Top 10 Fintech Companies In India That Every Indian Should Know
Fintech companies brought a significant change to the Indian economy. FinTech stands for Financial Technology. Here are some of the FinTech companies that are making headlines in the finance industry.
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Top 10 Fintech companies in India
PayTM is one of the best Fintech companies in India. It is a leading digital wallet company in India. Paytm enables its users to do recharges, pay bills, do bank transfers, pay fees, payment to local shops, and make UPI transactions. It was founded by Vijay Shekhar Sharma in 2010.
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PhonePe is a one-stop app to send or receive money, recharge, do bank transfers, and make UPI transactions. The user just needs to link their bank account with PhonePe and they can transfer or receive money via the UPI platform. The app is available in 11 languages.
RazorPay allows businesses to accept, process and disburse payments with its product suite. It gives solutions to online retailers and merchants. The user has access to all payment modes, including credit cards, debit cards, UPI, and popular mobile wallets.
Zerodha is a financial service providing company in India which offers retail brokerage, currencies and commodities trading, mutual funds, and bonds. It was established by Nithin Kamath in 2010.
Policy Bazaar is an insurance company which gives insurance information to the customer about various insurance policies. It is a one-stop destination online for all types of insurance products. The users can compare insurance policies and financial services from major insurance companies.
Lendingkart is a non-deposit taking NBFC, providing SME lending in India. It assists lenders to analyse borrowers’ worthiness of credit and makes the loan disbursement process easier. It was founded in 2014 by Harshvardhan Lunia and Mukul Sachan.
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Cred is a free credit card bill payment mobile application. It rewards users for paying their card bills on time. The app is linked to your credit cards. Cred just asks for your phone number and gives you your credit score with Experian, CRIF, and Cibil.
EzTap gives financial institutions and businesses a reasonably specialised transaction solution. Businesses can accept any payment method from anywhere and from any device by using this app. It is one of the best fintech companies in India.
BillDesk provides an online payment platform for its clients which enables banking and merchant website transactions. The whole process of payment is managed by BillDesk. It has earned about 257.5 million in funding.
ZestMoney platform combines mobile technologies, digital banking and artificial intelligence to make life more accessible for millions of Indian customers. It is the fastest way to pay using EMI even if you do not have a credit card. It breaks down repayments into 3 or 4 bite-sized amounts with 0% interest.
These are the top 10 Fintech companies in India. What is your favourite Fintech company? Share your answer in the comment section below.