSMEs. Its platform supports loan applications, digital credit assessment, and financing for merchants and small businesses.

FinAGG Technologies

FinAGG develops supply chain financing technology connecting manufacturers, distributors, and retailers. Its platform helps businesses access working capital based on commercial relationships and transaction activity.

Vayana Network

Vayana Network develops trade finance and working capital infrastructure for businesses. Its platform connects buyers, suppliers, and financial institutions to support receivables financing and supply chain transactions.

Recur Club

Recur Club develops technology-led financing solutions for growing businesses. Its platform connects companies with debt capital and helps businesses evaluate funding opportunities using financial and operational information.

TransBnk

TransBnk develops transaction banking infrastructure for financial institutions and businesses. Its platform supports banking integrations, payments, collections, account services, and related financial workflows.

Vivriti Capital

Vivriti Capital provides debt financing and structured credit products for businesses. Its operations combine investment expertise with technology-enabled credit processes and financing solutions.

Wealthtech, Stockbroking and Investment Companies

Zerodha

Zerodha develops stockbroking and investment technology for retail investors and traders. Its Kite trading platform and Coin mutual fund platform provide access to securities markets and investment products through digital interfaces.

Groww

Groww develops investment technology for stocks, mutual funds, ETFs, and other financial products. The company listed publicly in November 2025 and reported 24.2 million transacting users on its platform as of November 10, 2026.

Upstox

Upstox develops digital stockbroking and investment technology. Its platform supports trading in equities and derivatives, mutual fund investments, and market information through mobile and web applications.

INDmoney

INDmoney develops personal finance and investing technology. Its platform enables users to invest in Indian and international securities and manage financial products through a unified digital experience.

smallcase

smallcase develops investment technology built around portfolios of stocks and ETFs. Its platform connects investment strategies with brokerage accounts and supports portfolio tracking, rebalancing, and thematic investing.

Dhan

Dhan develops stock trading and investment technology for active retail market participants. Its platform provides market data, charting, order execution, and tools for trading across securities and derivatives.

Fisdom

Fisdom develops investment and wealth management technology, including mutual funds and financial advisory products. The business became part of Groww following the completion of its acquisition in October 2025.

Dezerv

Dezerv develops wealth management and portfolio advisory technology. Its services support investment planning, portfolio construction, and wealth management for affluent individuals and families.

Neo Group

Neo Group develops wealth and asset management services for high-net-worth individuals and institutional investors. In July 2026, it announced agreements for approximately ₹350 crore in additional financing led by Peak XV Partners to support business expansion.

360 ONE WAM

360 ONE WAM provides wealth and asset management services to high-net-worth individuals, family offices, and institutional clients. Its technology and advisory operations support portfolio management, investment planning, and alternative investment products.

Stable Money

Stable Money develops a digital investment platform focused on fixed deposits and fixed-income financial products. Its technology helps consumers compare investment options and manage fixed-income investments.

Grip Invest

Grip Invest develops digital investing technology focused on fixed-income products and alternative investment opportunities. Its platform enables investors to discover and access financial instruments through a digital investment experience.

Wint Wealth

Wint Wealth develops technology that enables investors to access bonds and other fixed-income investments. Its platform provides product information, digital onboarding, and investment management features.

GoldenPi

GoldenPi develops a digital platform for investing in bonds and fixed-income securities. Its products help investors discover debt instruments, compare returns, and transact online. Oxyzo announced an agreement to acquire GoldenPi in 2026.

Centricity

Centricity develops wealth management technology for financial advisers and affluent clients. Its platform supports investment distribution, portfolio management, and advisory services, with additional funding announced in 2026.

PowerUp Money

PowerUp Money develops mutual fund advisory and investment management technology. Its platform supports portfolio analysis, fund research, and investment guidance, with services offered through its registered investment advisory business.

AssetPlus

AssetPlus develops technology for mutual fund distributors and financial advisers. Its platform supports client onboarding, investment transactions, portfolio reporting, and management of financial distribution operations.

Insurance and Insurtech Companies

Policybazaar

Policybazaar operates an online insurance comparison and distribution platform under PB Fintech. Its technology helps consumers compare and purchase life, health, motor, and other insurance products from participating insurers.

Acko

Acko develops digital insurance products and customer-facing insurance technology. Its services cover motor, health, travel, and other insurance categories, with online policy issuance and claims management.

Digit Insurance

Digit Insurance develops technology-led general insurance products for consumers and businesses. Its offerings include motor, health, travel, and commercial insurance, with digital policy and claims processes.

InsuranceDekho

InsuranceDekho develops insurance comparison and distribution technology. Its platform helps consumers discover insurance products and supports insurance advisers through digital tools.

Turtlemint

Turtlemint develops insurance distribution technology for financial advisers and insurance sellers. Its platform supports product comparison, digital policy issuance, and adviser management. Turtlemint entered India's public markets in June 2026.

RenewBuy

RenewBuy operates a digital insurance distribution platform connecting customers, insurers, and advisers. Its technology supports policy comparison, insurance sales, renewals, and financial distribution workflows.

Zopper

Zopper develops embedded insurance technology used by businesses to offer protection products during customer transactions. Its platform supports insurance integrations, distribution, and post-sale services.

Coverfox

Coverfox provides an online insurance marketplace for comparing and purchasing policies. Its technology supports insurance product discovery, digital applications, and customer servicing.

Riskcovry

Riskcovry develops insurance technology infrastructure for banks, lenders, brokers, and digital platforms. Its products support embedded insurance, policy distribution, renewals, and insurance-related workflows.

BimaKavach

BimaKavach provides commercial insurance products and technology-enabled brokerage services for businesses. Its offerings cover business risks such as liability, property, cyber threats, and other commercial exposures.

OneAssist

OneAssist develops protection plans and assistance services for consumers. Its products include device protection, extended warranties, and services supporting consumer purchases and financial protection.

Vitraya

Vitraya develops AI-powered technology for health insurance claims processing. Its platform supports claims adjudication, fraud detection, and integrations between insurers, third-party administrators, and hospitals.

Insurance Samadhan

Insurance Samadhan provides technology-enabled assistance for resolving insurance claims and policy disputes. Its services help policyholders address claim rejections, delayed settlements, and other insurance-related grievances.

Banking Technology, Compliance and Financial Software Companies

Signzy

Signzy develops digital identity verification, KYC, and financial onboarding technology. Its products support banks, lenders, and fintech companies automating customer verification, compliance, and fraud prevention.

Clear

Clear develops financial technology for tax compliance, invoicing, and business financial operations. Its products include GST software, electronic invoicing, and automated compliance workflows for companies and finance teams.

Khatabook

Khatabook develops digital accounting and business management tools for small merchants. Its products help businesses record transactions, track receivables, and manage everyday financial information.

Vyapar

Vyapar develops billing, accounting, and inventory management software for small businesses. Its platform supports invoicing, GST-related workflows, stock tracking, and financial recordkeeping.

CreditMantri

CreditMantri develops financial technology for credit assessment and access to lending products. Its platform helps consumers understand credit profiles and discover financing options.

BankBazaar

BankBazaar operates a digital marketplace for financial products, including credit cards and loans. Its platform helps consumers compare product terms, assess eligibility, and apply through financial institution partners.

BUSINESSNEXT

BUSINESSNEXT develops customer relationship management and AI technology for financial institutions. Its platforms support customer onboarding, sales automation, servicing, and customer intelligence across banking and financial services.

Zeta

Zeta develops cloud-native banking technology for financial institutions. Its platform provides infrastructure for card issuance, payment processing, digital banking, and financial product management.

Zaggle

Zaggle develops corporate spending and expense management technology. Its platform supports employee benefits, business cards, expense reporting, and financial workflow automation.

Fino Payments Bank

Fino Payments Bank provides digital banking and financial inclusion services across India. Its operations combine banking technology with a distribution network supporting payments, deposits, and other financial services.

Knight FinTech

Knight FinTech develops banking and lending infrastructure for financial institutions. Its products support co-lending, loan origination, treasury management, credit assessment, and AI-powered banking workflows.

Cross-Border and Specialized Fintech Companies

Jupiter

Jupiter develops a digital financial management platform for consumers. Its products support payments, spending insights, savings-related services, and access to financial products through banking and financial institution partners.

Niyo

Niyo develops digital financial services focused on international travel and global spending. Its products include travel-focused banking experiences, cards, and financial tools designed for customers managing expenses abroad.

Zolve

Zolve develops cross-border financial technology for people relocating internationally. Its platform helps users access financial products and establish credit and banking relationships in new markets.

Scapia

Scapia develops travel-focused financial products, including co-branded credit cards issued by partner banks. Its platform combines travel bookings, card rewards, and features designed for international spending.

Xflow

Xflow develops cross-border payment infrastructure for businesses. Its platform helps companies manage international collections, settlement workflows, and financial operations associated with global transactions.

Drip Capital

Drip Capital develops trade finance technology for importers and exporters. Its platform helps international businesses access working capital and manage financing associated with cross-border trade.

Karbon Card

Karbon Card develops financial products for businesses, including corporate cards and expense management technology. Its services help companies manage spending, employee expenses, and financial administration.

Chargebee

Chargebee develops subscription billing and revenue management software. Its platform supports recurring billing, subscription management, revenue recognition, and financial operations for software and subscription businesses.

CoinDCX

CoinDCX operates a digital asset trading platform serving the Indian cryptocurrency market. Its technology supports digital asset transactions, customer accounts, and related trading services.

Augmont

Augmont develops technology for precious metals trading, digital gold, and related financial products. Its platform serves businesses and consumers accessing gold and silver through digital and physical channels.

What Types of Fintech Companies Are Growing in India?

What to Watch in India's Fintech Industry in 2027

Digital Payments and Merchant Financial Infrastructure

India's digital payments infrastructure continues to expand, supporting greater adoption of UPI, online payments, merchant devices, and integrated financial services.

Companies such as PhonePe, Paytm, Razorpay, Pine Labs, Cashfree Payments, and Juspay are developing technologies that improve payment acceptance, transaction processing, and merchant financial operations.

Razorpay's 2026 expansion into regulated cross-border payment infrastructure also highlights growing opportunities beyond domestic payment processing.

Digital Lending and Embedded Finance

Fintech companies are using digital underwriting, financial data, and embedded products to expand access to consumer and business financing.

KreditBee, Navi, Fibe, Moneyview, and Slice focus on consumer financial products, while M2P Fintech, Yubi, Lentra, and Perfios develop infrastructure used by banks and lending businesses.

The development of digital credit infrastructure is also creating opportunities for identity verification, risk technology, fraud prevention, and financial automation.

Wealthtech and Investment Platforms

Digital investment platforms are expanding access to stockbroking, mutual funds, fixed-income products, and portfolio management.

Zerodha, Groww, Upstox, INDmoney, and Dhan serve retail investors, while Neo Group, Dezerv, Centricity, and 360 ONE WAM focus on wealth management and investment services.

Specialized platforms such as Stable Money, Wint Wealth, and PowerUp Money are also developing technology for fixed-income and mutual fund investing.

Insurtech and Embedded Insurance

Insurance technology companies are digitizing product distribution, underwriting, policy management, and claims processing.

Policybazaar, InsuranceDekho, Turtlemint, and RenewBuy operate insurance distribution platforms, while Acko and Digit develop technology-led insurance products.

Infrastructure providers including Zopper, Riskcovry, and Vitraya are also supporting insurance integration, embedded distribution, and automated claims operations.

Cross-Border Payments and International Financial Services

Cross-border financial technology is becoming more important for Indian businesses, exporters, investors, and international travelers.

Xflow, Drip Capital, Zolve, and Scapia address different parts of international payments, trade finance, and global consumer finance.

Expanding financial infrastructure at GIFT City and new regulatory approvals are creating additional opportunities for companies building international transaction capabilities.

Why India's Fintech Industry Matters in 2027

India's financial technology ecosystem continues to grow through the expansion of digital payments, lending, investing, and financial infrastructure. According to the National Payments Corporation of India, UPI processed approximately 25.47 billion transactions worth ₹31.53 lakh crore in October 2026, reflecting the scale of digital financial activity in the country.

The Reserve Bank of India's 2025–26 Annual Report found that UPI accounted for nearly 86% of retail payment transactions by volume during the financial year. Growth in digital payments is supporting demand for merchant technology, financial software, fraud prevention, lending infrastructure, and connected banking services.

For sales and business development teams, fintech funding rounds, regulatory approvals, product launches, IPO activity, technology partnerships, and business expansion provide valuable signals for identifying companies investing in new financial products and infrastructure.

How We Built This List

Agent Jesse searched the live web for Indian fintech company activity, including funding announcements, product launches, regulatory approvals, acquisitions, technology partnerships, hiring, and business expansion.

We organized fintech companies by their products and industry specializations, covering digital payments, consumer lending, embedded finance, wealthtech, insurtech, banking infrastructure, and cross-border financial services.

Last reviewed: November 10, 2026

Frequently Asked Questions

Which are the leading fintech companies in India in 2027?

Leading fintech companies in India include PhonePe, Paytm, Razorpay, Pine Labs, CRED, Groww, Zerodha, Policybazaar, BharatPe, and MobiKwik. These companies operate across payments, lending, stockbroking, insurance, and digital financial services.

Which fintech companies in India are publicly listed?

Publicly listed Indian fintech businesses include One97 Communications (Paytm), PB Fintech (Policybazaar), Groww's parent Billionbrains Garage Ventures, Pine Labs, and One MobiKwik Systems. Other financial technology businesses operate across publicly traded lending, insurance, and wealth management companies.

What are the biggest fintech trends in India for 2027?

Major fintech trends include UPI adoption, merchant payment technology, embedded finance, digital lending, AI-powered risk assessment, wealthtech, insurance automation, and cross-border payments. These developments are creating opportunities for financial institutions, fintech startups, and infrastructure providers.

How can I find funded fintech startups and decision-makers in India?

Agent Jesse searches the live web for fintech funding rounds, regulatory approvals, product launches, hiring, partnerships, and business expansion. These signals help identify growing fintech companies and relevant decision-makers across product, engineering, operations, compliance, and business development.

Find Your Next Prospects With Agent Jesse

Agent Jesse searches the live internet for fintech companies raising funding, launching financial products, announcing partnerships, hiring, adopting new technologies, receiving regulatory approvals, and expanding operations.