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The 10 Popular Fintech Companies in India

By Andrew Woodsville·Published June 21, 2019·Updated September 21, 2026·Fintech News

10 popular Fintech companies in India

What are the fintech companies?

Fintech companies innovate technology and ideas and so provides an alternative e-financial product. Hence, they push the initiative of betterment in the business world.

The services provided by the Fintech companies The products offered by Fintech companies are
  • Mobile payments
  • Instant money transfers
  • Instant loans
  • Crowdfunding
  • Asset Management etc.
  • Single interface for managing accounts
  • Multilingual mobile applications
  • Cardless withdrawals from ATMs

List of top Fintech Companies in India

  1. Paytm

You must have heard the line “Paytm Kro”. Now, the whole of India is following this tagline. Paytm include investors that include Alibaba Group, SAIF Partners, Art Financial and other giant companies. This company, being one of the largest mobile commerce platforms in India, started its operations by providing mobile recharge and utility bill payments.

It provides services that include:

  1. Finbucket

If you’re in a need of loans, you’ve come to the right place. Finbucket is one of the best India’s neutral online marketplace for instant customized rate quotes on loans and credit cards. It provides an online portal where you can buy loans and credit cards while sitting at home. You can compare different loans offered by different banks from one place only.

Some exceptional services provided by this platform include:

  1. Mobikwik

Mobikwik, founded in the year 2009, provides mobile-based digital wallet & payment system. An individual can add money from their bank accounts to this digital wallet and use the money for making easy payments. In 2016, the Reserve Bank of India started providing small loans to consumers as an additional part of their service.

Furthermore, the company launched a lite app for people with older 2G phones and for those who live in an area with poor internet connectivity.

The users of the company are as follows:

Moreover, the investments of the company are given below

4. OPEN – BANK OPEN

BankOpen is a NEO bank, that issues a bank account number and IFSC code. Atom and Monzo bank launched Neo-banking services about 5 years ago. Neo-banks is the one that operates without opening any branches.

Though these banks operate 100% on a digital and mobile platform, yet these systems are 100% novel to the market. Which implies that there will be no end to a traditional bank.

Open provides business banking services that range from banking to invoicing and automated bookkeeping in one place. It is Asia’s first digital banking service that offers a combination of many powerful tools including:

5. NCPI: National Payments Corporation of India

National Payments Corporation of India is an organization that enables the operation of retail payments and settlement systems in India. The products offered by this corporation are given below:

This organization is owned by multiple leading banks in India and is promoted by the Reserve Bank of India.

The 10 promoter banks of NCPI are:

  1. WealthBucket

WealthBucket is an excellent platform to invest in mutual funds. It was established in the year 2018 and has gained traction with the advent and the excellent services provided to the clients. The registered office is in Delhi. The services provided by WealthBucket includes the following:

It enables you to become a distributor in mutual funds.

7. BBPS and UPI

BBPS:

BBPS or Bharat Bill Payment System that allows the interoperable and accessible bill payment services to customers. It is done through registered agents and enabled multiple payment modes and provide instant confirmation of payments. Being an integrated payment platform, it creates a single bank-agnostic pitstop for all utility payment.

UPI:

As the name suggests, Unified Payments Interface is a system built from multiple bank accounts and combining them into a single mobile application. It is done by merging different banking features, seamless fund routing, and merchant payments into one hood.

The process of getting it:

Service activation:

The requirement to make the transactions:

Cost of transaction:

Services offered:

  1. LazyPay (PAYU)

PAYU launched LazyPay, that is a unique online deferred payment facility for customers. It enables the customer to transfer money digitally for any amount between Rs.500 to Rs.2,500.

This company was found in 2002 and is headquartered in Hoofddorp, Netherland. It is one of the biggest payment service providers in India as of now. And it offers many products, some of them are as follows:

Serving 2.3 billion users now, the LazyPay operates its operations in the markets of

The technology developed empowers the users throughout the investments and strategic partnerships. It is used by billion of users and millions of merchants to buy and sell any product online. And so, it extends the reach of payment mechanism all over the world.

  1. Citrus Payments

Citrus payment provides a digital payment and online checkout processes in India. All you need is an email Id and citrus cube (a personal payments manager that reminds about bill due dates, and helps consumers to pay bills and track them over time).

The client base of Citrus Payments are:

This corporation manages 800 million users that uses the services that make digital payments faster, simpler and safer.

10. Rubique

Rubique’s proprietary AI based engine and Rubique’s financial matchmaking platform allows customers to find the best match to his/her credit requirement. The credit policy digitization is the secret formula that leads the foundation which brings predictability for all and helps in faster turnaround time.

Some features of Rubique are:

Moreover, Rubique provide lenders with

Further reading: Popular Fintech Companies in Bangladesh. Further reading: 10 Fintech Companies Where You Should Buy Shares.