56 Top Indian Mobile Payments Companies and Startups of 2021

July 2, 2021

This article showcases our top picks for the best Indian based Mobile Payments companies. These startups and companies are taking a variety of approaches to innovating the Mobile Payments 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

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Top Indian Mobile Payments Startups

Data sourced from Crunchbase and SemRush.

Paytm

Paytm

Crunchbase Website Twitter Facebook Linkedin

Paytm is a payment gateway that provides payment services for customers and merchants.

Cashfree

Cashfree

Crunchbase Website Twitter Facebook Linkedin

Cashfree is a payments and banking technology company that enables businesses in India to collect payments online and make payouts.

Cashfree

MobiKwik

Crunchbase Website Twitter Facebook Linkedin

MobiKwik is India’s leading fintech platform, operating businesses in consumer payments, payment gateway, and financial services.

Cashfree

Paytm Payments Bank

Crunchbase Website Twitter Facebook Linkedin

Paytm Payments Bank is a mobile-first bank with zero balance-zero digital transaction charge accounts.

Cashfree

One97

Crunchbase Website Twitter Facebook Linkedin

One97 delivers mobile content and commerce services to its customers.

Cashfree

Perpule

Crunchbase Website Twitter Facebook Linkedin

Perpule’s UltraPOS is a cloud based, mobile POS system that substantially improves the billing and checkout process at your stores.

Cashfree

Avail Finance

Crunchbase Website Twitter Facebook Linkedin

Avail is a digital app that offers loans with flexible repayment options to the blue-collared workforce of India.

Cashfree

True Balance

Crunchbase Website Twitter Facebook Linkedin

True Balance is a digital wallet that enables users to access utility bill payment and other financial products.

Cashfree

JUSPAY

Crunchbase Website Twitter Facebook Linkedin

Juspay is a developer of an online platform designed to be used for mobile-based payments.

Cashfree

YAP

Crunchbase Website Twitter Facebook Linkedin

YAP is the API Platform for Banking and Payments products in Asia. More than 200 Fintechs across Asia rely on YAP

Cashfree

InstantPay

Crunchbase Website Twitter Facebook Linkedin

Financial Services for Larger India

Cashfree

ftcash

Crunchbase Website Twitter Facebook Linkedin

ftcash empowers the underserved micro-merchanrs through financial inclusion using digital payments and loans.

Cashfree

Financial Software & Systems

Crunchbase Website Twitter Facebook Linkedin

Financial Software & Systems (FSS), is a global comprehensive payments technology provider.

Cashfree

ToneTag

Crunchbase Website Twitter Facebook Linkedin

Enabling Contactless Payment on any device

Cashfree

Clix Capital

Crunchbase Website Twitter Facebook Linkedin

Clix Capital provides commercial finance services intended to provide commercial lending and lease facilities.

Cashfree

TranServ

Crunchbase Website Twitter Facebook Linkedin

TranServ is serving a variety of organizations and individuals to make payments processes easy & safe.

Cashfree

RedCarpetUp

Crunchbase Website Twitter Facebook Linkedin

RedCarpet lends to customers in India to finance their online purchases – ecommerce, travel, etc.

Cashfree

Payswiff

Crunchbase Website Twitter Facebook Linkedin

PaySwiff is India’s leading omni channel transactions solution provider to small, medium and large enterprises.

Cashfree

Citrus Payment Solutions

Crunchbase Website Twitter Facebook Linkedin

Citrus Payment Solutions provides consumer payments and mobile banking services.

Cashfree

MoneyOnMobile

Crunchbase Website Twitter Facebook Linkedin

MoneyOnMobile is India’s largest mobile payment platform that facilitates safe and easy financial transactions to millions of Indians

Cashfree

OlaMoney

Crunchbase Website Twitter Facebook Linkedin

OlaMoney which provides mobile payments.

Cashfree

POKKT

Crunchbase Website Twitter Facebook Linkedin

POKKT is an Alternate Mobile Payment Platform that helps owners of Paid Digital Goods and Services to monetise thier users through an

Cashfree

SmartQ

Crunchbase Website Twitter Facebook Linkedin

SmartQ designs a mobile application that digitizes food courts and cafeterias and provide an enhanced experience.

Cashfree

Zerone Microsystems Private Limited

Crunchbase Website Twitter Facebook Linkedin

We convert smartphones into a POS machine using our ZUP proximity payment technology, with no additional hardware and no need for NFC.

Cashfree

YPay Card

Crunchbase Website Twitter Facebook Linkedin

YPay Card is the new way to manage your money.

Cashfree

Eroute Technologies Private Limited

Crunchbase Website Twitter Facebook Linkedin

Card-based consumer payment company with a mission to redefine spending experiences in pre-banked & under-banked segments of our society.

Cashfree

Chillr

Crunchbase Website Twitter Facebook Linkedin

Chillr is a mobile and web application that allows users to send money directly between bank accounts using just the mobile number.

Cashfree

Momoe Technologies

Crunchbase Website Twitter Facebook Linkedin

Mobile payments for real life merchant interactions.

Cashfree

ePaisa – enabling commerce

Crunchbase Website Twitter Facebook Linkedin

ePaisa is an Ai & ML based Point of Sale with payment acceptance, inventory & more.

Cashfree

SIFIPAY.COM

Crunchbase Website Twitter Facebook Linkedin

SIFIPAY is one of the fastest growing payment solution providers in India. Funds collections & Payouts were never so easy !!

Cashfree

Raincan

Crunchbase Website Twitter Facebook Linkedin

Raincan is a subscription based service provider for morning and breakfast essentials.

Cashfree

LivQuik

Crunchbase Website Twitter Facebook Linkedin

LivQuik provides a complete suite of Prepaid Payment products

Cashfree

Trupay

Crunchbase Website Twitter Facebook Linkedin

Truepay is a secured bank agnostic-platform that offers financial services to its customers.

Cashfree

Eko

Crunchbase Website Twitter Facebook Linkedin

Eko India Financial Services provides a low cost infrastructure to enable instant, secure and convenient financial transactions.

Cashfree

NumberMall

Crunchbase Website Twitter Facebook Linkedin

NumberMall is born with a vision to tech-enable the small merchant.

Cashfree

UDMATech

Crunchbase Website Twitter Facebook Linkedin

UDMATech Though the Business world intends to move towards cashless society, the payment transactions through Credit Card.

Cashfree

Mera Cashier

Crunchbase Website Twitter Facebook Linkedin

Mera Cashier is a mobile app which is useful for credit transactions (Udhar Khata) of entrepreneurs, businesses and shopkeepers.

Cashfree

obopay

Crunchbase Website Twitter Facebook Linkedin

Obopay is a mobile application that allows consumers and businesses to purchase, pay, and transfer money through any mobile phone.

Cashfree

Nupay

Crunchbase Website Twitter Facebook Linkedin

NUPAY is a next generation ‘Neo Banking’ Business Payments Platform for Large Enterprises

Cashfree

Epifi

Crunchbase Website Twitter Facebook Linkedin

India’s first neo bank for salaried millennials.

Cashfree

Escrowpay India

Crunchbase Website Twitter Facebook Linkedin

Escrowpay India is a neutral, online and convenient escrow platform.

Cashfree

Swipesumo Technologies

Crunchbase Website Twitter Facebook Linkedin

Swipesumo Technologies provides solutions for digital payment and mobile payment processing.

Cashfree

HOOPOUN

Crunchbase Website Twitter Facebook Linkedin

Hoopoun enables true Digitization through Digital Receipts, Payments & Unified Loyalty Rewards using blockchain and Artificial Intellingence

Cashfree

PayLatr

Crunchbase Website Twitter Facebook Linkedin

PayLatr.com is a mobile payments platform that enables recurring micro-credits to mid-income households.

Cashfree

Mallfort

Crunchbase Website Twitter Facebook Linkedin

Mallfort facilitates an online platform that enables its customers to find and purchase products from local stores.

Cashfree

TalkCharge Technologies Pvt Ltd

Crunchbase Website Twitter Facebook Linkedin

TalkCharge is a unique portal facilitating users with Online Recharges, Bill Payments, Digital Wallet, E-GiftCards Voucher.

Cashfree

Nelito Systems Ltd

Crunchbase Website Twitter Facebook Linkedin

Nelito has long established itself as a preferred IT solutions partner for the banking and financial institutions across emerging markets.

Cashfree

Atom Technologies

Crunchbase Website Twitter Facebook Linkedin

Atom Technologies Limited is an end to end payment services provider. Is an omnichannel payment solutions over online and offline channels.

Cashfree

iServeU

Crunchbase Website Twitter Facebook Linkedin

iServeU Next-Gen Payment Platform, Quick Remittance, Aadhaar Payment, Merchant Payment Solutions, Wallet.

Cashfree

EMVANTAGE Payments

Crunchbase Website Twitter Facebook Linkedin

Emvantage offers an online payment gateway platform compatible with credit card, debit card, and net banking.

Cashfree

Zup

Crunchbase Website Twitter Facebook Linkedin

Zup is a mobile payment application platform to transfer money online and offline.

Cashfree

Aldopay

Crunchbase Website Twitter Facebook Linkedin

Mobile Wallet Focusing on hassle free checkout via Finger Print & OTP.

Cashfree

Fastticket.in

Crunchbase Website Twitter Facebook Linkedin

India’s Best Online Ticket Booking, Mobile Recharge & Utility Bill Payment Engine

Cashfree

India Transact Services Limited

Crunchbase Website Twitter Facebook Linkedin

ITSL has innovative payment solutions which is tailor made as per your payment needs.

Cashfree

Oxigen

Crunchbase Website Twitter Facebook Linkedin

Oxigen Wallet is committed to transform the way you pay.

Cashfree

Algo Engines

Crunchbase Website Twitter Facebook Linkedin

Algo Engines helps financial institutions defend themselves against fraudsters. We are a SaaS platform that secures mobile payment.

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