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.
Upstox
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Upstox is a fin-tech company to allow innovative investment options for its users.
CredAble
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CredAble combines technology, financing, deep learning, and analytics to create innovative supply chain financing products dynamically.
GetVantage
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GetVantage is India and Southeast Asia’s first fintech enabled Revenue-based financing platform.
IDfy
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IDfy is a people information company helping companies combat fraud by providing services such as background verifications.
Eduvanz
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Eduvanz is a fintech Non-banking Finance Company for students seeking financial assistance.
Jai Kisan
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Jai Kisan is a fintech platform that provides sustainable financing for rural emerging markets.
Stratzy
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Stratzy let’s users invest in ideas and strategies and bringing institutional-grade investment products to everyday investors.
InCred
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InCred is a financial services platform that leverages technology and data-science to make lending quick and easy.
Billdesk
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BillDesk develops an integrated technology platform and unified APIs to make digital payments easy and accessible.
U Gro Capital
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U Gro Capital is a fintech platform that provides lending services for SMEs.
Kodo
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Kodo is a fintech startup focused on serving the corporate card and B2B payments needs of small businesses.
CASHe
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For timely EMI payments or squaring monthly bills, making a major purchase that you so desired
FlexiLoans
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FlexiLoans is a digital lending platform for SMEs in India
Financepeer
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Financepeer is an AI based peer to peer lending platform.
PayU Finance India
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PayU Finance India is a digital lending company.
ftcash
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ftcash empowers the underserved micro-merchanrs through financial inclusion using digital payments and loans.
ePaylater
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ePaylater gives customers the option to ‘buy now and pay later’ on online portals with just one click.
Credit Fair
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Credit Fair operates as a consumer lending fintech startup.
LenDenClub
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LenDenClub is a digital platform to bring investors and loan seekers at one place to achieve a common goal.
Happy
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Happy is a digital lending platform offering short term loans using alternate data to micro-enterprises in India
National Stock Exchange
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NSE is India’s stock exchange covering various cities and towns across the country.
SMECorner
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SMEcorner is a financial lending firm that focuses on providing services to small and medium enterprises.
PaySense
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PaySense provides financial services to Indian consumers.
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.
PayMate
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PayMate is an Indian market leader in B2B payments for Enterprise and SME across supply chains.
Mahindra finance
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Mahindra Finance focuses on the rural and semi-urban sectors and provides finance for the purchase of utility vehicles, tractors, and cars.
CreditMate
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CreditMate helps the lending industy Collect faster, smarter and better.
Easy Home Finance
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Easy Home Finance is a mortgage-tech startup.
dezerv.
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dezerv. offers an integrated portfolio approach to investment, providing higher returns with lower risk.
Fintso
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Providing solutions for the Financial Advisory Ecosystem
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.
Piggy
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Piggy is an investment application that allows direct fund investments.
goDutch
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GoDutch is a fintech application that powers group payments.
Cashinvoice
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Cashinvoice is a fintech provider with a digital marketplace for supply chain financing.
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
WealthDesk
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WealthDesk is a business-to-business-to-consumer (B2B2C) investment-tech platform.
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.
APAC Financial Services
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APAC Financial Services is a financial services platform.
Capital First
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Capital First is a Financial Institution in India focused on providing debt financing to MSMEs and Indian consumers.
Tyke
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Tyke is India’s first online investment platform where startup investment starts at INR 5,000
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.
Easiloan.com
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Easiloan.com is the first AI-enabled fintech solution for home loans.
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.
AdvaRisk
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A B2B fraud detection and decision support platform for financial institutions
Digital India Payments
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Digital India Payments is a financial technology company.
ePaisa – enabling commerce
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ePaisa is an Ai & ML based Point of Sale with payment acceptance, inventory & more.
Market Pulse Technologies
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Use technology to transform market enthusiasts into confident traders and investors.
CashRich
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CashRich, a simple wealth management app, helps its users to manage their money more confidently.
Ayekart Fintech
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Ayekart Fintech is an integrated supply chain and finance platform startup.
moneytor
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Moneytor is making debt collection more efficient.
RKSV
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RSKV is a financial trading platform which help the investor to easily buy and sell stocks in the stock market.
Avenues Payments India Pvt. Ltd.
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Avenues Payments is an IT solutions provider for the remittance\money transfer and forex industries.
CredFIC
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CredFIC is a enterprise consultant and knowledge solutions provider that provides specialized financial knowledge to aspiring founders.
CityCash
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CityCash is a financial technology company bringing state-of-the-art technologies.
Easyplan
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Easyplan develops a financial application that helps young people to easily save money.
KyePot
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Kyepot, a mobile platform, offers users with social financial services, including community-based saving, lending, and borrowing facilities.
Monexo
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Monexo is an online peer to peer lending marketplace with the goal of providing superior customer experience.
CreditVidya
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CreditVidya offers alternate data based credit scores for underwriting first time borrowers using machine learning and big data analytics.
Loanbaba.com
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Loanbaba.com is a operates consumer lending marketplace
Blue
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Blue develops and offers an online platform for banking and intercompany settlement
Fincash.com
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A startup in the personal finance space in India .
Auxesis Group
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Innovative company specialised in Enterprise Blockchain and Distributed ledger technology.
Capzest
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Capzest is a digital lending platform focused on unsecured financing for income generation purposes
Z2P
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Credit-analysis and micro-loans to people based on proprietory credit algorithms based on machine learning.
JSW Ventures
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JSW Ventures provides early stage venture capital to companies.
HEM ANGELS
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Financial Services, Investment Banking, Private Equity, Fintech
Wealthtrust
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Wealthtrust offers a wealth manager application that enables its users to invest and manage their investments online.
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..
Infrasoft Technologies
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Infrasoft Technologies delivers IPR-based software solutions for causes, including retail banking, trading and compliance frameworks.
DigiLend Analytics & Technology
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DigiLend Analytics & Technology is a marketplace that enables individuals like you to avail unsecured personal loans.
TranZact
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TranZact is a Cloud based P2P Network Platform where businesses can connect, collaborate and transact with each other.
Z3Partners
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India Market Leader in Tech and Digital Investing
Safegold
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SafeGold focuses on using technology to improve transparency and efficiency in buying gold.
Pay1
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Pay1 is a retail tech platform focused on empowering the unorganised retailers of India.
Fable Fintech
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Fable Fintech provides a money transfer technology system to banks, money transfer operators and payment banks
Tavaga Advisory Services Pvt Ltd
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Tavaga empowers retail investors by giving access to the same technology, process, advice & products used by professional investment funds
PocketBits
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PocketBits is the most innovative Cryptocurrency Exchange in India with over 50+ Trading pairs.
Valuefy Solutions
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Valuefy is a premier investment technology company serving the leading financial institutions in India and across the world.
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.
Cointab
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Cointab is a digital banking platform that enables consumers to pay for everyday things and manage accounts with ease.
Multi Commodity Exchange of India Ltd
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India’s first listed exchange, is a state-of-the-art, commodity futures exchange
Asset Vantage Systems Pvt. Ltd.
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Automated Portfolio Management and Accounting
Leaf Fintech
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Leaf Fintech is a financial consultant that offers affordable mortgages with competitive interest rates.
SelFin India Financial Services Private Limited
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We are a registered NBFC targeting the micro & small business segment, aspiring to become the trusted financial advisor to MSMEs in India.
Algo Engines
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Algo Engines helps financial institutions defend themselves against fraudsters. We are a SaaS platform that secures mobile payment.
DigiSparsh
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DigiSparsh is a fintech focused on healthcare lending.