Best Fintech Brands in India – List of Top 10 Fintech Companies

Check out Best Fintech Brands in India here also find out the list of Top 10 Fintech Companies.

India has shown a shift to digital modes of payment where fintech companies and startups work based on the quality of service they provide.

With the help of secure online payments, customers have also adapted the idea of online transactions which show the success of different fintech companies in India.

Best Fintech Brands in India – List of Top 10 Fintech Companies

Following is the list of the top 10 fintech companies in the nation across the several sub-sectors:

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PayTM – Best Fintech Brand in India

In 2010, Vijay Shekhar Sharma founded Paytm which is also now a leading digital wallet company holding a significant position in India’s financial market.

Its headquarter is in Delhi, India. Also many use Paytm digital wallet and it has earned traction just after three months of demonetization in 2016.

Besides, from the user base of 125 million, Paytm increased its user base to 185 million. After which Paytm is just growing and it reached 300 million in 2018.

Paytm started as a recharge platform and DTH along with wallet aid to perform transactions. But now it has grabbed various components.

Paytm enables its users to do recharges, pay bills, make a recharge of DTH, do bank transfers, recharge the metro card, payment fees, payment on local shops, make UPI transactions, and many more services.

Paytm also undertook a trading forum known as Paytm Money and e-commerce known as Paytm Mall.

India’s biggest payments company gives multi-destination payment solutions. With Paytm, merchants can also transfer money from any bank to any bank with 0% additional charges.

The fintech company Paytm will double transaction volume to about 12 million by the end of this year.

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PhonePe – Top Fintech Company in India

PhonePe, a financial technology company was founded by Rahul Chari, Sameer Nigam, Burzin Engineer in 2015. It has its headquarters in Bengaluru, India.

PhonePe gives payments apps based on UPI and also for recharges, e-commerce, and all the online services. It is a one-stop app to send or receive money, do recharges, shop one, etc.

PhonePe was the top company performing UPI payments in India in 2019.

Using PhonePe is very simple, the user just needs to link their bank account and they can transfer money or receive via the UPI platform. It is also available in 11 languages.

Goibibo, Ola, Freshmenu, Redbus are partnered with PhonePe.

RazorPay – Best Fintech Companies in India

RazorPay, founded in 2014 is an Indian company for payment that gives solutions to online retailers and merchants.

Well, RazorPay enables businesses to shell out, accept, and process payments via digital mode through credit cards, debit cards, UPI, net banking, or wallets.

The team undertook three financial commodities for Indian startups namely, RazorPay X, RazorPay Flash Check out, and RazorPay Capital, and also The X Club.

RazorPay professes to administer 170,000 Small & Medium Enterprises.

Zerodha – Top 10 Fintech Companies in India

Zerodha was established by Nithin Kamath in 2010. Bengaluru, Karnataka is its headquarters and it has shown its presence in many Indian cities.

Zerodha is a financial service providing company in India which provides institutional broking, trading, bonds, mutual funds as well as currencies.

Zerodha is one of the biggest Indian retail stockbrokers with an effective client base. It contributes to the Indian stock exchanges with an increase of 2% of everyday retail volumes.

Now, as per the valuation, Zerodha has fundings of 1 billion. Besides, the valuation works based on ESOP buyback practice which the company made esteeming each share.

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Policy Bazaar – Best Fintech Brands

Headquarters at Delhi, India Policy Bazaar was established by Yashish Dahiya and Alok Bansal in 2008.

Also, Policy Bazaar is an insurance company to give actual insurance information to the customer along with all the transparency.

Policy Bazaar is a company where customers can comprehend the methods which suit them in taking insurance.

It provides attainable alternatives to choose from to its customers. Policy Bazaar focuses on security and reliability and thus all the conversations have a record.

The company brings a 100% YOY growth as they have 100 million customers.

LendingKart – Top Fintech Companies

The Founders of LendingKart are Harshvardhan Lunia and Mukul Sachan, which was founded in 2014 in Ahmedabad. LendingKart as an NBFC focused on the MSME as well as the capital space.

It uses big data analytics to assist lenders to analyze borrower’s worthiness of credit and makes the loan disbursement process quicker than old traditional banks.

Its mission is to make the process of credit access for Small & Medium Enterprise simpler.

Cred – Top 10 Fintech Brands in India

Cred is the product of ambition looked at by Kunal Shah. Kunal Shah is also the founder of FreeCharge.

Cred intends for making payments through credit card in a more simple way and also rewards for each payment made on time.

Cred just asks for your phone number and gives you your credit score with Experian, CRIF, and Cibil.

ezTap – Best Fintech Brands in India

The company was founded by Bhaktha Keshvachar and Abhijit Bose. The startup gives financial institutions and businesses reasonable specialized transaction solutions.

Eztap’s Universal Payments program came into the market to give proficiency for the businesses to accept any payment method from anywhere and from any device by also giving a choice of a banking partner to the customer.

Mswipe – Top 10 Fintech Companies

Mswipe’s founder is Manish Patel. Its headquarter is located in Bengaluru, India. Mswipe helped merchants as well as retailers in remote places.

Mswipe can operate with computers, tablets, smartphones as well as links to bank accounts. This is a point of sale terminal for all retailers and merchants.

The main advantage of Mswipe is that it provides cheaper terminals than the competitors and it can also work at 2G speed of the network.

Recently, Mswipe made findings of 31 million.

Bill Desk – Top Fintech Company in India

Ajay Kaushal founded Billdesk with it’s headquarter in Mumbai, India. Billdesk was developed for the ease of payments of bills.

The economic medium to manage payments was also a crucial part in Billdesk. From remembering whom to pay, to receive payments, the whole process has been managed by Billdesk.

Besides, the main benefit which Billdesk gives is that it pays the bill at one click from any Billdesk platform.

Billdesk along with Visa rolled out SI hub to help customers make regular payments with the use of credit cards which require just one-time enrollment.

Billdesk has earned about 257.5 million fundings.  

In Conclusion – Best Fintech Brands in India

The Above-mentioned were leading 10 fintech companies in India which also boosted a new ray in the country by delivering financial solutions with new technology.

The sector of fintech is foreseen to expand even more with the findings of numerous AI technologies.

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