This article showcases our top picks for the best Mumbai based FinTech companies. These startups and companies are taking a variety of approaches to innovating the FinTech industry, but are all exceptional companies well worth a follow.
We tried to pick companies across the size spectrum from cutting edge startups to established brands.
We selected these startups and companies for exceptional performance in one of these categories:
- Innovation
- Innovative ideas
- Innovative route to market
- Innovative product
- Growth
- Exceptional growth
- Exceptional growth strategy
- Management
- Societal impact
Top Mumbai FinTech Startups
Data sourced from Crunchbase and SemRush.
CoinDCX
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CoinDCX operates as a cryptocurrency exchange aggregator.
ShopSe
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ShopSe is a fintech company that provides a platform for pay later and instant EMI.
BlackSoil
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Blacksoil Advisory is an independent boutique advisory firm.
Upstox
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Upstox is a fin-tech company to allow innovative investment options for its users.
Financepeer
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Financepeer is an AI-based peer-to-peer lending platform that offers loans to students to pay school and college fees.
EnKash
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EnKash is a corporate cards and payments platform that helps businesses in optimizing their cashflows and spending.
InCred
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InCred is a financial services platform that leverages technology and data-science to make lending quick and easy.
Eduvanz
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Eduvanz is a fintech company that provides loans for students, education, career, and skill development.
CredAble
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CredAble combines technology, financing, deep learning, and analytics to create innovative supply chain financing products dynamically.
Kissht
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Kissht is a financial technology platform that provides loans and credit for consumers.
Jai Kisan
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Jai Kisan is a fintech platform that provides sustainable financing for rural emerging markets.
WealthDesk
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WealthDesk is a business-to-business-to-consumer (B2B2C) investment-tech platform.
Billdesk
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BillDesk develops an integrated technology platform and unified APIs to make digital payments easy and accessible.
FlexiLoans
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FlexiLoans is a digital lending platform for SMEs in India
ePaylater
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ePaylater gives customers the option to ‘buy now and pay later’ on online portals with just one click.
Kodo
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Kodo is a fintech startup focused on serving the corporate card and B2B payments needs of small businesses.
LenDenClub
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LenDenClub is a digital platform to bring investors and loan seekers at one place to achieve a common goal.
Tyke
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Tyke is India’s first online investment platform where startup investment starts at INR 5,000
Karza Technologies
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Karza Technologies is the largest data, analytics, automation, & decisioning solution provider to Financial Institutions.
U Gro Capital
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U Gro Capital is a small business lending fintech platform that provides loan solutions.
dezerv.
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dezerv. offers an integrated portfolio approach to investment, providing higher returns with lower risk.
TranZact
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TranZact is a Cloud based P2P Network Platform where businesses can connect, collaborate and transact with each other.
Happy
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Happy is a digital lending platform offering short term loans using alternate data to micro-enterprises in India
PaySense
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PaySense provides financial services to Indian consumers.
CASHe
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CASHe is a fintech company that provides flexible, unsecured personal loans through a mobile application.
PayMate
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PayMate is an Indian B2B payments fintech for Enterprise and SME across supply chains.
SMECorner
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SMEcorner is a financial lending firm that focuses on providing services to small and medium enterprises.
ftcash
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ftcash empowers the underserved micro-merchanrs through financial inclusion using digital payments and loans.
GetVantage
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GetVantage is India and Southeast Asia’s first fintech enabled Revenue-based financing platform.
National Stock Exchange
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NSE is India’s stock exchange covering various cities and towns across the country.
Kuhoo
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Kuhoo is a fintech NBFC company that provides digital student loans for the education of economically backward communities.
PropReturns
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PropReturns is a platform that allows users to build wealth and earn passive income by investing in hand-picked Real Estate investments.
AGS Transact Technologies
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AGS Transact end-to-end payment solutions provider with a wide spectrum of highly customized solutions with the aid of modern technology.
PayU Finance India
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PayU Finance India is a digital lending company.
Easy Home Finance
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Easy Home Finance is a mortgage-tech startup.
Nuo
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Nuo is a financial control center to store, spend, and grow your crypto.
Credit Wise Capital
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CreditWise Capital is a consumer finance digital NBFC that aims to leverage technology to make lending quick and easy
Credit Fair
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Credit Fair operates as a consumer lending fintech startup.
Cube
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Cube is democratising access to the world’s best investments for any global investor.
HomeCapital
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HomeCapital is a tech company focused on helping people buy their first home with down payment assistance at zero interest cost.
Easiloan.com
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Easiloan.com is the first AI-enabled fintech solution for home loans.
Piggy
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Piggy is an investment application that allows direct fund investments.
Verak
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Better Business Insurance for Indian MSMEs and SMEs- best prices, expert guidance & paperless claims.
Arya.ai
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Arya.ai offers ‘Autonomous AI’ product stack for financial institutions to automate and augment core business tasks using Deep Learning.
Chillr
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Chillr is a mobile and web application that allows users to send money directly between bank accounts using just the mobile number.
Stratzy
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Stratzy let’s users invest in ideas and strategies and bringing institutional-grade investment products to everyday investors.
CreditMate
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CreditMate helps the lending industy Collect faster, smarter and better.
goDutch
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GoDutch is a fintech application that powers group payments.
Veefin
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Veefin is an agile, flexible and integrated software solution for supply chain financing services
Fintso
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Providing solutions for the Financial Advisory Ecosystem
Avenues Payments India Pvt. Ltd.
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Avenues Payments is an IT solutions provider for the remittance\money transfer and forex industries.
ORO Wealth
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ORO Wealth is an online wealth management platform that provides financial planning services.
Auxilo
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A pro education NBFC registered with the Reserve Bank of India poised on serving the financing gaps in the Indian Education Sector.
Digital India Payments
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Digital India Payments is a financial technology company.
APAC Financial Services
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APAC Financial Services is a financial services platform.
Fundfina
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Embedded financing platform for Enterprises & Financial Institutions
Market Pulse Technologies
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Use technology to transform market enthusiasts into confident traders and investors.
IDfy
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IDfy is a people information company helping companies combat fraud by providing services such as background verifications.
CashRich
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CashRich, a simple wealth management app, helps its users to manage their money more confidently.
Monexo
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Monexo is an online peer to peer lending marketplace with the goal of providing superior customer experience.
Cashinvoice
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Cashinvoice is a fintech provider with a digital marketplace for supply chain financing.
Ayekart Fintech
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Ayekart Fintech is an integrated supply chain and finance platform startup.
InnoVen Capital
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InnoVen Capital, backed by Temasek and UOB Group, is Asia’s leading venture lending firm with offices in Mumbai, Singapore and Beijing.
AdvaRisk
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A B2B fraud detection and decision support platform for financial institutions
moneytor
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Moneytor is making debt collection more efficient.
CityCash
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CityCash is a financial technology company bringing state-of-the-art technologies.
Blue
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Blue develops and offers an online platform for banking and intercompany settlement
ePaisa – enabling commerce
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ePaisa is an Ai & ML based Point of Sale with payment acceptance, inventory & more.
Loanbaba.com
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Loanbaba.com is a operates consumer lending marketplace
Easyplan
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Easyplan develops a financial application that helps young people to easily save money.
Upstox
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RSKV is a financial trading platform which help the investor to easily buy and sell stocks in the stock market.
Fincash.com
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A startup in the personal finance space in India .
Blume Ventures
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Blume Ventures provides pre-series A and early stage funding to tech-focused/tech-enabled ventures.
KyePot
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Kyepot, a mobile platform, offers users with social financial services, including community-based saving, lending, and borrowing facilities.
CredFIC
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CredFIC is a enterprise consultant and knowledge solutions provider that provides specialized financial knowledge to aspiring founders.
ArrowPe
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ArrowPe is a fintech company that offers seamless cross-border financial services
CreditVidya
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CreditVidya offers alternate data based credit scores for underwriting first time borrowers using machine learning and big data analytics.
Z2P
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Credit-analysis and micro-loans to people based on proprietory credit algorithms based on machine learning.
Auxesis Group
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Innovative company specialised in Enterprise Blockchain and Distributed ledger technology.
Wealthtrust
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Wealthtrust offers a wealth manager application that enables its users to invest and manage their investments online.
BlinC Invest
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BlinC Invest is an India-based Venture Capital firm committed to funding EdTech and FinTech start-ups
HEM ANGELS
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Hem Angels is the fastest growing angel network in India which invest in early stage revenue generating startup across various sectors.
Fable Fintech
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Fable Fintech provides a money transfer technology system to banks, money transfer operators and payment banks
Safegold
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SafeGold focuses on using technology to improve transparency and efficiency in buying gold.
Indiabulls
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Indiabulls is an Indian group with its headquarters in Mumbai. It has presence in sectors ranging from Real Estate, Infrastructure.
Sevenring Innovations Private Limited
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7 Ring is Asia’s 1st open-loop contactless payment wearable finger ring, certified and powered by MasterCard, and very soon by VISA too..
Pay1
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Pay1 is a retail tech platform focused on empowering the unorganised retailers of India.
UniCreds
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UniCreds harnesses the power of technology and data-science to help secure education loans for students in a quick and easy manner.
PocketBits
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PocketBits is the most innovative Cryptocurrency Exchange in India with over 130+ Trading pairs.
Fintoo
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Fintoo is a one-of-a-kind online platform that ensures you are in control of your investments.
KapitalTech
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KapitalTech is a fintech company that offers financial services.
Leaf Fintech
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Leaf Fintech is a financial consultant that offers affordable mortgages with competitive interest rates.
Mahagram
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Mahagram is a technology driven company focusing on creating largest network of retail outlets to enable to benefit from financial services.