Top 100 Fintech Startups Making a Breakthrough in 2021
These fintech startups have been grabbing everyone’s attention in 2021
As we all use mobile banking and make transactions just a click these days, whether it be financial applications to calculate EMIs or insurances, things have become much easier. And all thanks to new fintech startups that have opened the doors for many significant changes in how payments are made. With new technologies coming to space, the fintech startups have been keen to leverage them.
The financial service industry now continues to attract tech companies that transform how people and businesses save, spend, borrow and invest and this is also attracting funding that can be helped in the growth of the companies. As more and more companies pour into the fintech space, it can be tough to sift through them and identify the major players.
The explosion of fintech startups is quite surprising. Most financial institutions such as banks have made tech-driven changes. The market has been witnessing a great shift from digital loans and mobile stock services to eCommerce payment platforms and digital modes of currency exchanges that are rooted in digital financial access.
Fintech is not only about finances now but it also involves several industries and sectors such as education, fundraising, investment management, retail banking, and nonprofit services. It also includes the developments and progress in the crypto market. To give you a wide array of fintech startups and their services, Analytics Insight has listed the top 100 fintech startup companies that are driving the next-generation financial industry.
1. Acorns
Headquarters(s): Irvine, California, United States
Founded: 2021
Focus Area: Micro-investing, Robo-investing
Industry: Fintech, financial services
Website: https://www.acorns.com/
Acorns are the first-ever company that offers micro-investing to the world. The exclusive financial engine permits to roundup and spare change from everyday buying and invests these sub-dollar amounts into a professionally managed portfolio of index funds. The mission of this fintech startup is to look after the financial best interests of up-and-coming, beginning with the empowering step of micro-investing. The firm offers services in the banking, earning, and education sectors.
2. Active.ai
Headquarters(s): Singapore
Founded: 2016
Focus Area: Artificial intelligence
Industry: Financial services
Website:https://active.ai/
Active.ai is a fintech startup that connects consumers with their banks via micro conversation. It offers a conversational banking platform to financial institutions which is created using an artificial intelligence-powered virtual assistant that caters to emergent banking needs by enabling banks, wealth managers, and financial service providers with their customers using voice, messages, and IoT devices. The firm helps banks and credit unions to create intelligent virtual assistants by bringing in automation and insightful customer engagement.
3. Adyen
Headquarters(s): Amsterdam, Netherlands
Founded: 2006
Focus Area: Payments
Industry: Financial services
Website: https://www.adyen.com/
Adyen allows businesses to accept e-commerce, point-of-sale, and mobile payments. It offers risk management, integrated gateway, acquiring, processing, and settling of the payments. It provides end-to-end infrastructure connecting directly to Visa, Mastercard, and consumers’ globally preferred payment methods and also delivers frictionless payments across several online, as well as the in-store channels serving customers such as Facebook, Uber, Casper, Spotify, L’Oreal, and Bonobos. The platform enables merchants to accept payments in a single system, allowing revenue growth easily.
4. Affirm
Headquarters(s): California Street, San Francisco, California, U.S
Founded: 2012
Focus Area: Financial technology
Industry: Financial services
Website:https://www.affirm.com/
Affirm is a fintech startup company that operates as a financial leader of installment loans for consumers to use at the point of sale to finance a purchase. The firm uses technology to bring vital disruptive innovation to the financial industry. It aims to improve the lives of consumers by delivering honest, simple, and transparent financial products. Affirm provides shoppers an alternative to transitional credit cards that can be easier to use.
5. Anyfin
Headquarters(s): Stockholm, Sweden
Founded: 2017
Focus Area: Payments
Industry: Financial services
Website:https://anyfin.com/sv_SE
Anyfin saw that very many people pay unnecessarily much interest and fees for their installments, credit cards, and personal loans. That’s where this company reaches out. With the help of smart technology and skipping unnecessary intermediaries, they were able to offer as low an interest rate as possible. And decided right away that they would always try to help you to a better economy. Anyfin claims to do this with a combination of AI and publicly available consumer data, and with additional information garnered through a photo of existing loan statements, including repayment history. This, it says, gives Anyfin a more complete picture than a credit score alone, which is likely the main data point used by the original lender.
6. Argyle
Headquarters(s): New York, United States
Founded: 2018
Focus Area: Employment data
Industry: Developer APIs, real-time
Website:https://argyle.com/
At Argyle, they recognize that employment data is owned by the individual it represents. By building the first gateway to employment data, the company is unlocking a dataset that has been monopolized by a single, giant corporation (name omitted, because of decorum) for 70 years. It is making it easier, faster, better, smarter for innovative companies to put points around the world and is accessible via mobile devices employment data to work for their users, enabling access to products and services that improve lives.
7. Array
Headquarters(s): New York, United States
Founded: 2020
Focus Area: Fintech
Industry: Financial services, software
Website:https://www.array.com/
Array is a fintech platform to gain personalized credit and financial data for users. The platform is helping businesses form deeper bonds with consumers through meaningful information sharing. The company’s API is complete with data attribution and dictionaries, plus it’s fully structured. Its aggregator model simplifies pricing by avoiding large monthly data commitments and the need to stick with any single bank, credit bureau, or security vendor Array was founded by Martin Toha and Phillip Zedalis in 2020.
8. Ascend Money
Headquarters(s): Asia-Pacific (APAC), Association of Southeast Asian Nations (ASEAN), Southeast Asia
Founded: 2015
Focus Area: IT
Industry: Financial services, Fintech
Website:https://www.ascendmoneygroup.com/home/
Ascend Group is an information technology company that specializes in the fields of cloud centers, fintech, and E-commerce. It is driven by its mission to be the leader in digital services and platforms for customers and businesses. Ascend Money is a testimony to our beliefs. The company constantly innovates and enables millions of people to ascend to lives’ greater heights with accessible, affordable, and secure financial services. For that reason, their logo – the Binary Bond – symbolizes our desire to integrate the opportunities of the world (the’O’) with the individual (the ‘I’) in the digital age using advanced technologies.
9. Atom
Headquarters(s): Durham, United Kingdom
Founded: 2014
Focus Area: Mobile banking
Industry: Banking, mobile apps, fintech
Website:https://www.atombank.co.uk/
Atom Bank is a mobile banking application that offers a range of personal and business banking products. Users can log in using face and voice recognition and receive support from a 24/7 customer service team. The application, available on iPad and iPhone devices, was launched in March 2014 and its operations are based in Durham, the United
Kingdom. In 2017, Atom was named by LinkedIn as one of the UK’s top 25 start-ups and ranked 14th alongside companies such as Deliveroo, Uber, and Airbnb, and in 2019, Atom ranked second in business analyst Beauhurst’s list of 50 top fintech UK start-ups and scale-ups. It was the only company from outside London in the top 20 of the lists.
10. Avant
Headquarters(s): Chicago, Illinois, United States
Founded: 2006
Focus Area: Finance
Industry: Financial services, consumer Lending
Website:http://www.avant.com/
Avant operates an online marketplace that provides users with access to personal loans to consolidate debt, pay unexpected medical expenses, and for family vacations. Through the use of big data and machine-learning algorithms, the company offers a customized approach to streamline credit options. The company caters to consumers in the United States and the United Kingdom. Upon entering the growing financial technology FinTech industry, Avant developed proprietary software that attempts to efficiently mitigate default risk and fraud by using machine-learning technology. The company has worked towards a fully online experience where customers can apply on Avant’s website.
11. AvidXchange
Headquarters(s): Charlotte, North Carolina, United States
Founded: 2006
Focus Area: Payments
Industry: Software, Saas, financial services
Website:http://www.avidxchange.com/
AvidXchange is the industry leader in automating invoice and payment processes for mid-market businesses. Founded in the year 2000, AvidXchange processes over $140 billion transactions annually across its network of more than 680,000 suppliers, transforming the way 6,000 customers in North America pay their bills. AvidXchange is distinguished as a global fintech unicorn and one of the fastest-growing technology companies in the U.S. with 1,500 employees supporting customers across seven office locations.
12. Azimo
Headquarters(s): London, United Kingdom
Founded: 2012
Focus Area: Online Payment
Industry: Financial services, Fintech
Website:http://azimo.com/
Azimo is an online money transfer company that provides a fast, secure, and low-cost alternative to legacy high street remittance services. Azimo is created with an explicit mission of cutting the costs of sending money home. Its international money transfer platform allows users to send money either to a bank account or to over 270,000 cash pick-ups. Azimo offers money transfers to 190 receiving countries in over 80 different currencies. The company has half a million customers connected to its platform and offers more than 270,000 cash pick-up locations globally. As of October 2019, sending countries are limited to Europe.
13. BankBazaar
Headquarters(s): Chennai, Tamil Nadu
Founded: 2008
Focus Area: Loans, credit cards, FD, and calculators
Industry: Fintech
Website: https://www.bankbazaar.com/
BankBazaar is known as the world’s first neutral online marketplace where it provides instant customized rate quotes on loans, credit cards, loans, and many other personal finance products and services to compare and choose the suitable option. It is a secure and user-friendly platform focused on harnessing technology for end-to-end paperless transactions to support the environment. It is supported by global investors like Sequoia Capital, Amazon, Mousse Partner, and many more. BankBazaar offers CIBIL Score, free credit score, and free CIBIL score.
14. Basis
Headquarters(s): Bengaluru, Karnataka
Founded: 2019
Focus Area: Payment for women
Industry: Financial services, Fintech, and Personal finances
Website: https://www.getbasis.co/
Basis is popular for being India’s financial services stop for women that are powered by education and communities. It helps to keep women updated on options to make smarter and informed financial decisions about monetary transactions. Basis offers full access to a rich library of curated financial advice, recommendations, resources, content, and many more. Basis First provides an enhanced set of services to have a better understanding of the relationship between a woman and her money.
15. BharatPe
Headquarters(s): New Delhi, Delhi
Founded: 2018
Focus Area: Financial services, payments, lending, fintech, and digital payments
Industry: Financial services
Website: https://bharatpe.com/
BharatPe is one of the fintech start-ups to make financial inclusion a reality for multiple Indian merchants. It is known for launching the first-ever UPI interoperable QR code, ZERO MDR payment acceptance service, as well as the UPI payment-backed merchant cash advance service in India. It has also launched BharatSwipe, India’s only ZERO MDR card acceptance terminal. It is backed by several reputed investors such as Sequoia, Insight Partners, Beenext, and many more. BharatPe offers multiple different financial products and services such as BharatPe Balance, BharatPe Card, easy loans, bill payments, and BharatSwipe.
16. Billtrust
Headquarters(s): Lawrenceville, New Jersey
Founded: 2001
Focus Area: Outsourced invoicing, ebilling, EBPP, EIPP, billing services, B2B, payment application, online invoicing, print invoicing, cash application, A/R automation, invoice-to-cash, order-to-cash, payments, SaaS, fintech, technology, sales, marketing, and customer success
Industry: Financial services
Website: https://www.billtrust.com/
Billtrust is focused on making it easier for B2B companies to get paid regularly. It is known as the leading innovator in AR automation with over 40 industries as the client base. This fintech start-up innovates by pushing automation into different areas such as supplier-driven payments network, automated invoice delivery, and many more. It has a record of crossing US$1 trillion invoice dollars processing and more than US$49 billion in total payment volume. Billtrust helps to deploy automation to shift customers seamlessly through the whole order-to-cash cycle.
17. Blend
Headquarters(s): San Francisco, CA
Founded: 2012
Focus Area: Financial Services
Industry: Computer software
Website: https://blend.com/
Blend is known for helping lenders streamline the customer journey for multiple banking products from application to closing with its cloud-based platform. It offers a Digital Lending Platform to acquire more customers, accelerate productivity, and enhance customer relationships. Blend has processed an average of over US$5 billion in transactions per day while maximizing operational efficiency. It offers a mortgage suite and consumer suite by leveraging technology, data, and service providers to deliver a seamless customer experience.
18. Bolt
Headquarters(s): San Francisco
Founded: 2014
Focus Area: Online shopping
Industry: Fintech, financial services
Website:https://www.bolt.com/
The company pitches its offering as a universal login credential that will allow e-commerce sites to compete with Amazon’s speed. Bolt said that once shoppers sign up, including providing shipping and payment information, they can quickly log into any site using its software and complete a one-click purchase. Bolt’s product and the team have grown by leaps and bounds — raising US$215M in funding and growing by over 200 team members and 250+ retailers.
19. Braintree
Headquarters(s): Chicago, IL
Founded: 2007
Focus Area: Mobile payments
Industry: Financial services
Website: https://www.braintreepayments.com/
Braintree is known as a leader in mobile payments because it believes that payments technology can drive both innovation and revenue efficiently and effectively. It provides the commerce tools to minimize security concerns, expand globally, and allow new commerce experiences. This platform offers to drive higher conversion, reach more buyers in more places, streamline business operations, and mitigate risk to keep payment data secure. It provides products such as Braintree Direct, Braintree Extend, Braintree Auth, and Braintree Marketplace with exciting features like fraud tools, 3D secure, data security, and many more.
20. Built Technologies
Headquarters(s): Nashville, The U.S
Founded: 2014
Focus Area: Commercial lending and SaaS
Industry: Financial Services and fintech
Website: https://getbuilt.com/
Built is a popular provider of construction finance technology by connecting commercial and consumer construction lenders, real-estate owners, title companies, and many more to enhance the flow of capital in the ecosystem. It helps to power faster draws, mitigate risks, inspire customer loyalty, improve construction payments, etc. It offers Built construction, built pay, Lien Waiver Management, compliance tracking, and Built club to the construction department while for the lending department, it offers construction loan administration, home builder finance, asset management, and built plus.
21. CashBook
Headquarters(s): Haryana
Founded: 2020
Focus Area: Apps and software
Industry: Fintech and IT
Website: https://cashbookapp.in/
CashBook is focused on tracking the income and expense of business as a digital record-keeping app to add entries, segregate records, and seek overall balance efficiently and effectively. It helps in real-time calculations with group cash books and multiple books for each account. It also generates reports and sharing options through PDF and Excel. CashBook provides instant balance and assistance for making quick decisions. It has shown more than US$500 million monthly transactions through its app. Customers can receive automatic data backup with 24*7 customer support.
22. Chillr
Headquarters(s): Mumbai, Maharashtra
Founded: 2013
Focus Area: Mobile payments
Industry: Banking and fintech
Website: http://www.chillr.com/
Chillr is well-known for revolutionizing banking through its strong partnerships, deep integrations, and friendly user experience. It offers multiple banking experiences such as instant money transfer, connecting multiple accounts at one place, recharging utility bills, and many more at Chillr merchants. It also provides a range of in-app services for hotels, flights, and movies. It is popular as a mobile and web application that allows users to send money directly between bank accounts through a mobile number.
23. Chime
Headquarters(s): San Francisco, California
Founded: 2013
Focus Area: Debit card
Industry: Banking, fintech, and financial services
Website: https://www.chime.com/
Chime is known as a fintech company that helps to build credit history with no annual fees or interests and fee-free overdrafts up to US$200. It offers benefits such as no hidden fees, building credit, automatic savings, minimum balance requirements, and the utmost security and control. It partners with multiple regional banks to design member-first financial products. There are three types of accounts in Chime— spending account, credit builder, and savings account.
24. Circle FinTech
Headquarters(s): Dhaka, Bangladesh
Founded: 2018
Focus Area: Payments
Industry: Fintech and Financial Services
Website: https://www.circlefintech.com/
Circle FinTech is a well-known fintech start-up that establishes simplified payments for banks, retail, and consumers with technology infrastructure and agent networks. It is focused on introducing payment products and services for banks and other financial institutions to utilize. It offers a mobile-first approach, compatible with public and private cloud, API-driven, system security, business intelligence, and elastic scale. It also provides Banking-as-a-Service and Collection-as-a-Service to its clients.
25. Clyde
Headquarters(s): New York
Founded: 2017
Focus Area: IT, Insurance, and E-Commerce
Industry: Financial Services and IT
Website: https://www.joinclyde.com/
Clyde is a popular fintech start-up that offers product protection as well as drives revenue in the future. It empowers multiple businesses with extended warranties and accident protection to continue the current purchase flow. It helps to increase the average order value while selling a product by leveraging a competitive network of insurance partners. The warranty covers extensions, wear and tear, water damage, and accidents for up to five years. Clyde offers customizable calls-to-action to make the protection seamless while purchasing product protection. The technology platform tends to match warranty contracts with products and provides complete customer information, claims, and program performances on a merchant dashboard as well as a customer dashboard.
26. CRED
Headquarters(s): Bengaluru, Karnataka
Founded: 2018
Focus Area: Credit cards, payments, and personal finance
Industry: Financial services and fintech
Website: https://cred.club/
CRED is well-known for offering rewards to customers who utilize this platform to pay credit card bills. It helps to automate all credit card bill payments and manage all credit cards on a single portal. CRED offers multiple services such as CRED mega jackpot, CRED coin rewards, CRED rent pay, and CRED IPL offers. It helps to never miss the due date of payment with CRED protection. The users receive a category-wise analysis of expenditures, detect hidden charges, and track credit limits in real-time.
27. CreditMantri
Headquarters(s): Chennai, Tamil Nadu
Founded: 2012
Focus Area: Credit
Industry: Fintech and financial services
Website: https://www.creditmantri.com/
CreditMantri is one of the fintech start-ups to change the way credit is delivered in India by leveraging the power of technology and digital medium. The main aim is to reinvent the credit landscape by providing consumers full access to responsible and transparent credit options. It offers specific solutions and services to address the needs of consumers and lenders across the entire spectrum such as credit cards, personal loans, small loans, business loanss, credit improvement service, monitoring service, loan restricting, and flexible repayment plans. CreditMantri consists of more than 10 million users with 35 lakhs loan applications processed and over 50 lenders.
28. CreditVidya
Headquarter(s): Hyderabad, Telangana
Founded: 2012
Focus Area: Alternative data, AI, and machine learning
Industry: Financial services
Website: http://www.creditvidya.com/
CreditVidya is the leading player in the alternative credit scoring space in India. A pioneer in the domain, it is leveraging alternative data, AI, and machine learning to facilitate institutional credit for the underserved. Its products are helping a large section of the salaried and self-employed population become visible to lenders, by making it financially viable for banks and NBFCs to underwrite customers for much smaller unsecured loans. With over 10,000 data points, CreditVidya’s credit underwriting model is 2x more powerful than traditional bureau scores, helping banks and NBFCs underwrite 15% more individuals, including the completely new-to-credit segment (first-time borrowers).
29. Crezco
Headquarter(s): London
Founded: 2020
Focus Area: Software and API
Industry: Computer software
Website:https://www.crezco.com/
Crezco provides instant, innovative payment solutions. Crezco eliminates unnecessary costs and friction to allow the creation of products and services. Collaborate with suppliers and customers and provide role-based access for internal team members. Crezco makes payments cheaper and faster, but no less convenient. It eliminates the unnecessary costs and frictions to trading, so businesses can grow, markets can develop and economic progress can be enjoyed everywhere. Crezco received financial support from established individuals and companies in the Fintech space.
30. Cube Wealth
Headquarter(s): Mumbai, Maharashtra
Founded: 2016
Focus Area: Software and AI solutions
Industry: Financial services
Website:https://www.bankoncube.com/
Cube is enabling everyone to invest in the simplest manner possible along with guidance from the world’s top-performing investment managers – the same that guide the world’s richest families. The service is already live in India and is soon to be available across the USA and multiple Asian countries. Cube has an experienced team that comes from the world of fintech, entrepreneurship, design, systems, banking, and global sales. It is founded by Satyen Kothari, a battle-scarred entrepreneur who is on his 5th adventure. He has previously founded Citrus Pay in India and three companies in Silicon Valley. Citrus was sold in 2016 in India’s largest fintech cash deal at the time and was processing $2 bn at its peak and servicing 20 mn users.
31. Curve
Headquarter(s): London, England
Founded: 2015
Focus Area: Customer Protection and Issuance of Card
Industry: Financial Services
Website:http://www.curve.com/
Curve is a banking platform that consolidates cards and accounts into one smart card and app. It allows customers to supercharge their legacy banks to the 21st century without leaving their bank or topping up. Curve offers a host of benefits to its customers; it makes cards fee-free when spending abroad, get instant notifications and categorization of spend, earn an instant 1% cashback at the likes of Amazon, Uber, Netflix and Sainsbury’s and Time Travel enables customers to swap spend to a different card in the app for up to two weeks after the purchase was made. Curve also offers Curve Customer Protection, a policy that covers all credit and debit card payments made via the Curve card up to £100,000, giving cardholders an extra layer of protection for disputes with merchants and any unauthorized use of their Curve card. IDC Ventures backs Curve with Fuel Venture Capital, Vulcan Capital, OneMain Financial, and Novum Capital back Curve.
32. Digit Insurance
Headquarter(s): Bengaluru, Karnataka
Founded: 2016
Focus Area: Car Insurance, travel insurance
Industry: Insurance
Website:https://godigit.com/
Digit is a general insurance company started by Kamesh Goyal and backed by the Fairfax Group. Its services include car insurance, travel insurance, home insurance, commercial vehicle insurance, and shop insurance. The company is driven by a mission to reimagine products and redesign price processes. Car Insurance, also known as auto or motor insurance, is a type of vehicle insurance policy that protects you and your car from any risks and damages caused by accidents, thefts, or natural disasters. So, you will be financially secure in case of any losses that may be incurred because of any such unforeseen circumstances. In addition to that, you will also be protected from third-party liabilities.
33. Dwolla
Headquarter(s): Des Moines, Iowa
Founded: 2008
Focus Area: Payments API, ACH API, payment network, mass payments
Industry: Computer software
Website: http://www.dwolla.com/
Dwolla is a fintech company offering modern payments technology for businesses. From startups to enterprises, businesses across every industry use Dwolla’s Platform to collect, facilitate or send electronic payments. We’ve made an incredibly complex process of accessing the various payment networks and navigating regulations feel simple. Since 2008, Dwolla’s modern platform has powered billions in payments for millions of end-users. Today’s most innovative companies are programming their payments with Dwolla.
34. ePayLater
Headquarter(s): Mumbai
Founded: 2015
Focus Area: Technology products and services
Industry: Financial services
Website:https://epaylater.in/
Founded in December of 2015 and based in Mumbai, India, ePayLater is a zero-cost credit solution for SMEs for purchasing their supplies. This solution is available to SMEs across physical and digital sales channels and empowers them to purchase inventory across product categories at the best available prices without being constrained for credit. It also helps reduce the trust deficit that typifies digital B2B commerce as buyer obligation to pay arises only after goods are physically received, with a further period of 14 days of interest-free credit.
35. Ezetap Mobile Solutions
Headquarter(s): Bangalore, Karnataka
Founded: 2011
Focus Area: Mobile solutions
Industry: Financial Services
Website:http://www.ezetap.com/
At Ezetap, veterans from the payments, hardware, cloud, and SaaS industries have joined hands for the sole purpose of ushering in a new era of a frictionless digital payment ecosystem in India. Ezetap’s Smart and Secure capabilities as an intelligent SaaS payments platform are already helping thousands of brick-and-mortar retailers, e-commerce players, enterprises, and financial inclusion organizations, transform their businesses. Vision To be the single solution through which businesses complete any financial transaction with their customers, supporting every instrument and method that their customers want to use. Disruptor. Innovator. Payments Leader. Ranked twice in a row by CNBC in their Global Top 50 Disruptor List in 2016 and 2017, Ezetap has been reimagining payments since 2011. Ezetap is the only payments solution company that has an end-to-end smart payment solution (including hardware) to address the needs of fast-growing enterprise companies. First, to introduce mobile POS SDK for enterprise companies in India, Ezetap is trusted by seven of the top ten mPOS merchants in Asia. As per the Reserve Bank of India POS Report published (Oct 2014-15), Ezetap’s market share was 1/3rd of all terminals activated in 2015.
36. Figure
Headquarter(s): San Francisco, California
Founded: 2018
Focus Area: Home equity products, blockchain, consumer lending
Industry: Industrial services
Website:http://www.figure.com/
Figure is transforming the trillion-dollar financial services industry using blockchain technology. In three short years, Figure has unveiled a series of fintech firsts using the Provenance Blockchain for loan origination, equity management, private fund services, banking, and payments sectors – bringing speed, efficiency, and savings to both consumers and institutions. Today, Figure is one of less than a thousand companies considered a unicorn, globally. Figure was founded in 2018 by serial technology entrepreneur Mike Cagney, who also founded SoFi and built the company into a multi-billion-dollar business under his leadership as CEO.
37. Financial Software & Systems (FSS)
Headquarter(s): Chennai, Tamil Nadu
Founded: 1991
Focus Area: Transaction switching services, ATM managed services, financial inclusion, processing, and hosted services
Industry: Financial services
Website:http://www.fsstech.com/
FSS is a global banking and digital payments company, with headquarters in India. The company has 150+ global customers, a team of 2500+ payment professionals, and a presence in India, Africa, Asia Pacific, Europe, the Middle East, and North America. FSS offers an integrated payments portfolio of Software Products & Custom Solutions and ATM, POS & Hosted Services. With 25+ years of experience in the payment domain, FSS offers expertise in Issuance, omnichannel acquiring, digital banking, smart reconciliation, payment processing, monitoring, digital security, payment analytics, and financial inclusion across various delivery channels and ecosystems. FSS’ customers include banks, central regulators, governments, financial intermediaries including third-party electronic payment processors, merchants, and payment associations.
38. Finly
Headquarter(s): Bangalore
Founded: 2015
Focus Area: Expense reporting, reimbursements, getting approvals, control spending, real-time visibility, tracking expenses
Industry: Information technology &services
Website: http://www.finlyhq.com/
Finly ensures CFOs & Finance Teams gain complete control & visibility over payables. All of this while increasing the Finance Teams’ productivity by over 80% by automating manual & repetitive operations and by simplifying remote collaboration within finance teams, through a powerful finance communication framework. Streamline invoice approvals, automate reminders, auto-update GLs on accounting systems, ensure audit compliance & governance with a system designed & built for finance teams. By providing the company with complete visibility into its spending, Finly keeps all company business systems in sync and offers the most dynamic reporting in the market. Their goal is to provide finance teams with tools and data that enable them to have real-time insights into their spends to make better strategic decisions and remove all expense management hurdles as your business scales.
39. Fisdom
Headquarter(s): Bangalore, Karnataka
Founded: 2015
Focus Area: Investment management, personal finance, save tax, building wealth
Industry: Financial services
Website:http://www.fisdom.com/
Fisdom is an automated investment service provider that manages a personalized online investment account. The personal finance startup also provides personalized investment recommendations. It plans to monetize by charging a commission from financial services companies and mutual funds. Its one-stop solution for customers choosing from a wide range of financial products, spell convenience in wealth management. Its trusted partnerships with leading banks, NBFCs, and financial institutions offer its customers a robust digital platform for investing.
40. Flywire
Headquarter(s): Greater Boston Area, East Coast, New England
Founded: 2011
Focus Area: B2B, global payments, financial services, universities, higher education, currency, payment processing
Industry: Financial services
Website:http://www.flywire.com/
Flywire Corporation (Nasdaq: FLYW) is a global payments-enablement and software company trusted by organizations around the world to deliver on their customers’ most important moments. Unlike other companies, Flywire is proven to solve high-stakes vertical-specific payment and receivables problems for organizations that deliver high-value services. Whether in education, healthcare, travel, or technology, Flywire has vertical-specific insight and technology that allows organizations to optimize the payment experience for their customers while eliminating operational challenges—from invoicing to payment reconciliation. Around-the-clock multilingual support via phone, email, and chat, and online tracking, ensure that both the client and customer have complete control over their payments. Flywire supports over 2,400 clients around the world with diverse payment methods in more than 140 currencies across 240 countries and territories. The company is headquartered in Boston and has offices in Chicago, Palo Alto, London and Manchester (UK), Valencia (Spain), Shanghai, Singapore, Tel Aviv, Tokyo, Cluj (Romania), and Sydney.
41. Forward Financing
Headquarter(s): Boston, Massachusetts
Founded: 2012
Focus Area: Working capital, business funding, and fintech
Industry: Financial services
Website:https://www.forwardfinancing.com/
Forward Financing is a Boston-based financial technology company that provides fast, flexible working capital to small businesses nationwide. Its dedicated account representatives and advanced proprietary technology help customers spend less time finding capital and more time growing their business. With a simple, secure online application, business owners can trust Forward Financing for approvals within minutes, funding within hours, and personalized support when they need it most. Since 2012, Forward Financing has expanded Main Street’s access to credit by providing over $1.2 billion in funding to more than 30,000 small businesses. The company is A+ rated by the Better Business Bureau and consistently receives top ratings across all major customer review platforms. Forward Financing has been named by both Inc. Magazine and the Boston Business Journal as one of the fastest-growing companies in Massachusetts each year since 2017. Forward Financing is committed to helping more small business owners succeed and achieve their full potential.
42. Fyp
Headquarters(s): DLF Cyber City, Gurgaon, India
Founded: 2012
Focus Area: Digital banking, banking for teenagers, and Fintech
Industry: Financial Services
Website:https://www.fypmoney.in/
Fyp is a numberless prepaid card for teenagers, empowering them with financial literacy. With Fyp Prepaid card, you can make online and offline payments without setting up a Bank Account. The company employs innovative technology to make the process of learning and managing expenses easier for these young, fierce, tech-savvy brains. It is a prepaid card for teenagers and their parents to easily manage their online as well as offline transactions. To give it a twist, it has employed gamification features that will help to inculcate financial literacy in teenagers. Not only this, but they can also check their spending analysis on the app.
43. Gravity Payments
Headquarters(s): Seattle, WA
Founded: 2004
Focus Area: Merchant credit card processing, credit card payment processing, business services, small business funding, mobile credit card processing, etc.
Industry: Financial services
Website:https://gravitypayments.com/
Gravity Payments delivers friendly, world-class, in-house customer service. It serves over 13,000 merchants across America, saving them millions in fees and hours of frustration. It strives to make credit card processing as simple as possible. Its specialties include mobile credit card processing, POS solutions, electronic payment processing, working capital funding, integrated payments, Wechat pay, AliPay, affordable merchant services, best credit card processor, best merchant services, accept payments, recurring billing, and eCommerce.
44. Hyperface
Headquarters(s): Bengaluru, Karnataka
Founded: 2021
Focus Area: Credit cards
Industry: Information technology and services
Website:https://hyperface.co/
Hyperface helps companies launch their own credit card program in a matter of 4-8 weeks, as opposed to 18-24 months. Hyperface offers customizable SDKs and APIs to make people design the credit card program of the future for their customers. The startup’s key clients include eCommerce companies, neobanks, and fintech looking to offer credit cards to their customers. It earns its revenue via the pay-as-you-use pricing model. The company believes in empowering brands and fintech to offer banking products contextually to their customers. Its credit cards-as-a-service is a ready-to-go card platform for fintech looking to create a fantastic card experience.
45. Instamojo
Headquarters(s): Bengaluru, Karnataka
Founded: 2012
Focus Area: Social commerce, mobile commerce, payments, MSME, small businesses, and online stores
Industry: Internet
Website:https://www.instamojo.com/
Instamojo is India’s simplest online selling platform. It powers small, independent businesses, MSMEs & startups with online stores and online payment solutions to help them run an eCommerce business successfully. Instamojo started with Payment Links, a simple URL that one can copy and paste anywhere on the internet and receive payments online via any payment mode. The company provides products and features that are built to give every business the complete eCommerce experience.
46. Judo Bank
Headquarters(s): Southbank, Victoria
Founded: 2016
Focus Area: SME business loans, business loans, business banking, banking, and business finance
Industry: Banking
Website:https://www.judo.bank/
Judo Bank is a challenger business bank determined to lead the way forward. The company is building a strong bank delivering successful outcomes. It strives to make today better, stronger, and more productive than yesterday. Judo’s relationship model places a priority on highly skilled and knowledgeable and imaginative relationship bankers who take the time to listen to business owners and understand their business, the market they operate in, and their ambition.
47. Khatabook
Headquarters(s): Bangalore, Karnataka, India
Founded: 2019
Focus Area: Online payment, QR code, UPI, etc
Industry: Financial services
Website:https://khatabook.com/
Khatabook is the world’s fastest-growing Saas company. It has become India’s leading business management app for MSMEs with 50M+ downloads in a remarkably short period of time. Khatabook enables micro, small and medium merchants to track business transactions safely and securely. It also offers features such as online payment collection through UPI and QR; sending periodic reminders to creditors via messages and report generation. Merchants are using its app extensively while adding US$200M worth of transactions every day. The high engagement has resulted in more than 25% of the total active merchants joining the platform through word-of-mouth and referrals.
48. Klarna
Headquarters(s): Stockholm, Sweden
Founded: 2005
Focus Area: Online payments, IT development, data analysis, expansion, E-commerce, international sales, and retail
Industry: Financial services
Website:https://www.klarna.com/international/
Klarna is the leading global payments and shopping service, providing smarter and more flexible shopping and purchase experiences to 90 million active consumers across more than 250,000 merchants in 17 countries. Klarna offers direct payments, pay after delivery options, and installment plans in a smooth one-click purchase experience that lets consumers pay when and how they prefer to. It offers products and services to consumers and retailers within payments, social shopping, and personal finances. Today, the company has 4,000 employees from more than 100 nationalities who all work for the same mission: to reshape shopping, by elevating the entire shopping experience for avid shoppers.
49. KredX
Headquarters(s): Bangalore, Karnataka
Founded: 2015
Focus Area: Bill discounting, invoice financing, alternative investments, etc
Industry: Financial services
Website:https://www.kredx.com/
KredX was started with the single mission of solving working capital challenges for businesses by utilizing an asset lying idle in its balance sheet in the name of accounts receivable. The KredX suite of products gradually evolved from an Invoice Discounting Platform catering to Working Capital requirements to solving bigger problems like early payments for corporate treasuries in the form of Early Payments Technology and Growth Capital solutions while fostering a thriving community of partners. Today, KredX is India’s leading integrated cash flow solutions provider helping enterprises & suppliers through innovative offerings while providing investors with an opportunity to earn high returns at low risk through an alternative short-term instrument.
50. Lendingkart
Headquarters(s): Ahmedabad, Gujrat
Founded: 2014
Focus Area: Financing, lending, small business loans, data analytics, automated credit decisions, and business loans
Industry: Financial services
Website:https://www.lendingkart.com/
Lendingkart Technologies Private Limited is a fintech startup in the working capital space. The company has developed technology tools based on big data analysis which facilitates lenders to evaluate borrowers’ creditworthiness and provides other related services. It is a non-deposit-taking NBFC, providing SME lending in India. The company aims to transform small business lending by making it convenient for SMEs to access credit easily. The company uses technology and analytics tools, analyzing thousands of data points from various data sources to assess the creditworthiness of small businesses rapidly and accurately.
51. Lendinvest
Headquarters(s): London
Founded: 2008
Focus Area: Debt trading, mortgages, fintech, alternative lending, alternative investment, property finance, capital markets, and engineering
Industry: Financial Services
Website:https://www.lendinvest.com/
LendInvest is the UK’s leading platform for property finance. Its mission is to make property finance simple. It has built an asset management platform designed to make the process of getting a mortgage simpler, reducing the form-filling, increasing the speed to get a ‘yes, and creating a better customer experience for our borrowers, intermediaries, and investors. In 2019 the company became the first UK fintech to securitize a portfolio of buy-to-let mortgages.
52. Loanwalle
Headquarters(s): Delhi
Founded: 2015
Focus Area: Instant loan, instant loan provider, quick cash loan, money, salary advance loan, short term loans, finance, easy loan.
Industry: Financial services
Website:https://www.loanwalle.com/
Loanwalle is a fintech quick 30-minute loan company with headquarters in Delhi and branches in Mumbai, Hyderabad, Bangalore, Kolkata, and 22 more. Its main USP is to give instant loans to its clients so whatever emergency situation they are finding themselves in gets resolved without any further hurdles. It has gone beyond the tedious waiting periods and speeded up the process of approval in such a way that it gets the client’s loan approved in just 15 minutes.
53. M2P Fintech
Headquarters(s): Chennai, Tamil Nadu
Founded: 2015
Focus Area: Mobile Payments, interoperable wallets, wallet as a service, digital payments, fintech, and neo banking
Industry: Financial services
Website:https://m2pfintech.com/
M2P fintech was born out of the need to build a highly scalable, secure yet nimble technology stack at the intersection of mobility, commerce, and payments. Its mission is to help every company become a fintech company. It has been able to help 500 of them since its inception. The company challenges the status-quo of how fintech works with regulated financial services providers. It provides a state-of-the-art modular API platform to build Fintech products with seamless money flow. The company also offers resource-based URLs that accept JSON or form-encoded requests.
54. MANTL
Headquarters(s): New York
Founded: 2016
Focus Area: Financial technology, banking, credit unions, core banking technology, UI/UX, systems architecture, data security, distributed systems, cloud infrastructure, etc.
Industry: Financial services
Website:https://www.mantl.com/
MANTL is an enterprise SaaS company helping traditional financial institutions modernize and grow. Its mission is to expand access to financial services. MANTL’s white-labeled account opening platform enables people to open deposit accounts on any device in roughly 2 minutes and 37 seconds. MANTL began as a challenger bank when an aha moment inspired the founders to pivot from competing to partnering with banks to deploy its technology at scale. It helps community institutions raise billions of dollars in core deposits each year and are proving that they can compete online with the right set of tools.
55. Money View
Headquarters(s): Bengaluru, Karnataka
Founded: 2014
Focus Area: Finance, technology, operations, analytics, class-leading customer support, simple apps, quick loans, and personal loan
Industry: Financial services
Website:https://moneyview.in/
Money View redefines financial inclusivity for a billion people. The company provides a Money Manager App that helps in tracking and managing clients’ personal expenses smartly. The App auto-tracks and organizes total spending, bills, and account balances to give a single real-time view of your overall finances. Along with the app it has Money View Loans which provides instant personal loans to underserved segments through a completely digital, easy-to-use platform. Its unique credit-assessment tool looks at more than just a credit score.
56. MoneyTap
Headquarters(s): India
Founded: 2015
Focus Area: Micro-investing
Industry: Fintech, financial services
Website:https://www.moneytap.com/
MoneyTap is India’s first app-based credit line. Offered in partnership with leading banks, it is not just a personal loan, not just a credit card, but a personal credit line. In simple words, MoneyTap is catering to the credit needs of middle-class customers in India. Present in 40+ cities, MoneyTap is providing small-medium cash loans, quick credit on mobile, affordable interest rates, and flexible EMIs. The MoneyTap application process is extremely consumer-friendly. It is continuously striving to bring the most seamless and hassle-free credit experience to consumers.
57. Monzo
Headquarters(s): London, United Kingdom
Founded: 2015
Focus Area: Mobile banking
Industry: Fintech, financial services
Website:https://monzo.com/
Monzo is known for doing things differently. For too long, banking has been obtuse, complex, and opaque. Monzo wants to change that and build a bank with everyone, for everyone. Its amazing community suggests features, tests the app, and gives us constant feedback so the company can build something everyone loves. Now more than 5.62M people use Monzo’s hot coral cards to manage their money and spend around the world.
58. Morningstar India
Headquarters(s): India
Founded: 2004
Focus Area: Micro-investing
Industry: Fintech, financial services
Website:https://www.morningstar.com/
Morningstar started with an idea, one great idea from a 27-year-old stock analyst. Joe Mansueto thought it was unfair that people didn’t have access to the same information as financial professionals. So, he hired a few people and set up shop in his apartment to deliver investment research to everyone. Morningstar builds products and offers services that connect people to the investing information and tools they need. The company puts in extra work to improve the quality of work and is always looking for new ideas to empower investors.
59. Mswipe Technologies Pvt Ltd
Headquarters(s): Mumbai, India
Founded: 2011
Focus Area: Digital payments
Industry: Fintech, financial services
Website:https://www.mswipe.com/
Mswipe is an independent mobile POS merchant acquirer and network provider. The company believes in serving the smallest of merchants. India currently has 12-15 million SMEs and mobile POS is the only channel that can efficiently link these SMEs to mainstream financial services and digital commerce. The Wisepos Neo is our latest smart POS terminal that accepts all payments – card, chip, magstripe, NFC, and Scan-to-pay QR. The terminal has a long battery life of ~15 hours on a single charge.
60. N26
Headquarters(s): Berlin, Germany
Founded: 2013
Focus Area: Mobile banking
Industry: Fintech, financial services
Website:https://n26.com/en-eu
N26 is The Mobile Bank, helping you manage your bank account on the go, track your expenses, and set aside money in real-time. N26 operates with a full European banking license, and your bank account with a German IBAN is protected up to €100,000, according to EU directives. And with fingerprint identification and advanced 3D Secure technology, you can rest assured you’re extra safe when making purchases in stores and online. Discover N26 Smart, the bank account that gives you more control over your money with a direct customer service hotline if you ever need support.
61. Navi
Headquarters(s): Bengaluru, Karnataka, India
Founded: 2018
Focus Area: Micro-investing
Industry: Fintech, financial services
Website:https://navi.com/
Navi offers instant personal loans to middle-class Indians at attractive interest rates through its mobile app which can be downloaded from the Google play store and within a few minutes users can check their loan eligibility along with the loan amount and interest rate offered. Once the personal loan is approved the user can choose the amount they need and EMI they are comfortable with. After completing the simple and fully online contactless KYC process the loan amount is instantly disbursed to the user’s bank account. Most users are able to complete the process within 10-15 minutes of downloading the app.
62. Niyo Solutions
Headquarters(s): Bengaluru, Karnataka, India
Founded: 2015
Focus Area: Micro-investing
Industry: Fintech, financial services
Website:https://www.goniyo.com/
Niyo is focused on creating banking that is simpler, smarter, and safer for its customers by simplifying finance with technology. Niyo is a Bengaluru-based fintech startup that offers digital banking solutions such as prepaid payroll cards, cross-border travel payment debit cards, and multi-wallet tax benefit cards to customers. Founded in 2015, Niyo operates as a neo-bank or challenger bank and offers digital banking products and services through partnerships with banks. Niyo is present in more than 30 cities across India with an employee strength of over 10000 across different cities.
63. Nubank
Headquarters(s): Bengaluru, Karnataka, India
Founded: 2013
Focus Area: Digital solutions
Industry: Fintech, financial services
Website:https://nubank.com/
Nubank is a technology company with a young and innovative spirit that develops simple, secure, and digital solutions for your financial life. The NU way of doing things was born out of nonconformity and became a force to build fair and transparent products for you. Your money will be in a Nubank account, but the control of it is totally yours. If you need any help, Nubank is there 24/7/365 ready to help you out. Nubank is a company made for people by people. And because of that, the firm is confident that Nubank is for you.
64. OakNorth Bank
Headquarters(s): London, United Kingdom
Founded: 2013
Focus Area: Digital bank
Industry: Fintech, financial services
Website:https://www.oaknorth.com/
OakNorth Bank is a UK bank for small and medium-sized companies that provides business and property loans. The bank, which gained regulatory approval in early 2015, was founded by entrepreneurs Rishi Khosla and Joel Perlman, who had previously founded Copal Amba. In 2018, the bank’s pre-tax profit was £33.9m. OakNorth Bank is redefining the way banks lend to the Missing Middle, giving today’s entrepreneurs access to the capital they need to grow, create jobs, build communities, and power the economy. The OakNorth Credit Intelligence Suite gives banks a 360-view of their borrowers, delivering extraordinary insight, and enabling faster, smarter credit decisions to open up new, profitable markets.
65. OfBusiness
Headquarters(s): Gurugram, Haryana, India
Founded: 2015
Focus Area: Credit for SMEs
Industry: Fintech, financial services
Website:https://www.ofbusiness.com/
OFB Tech (OfBusiness) is a tech-enabled platform that facilitates raw material procurement and credit for SMEs with a focus on the manufacturing and infrastructure sectors. It integrates technology to SME’s buying behavior to make available better products, at better prices, in better timelines to customers with comprehensive online and offline support. Key raw materials include metals, chemicals, polymers, Agri commodities, petrochemicals, and building materials. OfBusiness provides SMEs access to cash flow-based financing for buying raw materials through its NBFC ‘Oxyzo Financial Services’. The Company also offers a host of tech services for SMEs including BidAssist for new growth opportunities.
66. Optiver
Headquarters(s): Amsterdam, Netherlands
Founded: 1986
Focus Area: Cash equities, exchange-traded funds, bonds, and foreign exchange
Industry: Fintech, financial services
Website:https://www.optiver.com/
Optiver is a proprietary trading firm and market maker for various exchange-listed financial instruments. Its name derives from the Dutch Optiver handelaar, or “options trader”. The company is privately owned. Optiver trades listed derivatives, cash equities, exchange-traded funds, bonds, and foreign exchange. Good management and culture. The company treats its employees fairly and maintains a great life/work balance. Hardest part is keeping up, they move quickly and they hire top-tier talent. I enjoyed the work hard, play hard mentality.
67. Paydiant
Headquarters(s): Massachusetts, United States
Founded: 2010
Focus Area: Cloud-based services
Industry: Fintech, financial services
Website:http://www.paydiant.com/
Paydiant, Inc. is a PayPal-owned financial services company based in Auburndale, Massachusetts, which was incorporated in 2010. Paydiant provides cloud-based services for merchants, banks, and point-of-sale and ATM providers. Paydiant provides a white-label mobile wallet platform that includes mobile payments, loyalty, offers, ATM cash access, and related commerce services. The patented cloud-based platform enables merchants and banks to deploy their own secure mobile wallet solutions under their own brands, in their own apps.
68. PayJoy
Headquarters(s): San Francisco, California
Founded: 2015
Focus Area: Consumer finance, mobile, data science, emerging markets, next billion, and access
Industry: Financial services
Website:https://www.payjoy.com/
PayJoy’s mission is to deliver access to credit to the next billion people in emerging markets worldwide. Its unique mobile locking technology gives customers the ability to afford their first smartphone on credit, using the phone itself as collateral, and then provides further access to credit to help weather life’s unexpected financial surprises and climb the ladder of economic well-being. PayJoy has reached millions of customers in a dozen countries around the globe, including Mexico, Brazil, India, Kenya, and South Africa, and is on a strong growth path with support from major industry partners to bring credit to the next billion emerging consumers.
69. Payoro
Headquarters(s): Birkirkara
Founded: 2021
Focus Area: Banking, finance, software, psd2, and open banking
Industry: Fintech, financial services
Website:https://payoro.com/
Payoro is an innovative PSD2 account servicing platform, connecting consumers with European financial institutions. It enables easy bank account creation and money transfer through dynamic partner relationships and innovative fintech. In accordance with PSD2, all user information is verified based on strong customer authentication (SCA) so you don’t have to worry about the legalities. With an in-house team of attorneys and auditors, Payoro handles all aspects relating to national AML and KYC, allowing financial institutions to concentrate on what they are best at handling money and building customer relationships.
70. Paytm
Headquarter(s): Noida, India
Founded: 2010
Focus Area: Mobile payments, financial services, E-Commerce, lending, and insurance
Industry: Fintech, financial services
Website:https://paytm.com/
Paytm is a global Indian technology firm located in Noida that focuses on digital payment systems, e-commerce, and finance. Paytm is currently available in 11 Indian languages. It offers a web- and mobile-based platform for mobile recharges, money transfers, bill payments, trip reservations, hotel, and ticket bookings, booking cylinders, gold purchases, and contributions, among other things. It provides banking, credit cards, loans, and investment platforms for insurance, mutual funds, and other types of investments. The app is compatible with both Android and iOS devices.
71. Perfios
Headquarter(s): Bangalore, Karnataka
Founded: 2008
Focus Area: Financial services, banking, data sciences, loan analytics, data analytics, machine learning, artificial intelligence, credit underwriting, fintech, credit risk management, and machine learning data platform
Industry: Fintech, financial services
Website:https://www.perfios.com/
Perfios is a leading product technology firm that helps organizations gather structured and unstructured data, curate it, analyze it, and use it to make better decisions. Perfios’ product solutions assist businesses in developing vertical apps across a variety of sectors. In the last nine years, Perfios has gained over 100 big clients in India and overseas, including banks, NBFCs, digital lending platforms, mutual fund firms, insurance companies, and human resources.
72. PineLabs
Headquarter(s): Noida, India
Founded: 1998
Focus Area: Payment solutions, card swipe machine (GPRS, WiFi, NFC, DGPRS), EMI at POS, business loan at POS, mobile wallet acceptance at POS, POS integration with the billing system, card points redemption at POS, and POS integration with the billing system
Industry: Information technology and services
Website:https://www.pinelabs.com/
Pine Labs provides a merchant platform with technological and financial solutions to assist merchants in growing revenue, lowering the cost and complexity of running a business, and managing the risks that come with it. The firm brings together financial institutions and consumer brands to enable merchants to provide value to their consumers. Pine Labs and its technology platform enable physical and online last-mile retail transactions, give merchants consumer data for targeted sales, and provide risk-managed finance solutions to help merchants expand their businesses.
73. Plum
Headquarter(s): London, England
Founded: 2016
Focus Area: Money management
Industry: Financial services
Website:https://withplum.com/
Plum is driven by automation and works as a financial autopilot. You’re in command, with smart expenditure analytics and budgeting tools at your disposal to help you reach your financial goals. Plum will get you there securely, so you won’t have to worry about things like saving money or finding the greatest price on home expenses. Plum helps you get the most out of your savings and investments. They have imagined a world in which people manage their money without having to worry about it or even think about it.
74. Policy Bazaar
Headquarter(s): Gurgaon, Haryana, India
Founded: 2008
Focus Area: Insurance, banking liabilities, and loans
Industry: Insurance
Website:https://www.policybazaar.com/
PolicyBazaar.com is a leading online life and general insurance aggregator in India. They specialize in comparing and contrasting insurance policies. The comparison is based on pricing, quality, and major features. All of India’s major public and private insurance firms have strong ties with PolicyBazaar.com. Life insurance, health insurance, vehicle insurance, travel insurance, business insurance, and lending companies are among their partners. They use these alliances to streamline their expertise and business processes, display pricing directly from insurers, compare plans with full information, and provide the option of purchasing insurance online.
75. Prodigy Finance
Headquarter(s): London
Founded: 2007
Focus Area: International MBA funding, student finance, postgraduate funding, international masters funding, and fintech
Industry: Financial services
Website:https://prodigyfinance.com/
Prodigy Finance was founded by three INSEAD MBA alumni who had first-hand experience with the challenges of funding an overseas degree. They decided to tackle this problem and revolutionize the industry in 2007, and since then, Prodigy Finance has supported over 19,000 students from 115 countries attending over 750 institutions all over the world. Prodigy Finance thinks that talent knows no boundaries and that the greatest education should be offered to the most deserving pupils. The firm offers no-collateral education loans to worldwide master’s students who wish to follow their dreams at the world’s top universities.
76. RazorPay
Headquarter(s): Bangalore, Karnataka, India
Founded: 2014
Focus Area: Financial products, payment processing, payout processing, banking services, neo banking, working capital loans, E-commerce fraud detection, and payroll processing
Industry: Computer Software
Website:https://razorpay.com/
Razorpay is the first full-stack financial solutions provider in India. They’re on a quest to improve the payment experience for more than 300 million people. They hope to make it possible for Indian businesses, large and small, to take payments online with little effort and maximum convenience. Razorpay has evolved from a payment gateway provider to a solutions-oriented company with a broad product suite for accepting and disbursing payments, as well as raising funds and parking money. In a nutshell, the corporation may be found in every nook and cranny of your organization that involves money.
77. Remitly
Headquarter(s): Seattle, Washington
Founded: 2011
Focus Area: Mobile payments, remittance, digital money transfer, and fintech
Industry: Financial services
Website:https://www.remitly.com/us/en/india
Remitly is an international payments firm that uses digital methods to transmit money throughout the world, including mobile phones. Customers can move money across borders faster, cheaper, and more conveniently using Remitly’s digital products. It assists the millions of immigrants across the world who leave their families behind to live and work in another nation. These unsung heroes keep their pledges to look after individuals they care about and offer them opportunities for advancement. They work hard to make their hard-earned money go further, ensuring that more of it reaches their loved ones securely.
78. Renewbuy
Headquarter(s): Gurgaon, Haryana, India
Founded: 2015
Focus Area: Insurance, two-wheeler insurance, car insurance, motor insurance, health insurance, life insurance, online insurance, insurance POSP advisors, travel insurance, insurance advisor, and insurance POSP
Industry: Financial Services
Website:https://www.renewbuy.com/
Indraneel Chatterjee and Balachander Sekhar founded RenewBuy in 2015. Its business operates on a B2B2C model, with a unique technology platform (App & Web platform) that allows their trained POSP (point of sale person)/advisor to sell insurance to their clients. RenewBuy operates based on a digital agent model, which provides transparency and quick insurance at cheaper costs from a variety of sources. RenewBuy has 42 offices with a total of 1312 employees and works with over 20 insurers in the areas of auto, health, life, and travel insurance.
79. Riskified
Headquarter(s): New York
Founded: 2013
Focus Area: E-commerce, machine learning, chargeback guarantee, card not present, eliminating chargebacks, and minimizing declines
Industry: Computer Software
Website:https://www.riskified.com/
Riskified is on a mission to help businesses reach their full eCommerce potential by making it secure, accessible, and frictionless. They’ve created a cutting-edge platform that enables internet businesses to build trusting connections with their customers. Their software identifies the human behind each online contact using machine learning and a worldwide merchant network, allowing merchants – their customers – to reduce risk and ambiguity from their company. When compared to their merchants’ performance before onboarding, they produce better sales, lower fraud, and other operational expenses, and deliver superior consumer experiences.
80. Robinhood
Headquarter(s): Menlo Park, California
Founded: 2013
Focus Area: Financial markets
Industry: Financial services
Website:https://robinhood.com/us/en/
Robinhood was established on the basic premise that financial markets should be open to everyone. This hasn’t always been simple in an industry where restrictions have existed for far too long. They’re leveling the playing field by making trading more straightforward, inexpensive, and inclusive, so that everyone can participate in the financial system, regardless of wealth or industry experience. They think that the financial system should be designed to benefit all people. That is why they provide products that enable you to begin investing at your own speed and on your own terms.
81. Rubique
Headquarter(s): Mumbai, Maharashtra, India
Founded: 2014
Focus Area: Financial products
Industry: Financial services, Fintech
Website:http://www.rubique.com/
Rubique, a fintech firm, demystifies complicated financing procedures and empowers consumers and small businesses by giving quick and easy access to credit through a variety of credit cards and loan products, making finance simple for them. Rubique’s marketplace lending platform, which is based on a unique matchmaking algorithm, offers ground-breaking features such as real-time processing and online approval through direct interaction with financial institutions’ systems, considerably decreasing processing time. Rubique’s technology uses data analytics to analyze clients’ creditworthiness (loan origination qualification), providing predictability by presenting him with suitable offers to pick from.
82. Shiksha Finance
Headquarter(s): Chennai, Tamil Nadu, India
Founded: 2014
Focus Area: Education
Industry: Financial services
Website:https://shikshafinance.com/
Shiksha Finance is an RBI-licensed non-bank finance company (NBFC) that has made a significant impact in the education sector by providing loans for asset creation and working capital to schools and educational institutions to establish high-quality educational infrastructure, as well as loans for school fees to lower-income parents to lower school drop-out rates. School vendors may also be granted loans in exchange for the delivery of goods and/or services to schools. They operate across the education sector, with a particular focus on the bottom of the pyramid’s cheap education (and schooling) segment.
83. Shopkeep
Headquarter(s): New York
Founded: 2008
Focus Area: iPad point of sale, IPad cash register, cloud POS, mobile POS, POS system, and POS software
Industry: Computer software
Website:https://www.lightspeedhq.com/
ShopKeep by Lightspeed empowers tens of thousands of small companies to sell in-store and online, accept payments, and manage their day-to-day operations. Businesses use ShopKeep by Lightspeed to manage their inventory and workers, create an eCommerce shop, send invoices, get real-time sales statistics, and more – all from a single, user-friendly platform. ShopKeep by Lightspeed is based in New York City, with offices in Portland (OR), Chicago (IL), and Belfast (NIR).
84. SoFi
Headquarter(s): San Francisco, California, United States
Founded: 2011
Focus Area: Insurance, loans, personal finance, credit scores, budgeting
Industry: Fintech, financial services
Website:https://www.sofi.com/
SoFi aims to help its customers reach their financial goals. It is a finance company that offers a wide range of lending and wealth management services. The company primarily caters to aspiring professionals and offers variable and fixed-rate percentages for personal, study loans, mortgage refinancing, and more. They develop modern financial products to help people borrow, save, invest, and protect their money better so that they achieve financial independence.
85. Spring Labs
Headquarter(s): Marina Del Ray, California, United States
Founded: 2017
Focus Area: Blockchain, credit, financial services
Industry: Fintech
Website: https://www.springlabs.com/
Spring Labs created the Spring Protocol. It is a network designed to allow network participants, such as financial institutions, to share information, such as credit and identity data, without needing to share any underlying information. The company allows organizations to share information among themselves to verify their identities and reduce fraud by securing all the information. Spring protocol focuses on ‘thin file’ or ‘credit invisible’ consumers by creating incentives to provide data and create value.
86. Starling Bank
Headquarter(s): London, United Kingdom
Founded: 2014
Focus Area: Banking, payment services
Industry: Fintech, financial services
Website: https://www.starlingbank.com/
Starling Bank is an award-winning, fully-licensed, and regulated bank that is created to provide the customers with fairer, smarter, and, more humane alternatives to the banks of the past. The company offers different types of accounts like a joint, teen, business, euro, dollar, personal, and child cards. Starling also provides B2B banking facilities and payment services through its banking-as-a-service model based on the proprietary technology platform created by the bank. Its world-class tech has reimagined banking for the future.
87. Stripe
Headquarter(s): San Francisco, California, United States
Founded: 2010
Focus Area: SaaS technology, mobile payments, online invoicing, billing
Industry: Fintech, financial services
Website:https://stripe.com/en-in
Stripe is a technology company that is focused on building economic infrastructure for the internet. Businesses of every size, starting from new startups to public companies, use the company’s software to accept online payments and run complex global operations. Stripe combines economic infrastructure with a set of applications for modern business models like crowdfunding and marketplaces, fraud prevention, analytics, and more. The company navigates for global regulatory uncertainty and partners closely with internet leaders like Apple, Google, and Twitter, to name a few.
88. Suplari
Headquarter(s): Seattle, Washington, United States
Founded: 2016
Focus Area: Artificial intelligence, machine learning, finance, enterprise software
Industry: Financial services
Website:https://suplari.com/
Suplari is an innovative startup, led by veteran entrepreneurs focused on leveraging machine learning to help enterprises change the way they manage their suppliers and costs. The company has developed the first-ever Spend Intelligence Cloud that enables finance, procurement, and business leaders to continuously and collaboratively optimize sourcing, forecasting, risk, and compliance. Suplari aggregates data from disconnected internal systems including contracts, invoices, and other relevant data into a common data store.
89. Tag
Headquarter(s): Islamabad, Pakistan
Founded: 2020
Focus Area: Money transfer, instant P2P transfers, mobile recharge, financial services
Industry: Fintech
Website: https://tagme.pk/
TAG Innovation is the first digital bank of Pakistan. It provides digital wallets and payment services to its customers. TAG provides its users with a personal IBAN account number to receive funds from anyone around the world, without any charges attached. It also provides an easy money transfer feature that allows the transfer of money from any bank or digital wallet in Pakistan. Their systems are encrypted with the highest levels of security so that the personal information and transaction details of the customers are not jeopardized.
90. Tala
Headquarters(s): Santa Monica, California
Founded: 2011
Focus Area: Mobile technology, credit scores, big data
Industry: Financial services
Website:https://tala.co.in/
Tala is a fintech company that aims to build financial systems that can work and help everyone. Tala has disbursed about US$1 Billion to more than 4 million customers across East Africa, Mexico, the Philippines, and India. Most of the businesses in these regions have expanded the businesses to pay school fees and bills for building more stable financial lives. The company is powered by data science and machine learning that builds modern credit infrastructure from scratch.
91. Tandem
Headquarter(s): London, United Kingdom
Founded: 2015
Focus Area: Banking, finance
Industry: Financial services
Website:https://www.tandem.co.uk/
Tandem is building a good green bank. Tandem Bank operates as an internet bank, accompanied by a web app. It is challenging the traditional banking legacy by building an app and other products with input from their community of users. Tandem’s goal is to make money simple, help the users save and relax from financial stress. Its open banking feature ensures easier management than traditional bank transfers and is more secure than card payments.
92. Tide
Headquarter(s): London, United Kingdom
Founded: 2015
Focus Area: Banking, credit, mobile apps, financial services
Industry: Fintech
Website:https://www.tide.co/en-in/
Tide’s mission is to help SMEs save time and money while running a business. It is one of the leading providers of digital business banking services and is also one of the UK’s fastest-growing fintech. Tide platform not only offers business accounts and related banking services but is also a comprehensive set of highly usable administrative solutions, such as full integration with accounting systems. Tide believes that truly serving SMEs requires a relentless focus on their needs.
93. TransferWise
Headquarter(s): London, United Kingdom
Founded: 2011
Focus Area: Payments, finance
Industry: Fintech, financial services
Website:https://wise.com/
TransferWise is now known as Wise. This platform focuses on providing a core money transfer product, along with a borderless account for its audience of travelers and freelancers. The primary mission of Wise is to help people make money without borders. Their multi-currency account and the clever debit card will replace the international banking systems. This platform mainly focuses on customer experiences to be transparent, simple, and fair.
94. TransUnion
Headquarter(s): Chicago, United States
Founded: 1968
Focus Area: Information technology, credit bureau, legal
Industry: Financial services
Website:https://www.transunion.com/#
TransUnion is a global information and insights company that helps establish trustworthy relationships between customers and businesses, by ensuring that each partner is reliably and safely represented in the market. The company provides a platform that brings total credit protection, all in one place, from credit alerts, credit scores, and credit reports. With this help, organizations can better understand consumers to make more informed decisions. Businesses and consumers can transact safely and achieve great things together.
95. TrueAccord
Headquarter(s): Lenexa, Kansas, United States
Founded: 2013
Focus Area: Debt Collection, machine learning, financial services
Industry: Fintech
Website:https://www.trueaccord.com/
TrueAccord is reinventing the relationship between creditors and lenders with an ML-driven digital approach for debt collection. The company’s technology personalized outreach to each customer across digital channels, optimizing for performance while delivering a customer experience that will build long-term brand loyalty. TrueAccord also believes in building ethical values in organizations to promote equality and advance diversity and inclusion in the workplace. The company believes in bringing the A-game and continues to be prepared to contribute the best.
96. TrueLayer
Headquarter(s): London, United Kingdom
Founded: 2016
Focus Area: Banking, developer APIs, developer Tools
Industry: Fintech, financial services
Website: https://truelayer.com/
TrueLayer is focused on building an infrastructure that puts fintech at people’s fingertips. Its fintech platform is utilized to build different financial apps that connect to bank data, verify accounts, and access transactions in real-time. It uses its toolkit to develop consumer and server message block applications in the areas of payments, online lending, robotic advisers, insurance, P2P marketplaces, and cryptocurrencies. It aims to grow the open banking economy for companies to develop new financial services and plans.
97. Upstox
Headquarter(s): Mumbai, Maharashtra, India
Founded: 2010
Focus Area: Trading platform, finance
Industry: Fintech
Website:https://upstox.com/
Upstox is a fintech company that allows innovative investment options for its clients. It also provides securities brokerage and stock trading services. It also allows retail investors to trade in the equity market through its platform, which ensures that the clients reap the benefits of a high-tech online trading platform and world-class services every step of the way from the time they open an account to executing trades and beyond.
98. Varo Bank
Headquarter(s): San Francisco, United States
Founded: 2015
Focus Area: Mobile banking
Industry: Fintech
Website:https://www.varomoney.com/
Varo is an entirely new kind of bank. It is driven by a mission to redefine banking so it is easy for everyone to make smart choices with their money. In one mobile app, Varo offers customers no-cost premium bank accounts and high-interest savings accounts offered through the BanCorp Bank, and tech-first features to help people manage their money efficiently. The company believes that every person regardless of their net worth should be treated fairly by the banks if they want to succeed.
99. Venmo
Headquarter(s): New York, United States
Founded: 2009
Focus Area: Payment service
Industry: Financial service
Website: https://venmo.com/
Venmo is a mobile payment service that is owned by PayPal. The account holders of Venmo can transfer funds to others via a mobile phone app, but the only condition of this payment app is that both the sender and receiver need to stay in the U.S itself. It is a digital wallet that can make money transactions easier for everyone ranging from students to small businesses. The users can purchase items and split checks without using a credit card. It also allows you to choose a funding source by linking a credit card, bank account, or using the Venmo balance too.
100. Zebpay
Headquarters(s): Malta, Rezeknes, Latvia
Founded: 2014
Focus Area: Cryptocurrency Exchange
Industry: Financial services, blockchain, apps
Website:https://zebpay.com/
Zebpay is a trusted and secure crypto exchange with a wallet that serves customers across the globe. Zebpay is available on the Web, Android, and iOS for trading bitcoin, ether, ripple, and various other popular cryptocurrencies. Zebpay for Android and iOS offers a seamless mobile trading experience to everyone, everywhere. More than 3 million consumers have trusted Zebpay for its security and ease of use for crypto trading worldwide. It is one of the first major exchanges to integrate Lightning Network transactions.