“Top 10 Fintech Startups in India, Empowering Financial Empowerment and Inclusion”

Top Fintech Startups in India
Top Fintech Startups in India

WHAT IS FINTECH?

Fintech, short for “financial technology,” refers to the innovative use of technology in the financial industry to improve and enhance financial services. It encompasses a wide range of technological advancements, digital solutions, and disruptive business models that aim to provide more efficient, convenient, and accessible financial products and services.

Top Fintech Startups in India ,companies leverage technology, such as mobile apps, artificial intelligence, blockchain, data analytics, and cloud computing, to create new and improved ways of conducting financial transactions, managing finances, and accessing financial services. They often challenge traditional financial institutions by offering alternative solutions that are faster, more cost-effective, and user-friendly.

Fintech has transformed various areas of finance, including banking, payments, lending, insurance, investment management, and personal finance. Examples of fintech innovations include: mobile payment apps, peer-to-peer lending platforms, robo-advisors, digital wallets, crowdfunding platforms, and automated financial planning tools.

The rise of fintech has democratized financial services, providing access to underserved populations, promoting financial inclusion, and streamlining processes for businesses and consumers alike. It has also fostered greater competition and innovation within the financial industry, driving improvements in customer experience, efficiency, and transparency.

The Futuristic Growth – India is the 3rd largest Fintech ecosystem in the world, having drawn in more than USD 30 billion since 2014. The CAGR of Fintech market in 2025 is expected to be 24.57%. With the government’s support and VC funding, this industry will continue to grow.

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Top Fintech Startups in India
Top Fintech Startups in India

List of Top 10 Fintech Startups in India:

1.PhonePe:

PhonePe is a popular digital payments platform and mobile app launched in India in 2016. It is considered as most talked about Top Fintech Startups in India. It allows users to make convenient financial transactions using their smartphones. With services like money transfers, bill payments, online shopping, and more, PhonePe operates on the Unified Payments Interface (UPI) system for seamless fund transfers. Users can link their bank accounts, choose from various payment options, and enjoy features like bill splitting and mutual fund investments. PhonePe has partnerships with businesses online and offline, offers secure encryption, and provides customer support, making it a leading digital payment platform in India.

RatingsAmbition Box Ratings 4.2 with ‎1,124 reviews, Glassdoor Rating 4.1 with ‎734 votes

Category RatingsParameters
4.1Salary & Benefits
4Company Culture
3.9Skill Development
3.9Work-Life Balance
3.9Job Security
3.8Work Satisfaction
3.6Promotions / Appraisal

PhonePe Employee Benefits:

Health Insurance, Job Training, Team Outings, Soft Skill Training, Work From Home, Free Transport, Cafeteria,
Free Food, Education Assistance, Child care, International Relocation, Gymnasium. Source Ambition BoxPhonePe Tech Stack JavaScript, Python, jQuery, PHP, Java, NGINX, CSS 3, jQuery UI, Ruby, Amazon Web Services,Microsoft Azure,Shell, Swift, Kotlin, Objective-C

Jobs at PhonePe: Click Here.

2. CRED:

CRED is a digital platform and mobile application that focuses on rewarding users for making credit card payments. Launched in India, CRED offers a seamless and secure way for individuals to manage their credit card bills and rewards. The platform allows users to track their credit card expenses, pay bills, and earn CRED Coins as a form of reward. CRED is considered as most Innovative Top Fintech Startups in India.These coins can be redeemed for various offers, discounts, and exclusive deals from partner brands. CRED also provides features like credit score tracking, bill payment reminders, and personalized recommendations, making it a valuable tool for credit card users in India.

RatingsAmbition Box Ratings 4 with ‎59 reviews, Glassdoor Rating 4.2 with ‎100 votes
Category RatingsParameters
4Salary & Benefits
4Company Culture
3.6Skill Development
3.6Work Satisfaction
3.5Work-Life Balance
3.5Job Security
3.4Promotions / Appraisal
CRED Employee Benefits:
Team Outings, Free Food, Health Insurance, Job Training,Work From Home , CafeteriaSoft Skill Training Education Assistance ,Free Transport, Gymnasium, International Relocation. Source Ambition Box
CRED Tech Stack JavaScript, Python, Node.js, React, HTML5, Java, MySQL, NGINX, PostgreSQL, Google Drive, Redis,Amazon S3, Amazon EC2, Firebase, Android SDK, AWS Lambda, Spring Boot,Google Cloud Platform,Kafka, Flask, Swift, Golang, Amazon RDS, Flutter, Kotlin, Amazon DynamoDB, Dart, Apache Spark, Amazon SQS, Amazon Redshift, Alpine Linux, Amazon Athena, Apache Flink, Dropwizard,Amazon Redshift
Jobs at CRED: Click Here.

3. GROWW :

Groww is a popular online investment platform and mobile app based in India. It aims to simplify investment and wealth management for individuals. Launched in 2017, Groww allows users to invest in a wide range of financial instruments such as mutual funds, stocks, gold, and more. The platform provides a user-friendly interface, making it easy for beginners to start investing. GROWW is one of Top Fintech Startups in India in Investment Tech segment.
Users can research investment options, track their portfolios, and execute transactions seamlessly. Groww offers features like goal-based investing, SIP (Systematic Investment Plan) options, and educational resources to help users make informed investment decisions. It has gained significant popularity as a trusted investment platform in India.
RatingsAmbition Box Ratings 4 with ‎100 reviews, Glassdoor Rating 4.2 with ‎244 votes
Category RatingsParameters
4.1
Company Culture
3.8
Job Security
3.8
Work-Life Balance
3.7
Work Satisfaction
3.6
Skill Development
3.4
Salary & Benefits
3.3
Promotions / Appraisal

GROWW Employee Benefits: 

Health Insurance, Work From Home, Team Outings, Job Training, Cafeteria, Soft Skill Training, Education Assistance, Free Food, Child care, Free Transport, Gymnasium
GROWW Tech Stack Python,Node.js, React, Java, MySQL, NGINX, Ubuntu, ES6, Redis, Amazon EC2, Firebase, React Native, Redux, Amazon Web Services, Spring Boot, Google Cloud Platform,Kafka, RabbitMQ, Golang, Apache Tomcat, Debian, Kotlin, CentOS, C++, Google BigQuery, Airflow, InfluxDB, MSSQL, Spring Data, Android OS, Kafka Streams, Clickhouse, RxJava, Hazelcast, Percona, Appsmith,ProxySQL
Jobs at GROWW : Click Here.

4. ZERODHA:

Zerodha is a prominent Indian financial services company that operates as a discount brokerage firm. Established in 2010, Zerodha has grown rapidly and has become the largest retail stockbroker in India. While specific revenue figures may vary, it is estimated that Zerodha generates significant annual revenue through its brokerage services. It is one of the most valued Top Fintech Startups in India, As of my knowledge cutoff in September 2021, Zerodha had a considerable employee count of over 2,000 individuals. The company is known for its innovative approach, low-cost structure, and user-friendly trading platforms like Kite. Zerodha has played a pivotal role in revolutionizing the retail investment landscape in India with its disruptive model.
RatingsAmbition Box Ratings 4 with ‎101 reviews, Glassdoor Rating 4.3 with ‎144 votes
Category RatingsParameters
4.1Company Culture
4Skill Development
3.9Work-Life Balance
3.9Salary & Benefits
3.9Work Satisfaction
3.8Job Security
3.6Promotions / Appraisal

ZERODHA Employee Benefits: 

Job Training, Health Insurance, Work From Home, Soft Skill Training, Team Outings Cafeteria, Education Assistance, Gymnasium, Child care, Free Transport, Free Food.
ZERODHA Tech Stack  JQuery, PHP, Ubuntu Apache HTTP Server,Bootstrap, jQuery UI DigitalOcean
Jobs at ZERODHA: Click Here.

5.AMAZON PAY:

The list of Top Fintech Startups in India also has Retail Gaint Amazon India, Amazon Pay is a digital payment service offered by Amazon, one of the world’s largest e-commerce companies. As of my knowledge cutoff in September 2021, specific revenue figures for Amazon Pay are not available separately, as they are included in Amazon’s overall financial reports. However, it is important to note that Amazon Pay contributes significantly to Amazon’s overall revenue stream, driven by its widespread adoption and integration across various Amazon services.
Regarding employee count, Amazon as a whole had a substantial global workforce of over 1.3 million employees as of September 2021. However, specific employee figures for Amazon Pay are not publicly disclosed separately.
For the most accurate and up-to-date information on Amazon Pay’s revenue and employee count, it is advisable to refer to the latest financial reports or official sources related to Amazon.
RatingsAmbition Box Ratings 4.2 with ‎97 reviews, Glassdoor Rating 3.9 with ‎11 votes
Category RatingsParameters
4.2Skill Development
4.1Company Culture
4Salary & Benefits
4Work Satisfaction
4Work-Life Balance
4Promotions / Appraisal
3.8Job Security

AMAZON PAY Employee Benefits: 

Job Training, Work From Home, Free Transport, Soft Skill Training, Team Outings, Health Insurance, Free Food, International Relocation,Cafeteria,Education.
AMAZON PAY TECH STACK: React, Java. MySQL. AngularJS, Amazon S3, Amazon EC2, Redux, Amazon RDS, Amazon DynamoDB, Amazon SQS, Perl, Amazon VPC, Amazon Redshift, Amazon EBS
Amazon EMR, redux-saga, Amazon SimpleDB
Jobs at AMAZON PAY : Click Here.

 

6. GOOGLEPAY

Google Pay is a widely-used digital payment platform provided by Google. As of my knowledge cutoff in September 2021, specific revenue figures for Google Pay are not publicly disclosed separately. However, it is a significant part of Google’s overall financial performance, contributing to its revenue stream. With a considerable Compound Annual Growth Rate (CAGR), Google Pay has experienced robust growth due to its popularity and user adoption. GooglePay has been one of the most Innovative Top Fintech Startups in India.

The market size for digital payments, including Google Pay, has been expanding rapidly, driven by the increasing shift towards cashless transactions. Google Pay has a large user base, leveraging its seamless integration with Google’s ecosystem and widespread acceptance at various online and offline merchants.

Regarding employee count, Google as a whole had a global workforce of over 140,000 employees as of September 2021. However, specific employee figures for Google Pay are not publicly disclosed separately.

For the most up-to-date and accurate information on Google Pay’s revenue and employee count, it is advisable to refer to the latest financial reports or official sources related to Google.

RatingsAmbition Box Ratings 4.1 with ‎122 reviews, Glassdoor Rating 3.9 with ‎11 votes

GOOGLE PAY Employee Benefits: 

Job Training, Work From Home, Free Transport, Team Outings, Soft Skill Training, Education Assistance
International Relocation, Health Insurance, Cafeteria, Free Food, Gymnasium, Child care.

GOOGLE PAY TECH STACK: Not Available
GOOGLE PAY JOBS: Google’s WebsiteLinkedin

7. EARLY SALARY(Fibe.in)

EarlySalary is an Indian fintech company that provides innovative lending solutions through its mobile application. Launched in 2015, EarlySalary offers salary advances and personal loans to individuals in need of quick access to funds. The company leverages technology and data analytics to assess creditworthiness and provide instant approvals. Users can conveniently apply for loans through the app and receive funds directly into their bank accounts. It is one of the latest entrants into the list of Top Fintech Startups in India.

EarlySalary aims to bridge the gap between paydays and empower individuals with financial flexibility. With a user-friendly interface and efficient loan processing, EarlySalary has gained popularity as a trusted source of short-term financial assistance in India.

RatingsAmbition Box Ratings 4.2 with ‎57 reviews, Glassdoor Rating 4.1 with ‎61 votes
Category RatingsParameters
4.3Company Culture
4.1Skill Development
4.1Job Security
4.1Promotions / Appraisal
4Salary & Benefits
4Work-Life Balance
3.8Work Satisfaction

 

EARLY SALARY Employee Benefits: 

Work From Home, Team Outings, Health Insurance, Soft Skill Training, Job Training,Cafeteria

EARLY SALARY TECH STACK: Google Analytics, WordPress, and Google Tag Manager,CrUX Dataset, Yoast WordPress SEO Plugin, and Yoast Plugins.
EARLY SALARY JOBS: Click Here

 

8. BHARATPE

One of the Top Fintech Startups in India has BharatPe, for small and medium-sized merchants. Founded in 2018, BharatPe aims to simplify and digitize the traditional cash-based transactions at offline merchants. The company provides merchants with a single QR code that integrates multiple payment options, including UPI, credit/debit cards, and mobile wallets, enabling seamless transactions. Additionally, BharatPe offers working capital loans to merchants based on their transaction history. With a focus on empowering merchants and promoting financial inclusion, BharatPe has gained popularity and expanded its services across various cities in India, providing a convenient and efficient payment ecosystem for merchants and customers.

RatingsAmbition Box Ratings 3.1 with ‎201 reviews, Glassdoor Rating 4.1 with ‎220 votes
Category RatingsParameters
3.6
Work-Life Balance
3.6
Salary & Benefits
3.5
Skill Development
3.5
Company Culture
3.4
Work Satisfaction
3.2
Promotions / Appraisal
3.1
Job Security

 

BHARAT PE Employee Benefits: 

Job Training, Work From Home, Free Transport, Team Outings, Soft Skill Training, Education Assistance
International Relocation, Health Insurance, Cafeteria, Free Food, Gymnasium, Child care.

BHARAT PE TECH STACK: HTML5jQuery, and Google Analytics,SPF, Domain Not Resolving, and HST
BHARATPE JOBS: Click Here

9. UPSOTX

Retail Customer trading is on the list of Top Fintech Startups In India. Upstox is an Indian discount brokerage company that provides online trading services to retail investors. Established in 2010, Upstox offers a user-friendly platform for trading in equities, commodities, currencies, and derivatives. The company aims to democratize investing by providing affordable and accessible trading services to individuals. Upstox offers low-cost brokerage plans, advanced trading tools, and a seamless mobile app for easy trading on the go. With a growing user base, Upstox has gained popularity in India’s retail trading segment. The company is known for its efficient customer support and commitment to providing a transparent and reliable trading experience to its clients.

RatingsAmbition Box Ratings 3.9 with ‎101 reviews, Glassdoor Rating 3.8 with ‎128 votes
Category RatingsParameters
3.7
Work-Life Balance
3.9
Salary & Benefits
3.7
Skill Development
3.8
Company Culture
3.4
Work Satisfaction
3.9
Promotions / Appraisal
3.7
Job Security

 

UPSTOX Employee Benefits:

Job Training, Health Insurance, Work From Home, Soft Skill Training, Team Outings Cafeteria, Education Assistance, Gymnasium, Child care, Free Transport, Free Food.
UPSTOX  TECH STACK: jQuery, PHP, Gmail, NGINX, and WordPress are some of the popular tools that Upstox uses.
UPSTOX JOBS: Click Here

10. DIGIT

The latest entrants to the list of Top Fintech Startups in India is Digit, It is an Indian insurtech company that offers digital insurance solutions to individuals. Launched in 2016, Digit aims to simplify the insurance process by leveraging technology and providing a seamless user experience. The company offers a range of insurance products, including motor, health, travel, and home insurance, with customizable coverage options. Digit emphasizes transparency, simplicity, and quick claims settlement. Through their user-friendly app, customers can purchase and manage policies conveniently. With a customer-centric approach, Digit has gained popularity in the Indian insurance market, attracting a significant customer base. The company continues to innovate and disrupt the traditional insurance industry by providing hassle-free and customer-friendly insurance solutions.

RatingsAmbition Box Ratings 3.8 with 393‎ reviews, Glassdoor Rating 3.8 with ‎301 votes
Category RatingsParameters
3.5
Work-Life Balance
3.5
Salary & Benefits
3.8
Skill Development
3.7
Company Culture
3.6
Work Satisfaction
3.5
Promotions / Appraisal
3.8
Job Security

DIGIT Employee Benefits:

Job Training, Health Insurance, Work From Home, Soft Skill Training, Team Outings Cafeteria, Education Assistance, Gymnasium, Child care, Free Transport, Free Food.
DIGIT TECH STACK: Not available 
DIGIT JOBS: Click Here

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