101 Best Mumbai FinTech Startups – The Future of FinTech

November 28, 2021

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
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Top Mumbai FinTech Startups

Data sourced from Crunchbase and SemRush.

CoinDCX

CoinDCX

Crunchbase Website Twitter Facebook Linkedin

CoinDCX operates as a cryptocurrency exchange aggregator.

Upstox

Upstox

Crunchbase Website Twitter Facebook Linkedin

Upstox is a fin-tech company to allow innovative investment options for its users.

Upstox

CredAble

Crunchbase Website Twitter Facebook Linkedin

CredAble combines technology, financing, deep learning, and analytics to create innovative supply chain financing products dynamically.

Upstox

GetVantage

Crunchbase Website Twitter Facebook Linkedin

GetVantage is India and Southeast Asia’s first fintech enabled Revenue-based financing platform.

Upstox

IDfy

Crunchbase Website Twitter Facebook Linkedin

IDfy is a people information company helping companies combat fraud by providing services such as background verifications.

Upstox

Eduvanz

Crunchbase Website Twitter Facebook Linkedin

Eduvanz is a fintech Non-banking Finance Company for students seeking financial assistance.

Upstox

Jai Kisan

Crunchbase Website Twitter Facebook Linkedin

Jai Kisan is a fintech platform that provides sustainable financing for rural emerging markets.

Upstox

Stratzy

Crunchbase Website Twitter Facebook Linkedin

Stratzy let’s users invest in ideas and strategies and bringing institutional-grade investment products to everyday investors.

Upstox

InCred

Crunchbase Website Twitter Facebook Linkedin

InCred is a financial services platform that leverages technology and data-science to make lending quick and easy.

Upstox

Billdesk

Crunchbase Website Twitter Facebook Linkedin

BillDesk develops an integrated technology platform and unified APIs to make digital payments easy and accessible.

Upstox

U Gro Capital

Crunchbase Website Twitter Facebook Linkedin

U Gro Capital is a fintech platform that provides lending services for SMEs.

Upstox

Kodo

Crunchbase Website Twitter Facebook Linkedin

Kodo is a fintech startup focused on serving the corporate card and B2B payments needs of small businesses.

Upstox

CASHe

Crunchbase Website Twitter Facebook Linkedin

For timely EMI payments or squaring monthly bills, making a major purchase that you so desired

Upstox

FlexiLoans

Crunchbase Website Twitter Facebook Linkedin

FlexiLoans is a digital lending platform for SMEs in India

Upstox

Financepeer

Crunchbase Website Twitter Facebook Linkedin

Financepeer is an AI based peer to peer lending platform.

Upstox

PayU Finance India

Crunchbase Website Twitter Facebook Linkedin

PayU Finance India is a digital lending company.

Upstox

ftcash

Crunchbase Website Twitter Facebook Linkedin

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

Upstox

ePaylater

Crunchbase Website Twitter Facebook Linkedin

ePaylater gives customers the option to ‘buy now and pay later’ on online portals with just one click.

Upstox

Credit Fair

Crunchbase Website Twitter Facebook Linkedin

Credit Fair operates as a consumer lending fintech startup.

Upstox

LenDenClub

Crunchbase Website Twitter Facebook Linkedin

LenDenClub is a digital platform to bring investors and loan seekers at one place to achieve a common goal.

Upstox

Happy

Crunchbase Website Twitter Facebook Linkedin

Happy is a digital lending platform offering short term loans using alternate data to micro-enterprises in India

Upstox

EnKash

Crunchbase Website Twitter Facebook Linkedin

EnKash – Commercial Payments & Cards Platform

Upstox

National Stock Exchange

Crunchbase Website Twitter Facebook Linkedin

NSE is India’s stock exchange covering various cities and towns across the country.

Upstox

SMECorner

Crunchbase Website Twitter Facebook Linkedin

SMEcorner is a financial lending firm that focuses on providing services to small and medium enterprises.

Upstox

PaySense

Crunchbase Website Twitter Facebook Linkedin

PaySense provides financial services to Indian consumers.

Upstox

AGS Transact Technologies

Crunchbase Website Twitter Facebook Linkedin

AGS Transact end-to-end payment solutions provider with a wide spectrum of highly customized solutions with the aid of modern technology.

Upstox

PayMate

Crunchbase Website Twitter Facebook Linkedin

PayMate is an Indian market leader in B2B payments for Enterprise and SME across supply chains.

Upstox

Rubique

Crunchbase Website Twitter Facebook Linkedin

Online marketplace lending platform

Upstox

Mahindra finance

Crunchbase Website Twitter Facebook Linkedin

Mahindra Finance focuses on the rural and semi-urban sectors and provides finance for the purchase of utility vehicles, tractors, and cars.

Upstox

CreditMate

Crunchbase Website Twitter Facebook Linkedin

CreditMate helps the lending industy Collect faster, smarter and better.

Upstox

Easy Home Finance

Crunchbase Website Twitter Facebook Linkedin

Easy Home Finance is a mortgage-tech startup.

Upstox

dezerv.

Crunchbase Website Twitter Facebook Linkedin

dezerv. offers an integrated portfolio approach to investment, providing higher returns with lower risk.

Upstox

Fintso

Crunchbase Website Twitter Facebook Linkedin

Providing solutions for the Financial Advisory Ecosystem

Upstox

HomeCapital

Crunchbase Website Twitter Facebook Linkedin

HomeCapital is a tech company focused on helping people buy their first home with down payment assistance at zero interest cost.

Upstox

Piggy

Crunchbase Website Twitter Facebook Linkedin

Piggy is an investment application that allows direct fund investments.

Upstox

goDutch

Crunchbase Website Twitter Facebook Linkedin

GoDutch is a fintech application that powers group payments.

Upstox

Cashinvoice

Crunchbase Website Twitter Facebook Linkedin

Cashinvoice is a fintech provider with a digital marketplace for supply chain financing.

Upstox

Nuo

Crunchbase Website Twitter Facebook Linkedin

Nuo is a financial control center to store, spend, and grow your crypto.

Upstox

Credit Wise Capital

Crunchbase Website Twitter Facebook Linkedin

CreditWise Capital is a consumer finance digital NBFC that aims to leverage technology to make lending quick and easy

Upstox

WealthDesk

Crunchbase Website Twitter Facebook Linkedin

WealthDesk is a business-to-business-to-consumer (B2B2C) investment-tech platform.

Upstox

Arya.ai

Crunchbase Website Twitter Facebook Linkedin

Arya.ai offers ‘Autonomous AI’ product stack for financial institutions to automate and augment core business tasks using Deep Learning.

Upstox

APAC Financial Services

Crunchbase Website Twitter Facebook Linkedin

APAC Financial Services is a financial services platform.

Upstox

Capital First

Crunchbase Website Twitter Facebook Linkedin

Capital First is a Financial Institution in India focused on providing debt financing to MSMEs and Indian consumers.

Upstox

Tyke

Crunchbase Website Twitter Facebook Linkedin

Tyke is India’s first online investment platform where startup investment starts at INR 5,000

Upstox

ORO Wealth

Crunchbase Website Twitter Facebook Linkedin

ORO Wealth is an online wealth management platform that provides financial planning services.

Upstox

Upwards Fintech

Crunchbase Website Twitter Facebook Linkedin

Upwards Fintech financial company.

Upstox

Auxilo

Crunchbase Website Twitter Facebook Linkedin

A pro education NBFC registered with the Reserve Bank of India poised on serving the financing gaps in the Indian Education Sector.

Upstox

Easiloan.com

Crunchbase Website Twitter Facebook Linkedin

Easiloan.com is the first AI-enabled fintech solution for home loans.

Upstox

Chillr

Crunchbase Website Twitter Facebook Linkedin

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

Upstox

AdvaRisk

Crunchbase Website Twitter Facebook Linkedin

A B2B fraud detection and decision support platform for financial institutions

Upstox

Digital India Payments

Crunchbase Website Twitter Facebook Linkedin

Digital India Payments is a financial technology company.

Upstox

ePaisa – enabling commerce

Crunchbase Website Twitter Facebook Linkedin

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

Upstox

Market Pulse Technologies

Crunchbase Website Twitter Facebook Linkedin

Use technology to transform market enthusiasts into confident traders and investors.

Upstox

CashRich

Crunchbase Website Twitter Facebook Linkedin

CashRich, a simple wealth management app, helps its users to manage their money more confidently.

Upstox

Ayekart Fintech

Crunchbase Website Twitter Facebook Linkedin

Ayekart Fintech is an integrated supply chain and finance platform startup.

Upstox

moneytor

Crunchbase Website Twitter Facebook Linkedin

Moneytor is making debt collection more efficient.

Upstox

PaisaDukan

Crunchbase Website Twitter Facebook Linkedin

A P2P lending marketplace platform

Upstox

OneStack

Crunchbase Website Twitter Facebook Linkedin

FinTech, Financial Services, Banking

Upstox

RKSV

Crunchbase Website Twitter Facebook Linkedin

RSKV is a financial trading platform which help the investor to easily buy and sell stocks in the stock market.

Upstox

Avenues Payments India Pvt. Ltd.

Crunchbase Website Twitter Facebook Linkedin

Avenues Payments is an IT solutions provider for the remittance\money transfer and forex industries.

Upstox

CredFIC

Crunchbase Website Twitter Facebook Linkedin

CredFIC is a enterprise consultant and knowledge solutions provider that provides specialized financial knowledge to aspiring founders.

Upstox

CityCash

Crunchbase Website Twitter Facebook Linkedin

CityCash is a financial technology company bringing state-of-the-art technologies.

Upstox

Easyplan

Crunchbase Website Twitter Facebook Linkedin

Easyplan develops a financial application that helps young people to easily save money.

Upstox

KyePot

Crunchbase Website Twitter Facebook Linkedin

Kyepot, a mobile platform, offers users with social financial services, including community-based saving, lending, and borrowing facilities.

Upstox

Monexo

Crunchbase Website Twitter Facebook Linkedin

Monexo is an online peer to peer lending marketplace with the goal of providing superior customer experience.

Upstox

CreditVidya

Crunchbase Website Twitter Facebook Linkedin

CreditVidya offers alternate data based credit scores for underwriting first time borrowers using machine learning and big data analytics.

Upstox

Loanbaba.com

Crunchbase Website Twitter Facebook Linkedin

Loanbaba.com is a operates consumer lending marketplace

Upstox

Blue

Crunchbase Website Twitter Facebook Linkedin

Blue develops and offers an online platform for banking and intercompany settlement

Upstox

Fincash.com

Crunchbase Website Twitter Facebook Linkedin

A startup in the personal finance space in India .

Upstox

Auxesis Group

Crunchbase Website Twitter Facebook Linkedin

Innovative company specialised in Enterprise Blockchain and Distributed ledger technology.

Upstox

LoanXpress.com

Crunchbase Website Twitter Facebook Linkedin

Online SME Loan Marketplace, Facilitator

Upstox

Capzest

Crunchbase Website Twitter Facebook Linkedin

Capzest is a digital lending platform focused on unsecured financing for income generation purposes

Upstox

Z2P

Crunchbase Website Twitter Facebook Linkedin

Credit-analysis and micro-loans to people based on proprietory credit algorithms based on machine learning.

Upstox

JSW Ventures

Crunchbase Website Twitter Facebook Linkedin

JSW Ventures provides early stage venture capital to companies.

Upstox

HEM ANGELS

Crunchbase Website Twitter Facebook Linkedin

Financial Services, Investment Banking, Private Equity, Fintech

Upstox

Wealthtrust

Crunchbase Website Twitter Facebook Linkedin

Wealthtrust offers a wealth manager application that enables its users to invest and manage their investments online.

Upstox

Sevenring Innovations Private Limited

Crunchbase Website Twitter Facebook Linkedin

7 Ring is Asia’s 1st open-loop contactless payment wearable finger ring, certified and powered by MasterCard, and very soon by VISA too..

Upstox

Infrasoft Technologies

Crunchbase Website Twitter Facebook Linkedin

Infrasoft Technologies delivers IPR-based software solutions for causes, including retail banking, trading and compliance frameworks.

Upstox

DigiLend Analytics & Technology

Crunchbase Website Twitter Facebook Linkedin

DigiLend Analytics & Technology is a marketplace that enables individuals like you to avail unsecured personal loans.

Upstox

TranZact

Crunchbase Website Twitter Facebook Linkedin

TranZact is a Cloud based P2P Network Platform where businesses can connect, collaborate and transact with each other.

Upstox

Z3Partners

Crunchbase Website Twitter Facebook Linkedin

India Market Leader in Tech and Digital Investing

Upstox

Safegold

Crunchbase Website Twitter Facebook Linkedin

SafeGold focuses on using technology to improve transparency and efficiency in buying gold.

Upstox

Pay1

Crunchbase Website Twitter Facebook Linkedin

Pay1 is a retail tech platform focused on empowering the unorganised retailers of India.

Upstox

Fable Fintech

Crunchbase Website Twitter Facebook Linkedin

Fable Fintech provides a money transfer technology system to banks, money transfer operators and payment banks

Upstox

Tavaga Advisory Services Pvt Ltd

Crunchbase Website Twitter Facebook Linkedin

Tavaga empowers retail investors by giving access to the same technology, process, advice & products used by professional investment funds

Upstox

Yobee

Crunchbase Website Twitter Facebook Linkedin

Simplifying trading for everyone

Upstox

PocketBits

Crunchbase Website Twitter Facebook Linkedin

PocketBits is the most innovative Cryptocurrency Exchange in India with over 50+ Trading pairs.

Upstox

Valuefy Solutions

Crunchbase Website Twitter Facebook Linkedin

Valuefy is a premier investment technology company serving the leading financial institutions in India and across the world.

Upstox

Indiabulls

Crunchbase Website Twitter Facebook Linkedin

Indiabulls is an Indian group with its headquarters in Mumbai. It has presence in sectors ranging from Real Estate, Infrastructure.

Upstox

Equiseed Wealth

Crunchbase Website Twitter Facebook Linkedin

Digital Wealth Management

Upstox

Cointab

Crunchbase Website Twitter Facebook Linkedin

Cointab is a digital banking platform that enables consumers to pay for everyday things and manage accounts with ease.

Upstox

Wright

Crunchbase Website Twitter Facebook Linkedin

Quantitative Investment Management and Research

Upstox

Multi Commodity Exchange of India Ltd

Crunchbase Website Twitter Facebook Linkedin

India’s first listed exchange, is a state-of-the-art, commodity futures exchange

Upstox

Asset Vantage Systems Pvt. Ltd.

Crunchbase Website Twitter Facebook Linkedin

Automated Portfolio Management and Accounting

Upstox

Global PayEx

Crunchbase Website Twitter Facebook Linkedin

Global PayEx is a B2B fintech company.

Upstox

Monech

Crunchbase Website Twitter Facebook Linkedin

Monech is a financial service company.

Upstox

Leaf Fintech

Crunchbase Website Twitter Facebook Linkedin

Leaf Fintech is a financial consultant that offers affordable mortgages with competitive interest rates.

Upstox

SelFin India Financial Services Private Limited

Crunchbase Website Twitter Facebook Linkedin

We are a registered NBFC targeting the micro & small business segment, aspiring to become the trusted financial advisor to MSMEs in India.

Upstox

CryptoControl

Crunchbase Website Twitter Facebook Linkedin

Crypto Trading Terminal

Upstox

Algo Engines

Crunchbase Website Twitter Facebook Linkedin

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

Upstox

DigiSparsh

Crunchbase Website Twitter Facebook Linkedin

DigiSparsh is a fintech focused on healthcare lending.

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