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Top 8 fintech companies in India 2022

Fintech companies in India

Fintech companies provide financial services to the greater public.

Such services include deposits, loans, savings, and investing.

India is the 3rs largest in the world in several unicorns with a home of 101 unicorns.

The total valuation of 101 unicorns is $332.7 billion as of June 6.

Among 101 unicorns, 21 are fintech companies.

India is also the 3rd largest in the world in the number of fintech companies.

Now you’ll look at the top 8 Fintech companies in India.

1. Paytm


  •         Founded: August 2010
  •         Founder: Vijay Shekhar Sharma
  •         Revenue: Rs 3,187.6 crores, FY 2021
  •         Headquarters: B-121, Sector 5, Noida, Uttar Pradesh, India

Founded in august 2010, Paytm is a platform for transaction money with other people, businesses, etc…

You also can shop for specific products on it, and book flights, movies, train tickets, etc…

Vijay Shekhar Sharma is the founder and CEO of Paytm.

Paytm is a public company, listed on the stock exchange on November 18, 2021.

Paytm has over 150 million monthly active users.

The current valuation of Paytm is worth 6.3 billion dollars.

Paytm has More than 10,000 employees.

The top 3 shareholders of the company are Ant Group (24.90%), SoftBank Vision Fund (17.47%), and SAIF Partners (15.10%).

2. Zerodha


Founded: 12 Aug 2010

Founders: Nithin Kamath, Nikhil Kamath

Revenue: Rs 2,729 crore in FY21

Headquarters: Bangalore, Karnataka

Zerodha was founded on 12 Aug 2010 by two brothers Nithin Kamath and Nikhil Kamath.

The company offers trading services in mutual funds, stocks, commodities, equity F&O, and currency.

They are India’s first discount brokerage.

Over 9+ million clients place millions of orders every day through Zerodha.

Zerodha is the biggest stockbroker in India in terms of active retail clients because of its disruptive pricing models and in-house technology.

The current CEO and CFO of the company are Nithin Kamath and Nikhil Kamath respectively.

The company valuation as of 2022 is  $2 billion.



Founded: 2018

Founders: Kunal Shah

Revenue: Rs 88.6 crores in FY21

Headquarter: Bengaluru

CRED is the second-fastest-growing unicorn startup in India.

Established in 2018 by Kunal shah, CRED provides users with a platform to pay their credit dues, rent, and other bills.

If the rent, credit dues, and other bills are paid on time CRED rewards its users.

In short, CRED offers rewards for users who use its platform to pay credit card bills.

They also provide short-term credit lines.

Kunal Shah is the current CEO of CRED.

As per livemint, the current valuation of CRED is more than 6.5 billion dollars.

They have a total of 9 rounds of funding.

Over the 9 rounds, they have raised $922.2 million.

4. Bharatpe


Founded: 20 March 2018

Founders: Ashneer Grover, Shashvat Nakrani

Revenue: Rs 120 Cr in FY21

Headquarters: New Delhi

Bharatpe provides digital payment services specifically to merchants/shop owners.

The company was founded on 20 March 2018 by Ashneer Grover and Shashvat Nakrani.

Bharatpe accepts payments from 150+ apps (such apps are google pay, phonepe) through the UPI system with only a single QR sticker.

And all their transactions are free.

Suhail Sameer is the current CEO of Bharatpe.

Over 6 million + merchants are on Bharatpe’s extensive network.

Currently, BharatPe is valued at $2.8 billion.

5. Pine labs

pine labs

Founded: 1998

Founders: Lokvir Kapoor, Rajul Garg, Tarun Upadhyay

Revenue: INR 701.62 Cr in FY20

Headquarter: Noida

It is the oldest fintech company among all the top fintech companies in India I have included here.

Founded in 1998, Pine labs is a merchant platform company that provides technology and financial solutions for merchants.

Such solutions increase their revenue and reduce cost, complexity, and risk.

Over 1 lakh merchants across the sector use pine labs solutions.

100+ brands, 15 banks, and 7 financial institutions are part of Pine Labs’ platform.

The current CEO of Pine labs is Amrish Rau.

Over 13 rounds, pine labs raised a total of 1.2 billion dollars in funding.

Pine labs have a valuation of over 6 billion dollars.

6. Razorpay


Founded: Dec 2014

Founders: Harshil Mathur, Shashank Kumar

Revenue: Rs 800 Cr In FY21

Headquarters: Bangalore, Karnataka

The company was founded in December 2014 by Shashank Kumar and Harshil Mathur.

Razorpay provides a fast, affordable, and secure way for payment services to merchants, vendors, and eCommerce platforms.

Razorpay gives access to all payment modes including debit card, credit card, net banking, UPI, and popular wallets such as Mobikwik, Airtel Money, Ola Money, and PayZapp.

Razorpay has raised $816.3M over 10 funding rounds.

The current CEO of the company is Harshil Mathur.

The current valuation of Razorpay is 7.5 billion dollars.

It is the most valuaed fintech company among all these top 8 fintech companies in India.

7. Groww


Founded: 2016

Founders: Harsh Jain, Ishan Bansal Dean, Lalit Keshre, Neeraj Singh

Revenue: ₹40.4 crores in FY21

Headquarters: Bengaluru, Karnataka

Groww is an investment platform that allows investors to invest money in mutual funds and stocks online.

The company was founded in 2016 by 4 founders Harsh Jain, Ishan Bansal Dean, Lalit Keshre, and Neeraj Singh.

Their targeted customers are first-time investors and millennials.

Lalit Kesher is the CEO of Grow.

The company has raised a total of $393.3M in funding over 6 rounds.

The company is valued at $3 billion as of 2021.

8. Acko


Founded: 3 November 2016

Founders: Varun Dua

Revenue: Rs 195.6 Crore FY20

Headquarters: Mumbai, Maharashtra, India

The company was established on 3 November 2016 by Varun Dua.

Varun Dua is also the current CEO of Acko.

Acko is a general insurance company that offers car/bike insurance, and health insurance plans.

It is the first digital insurer company and is the fastest-growing insurance company in India.

Its operations are offered through the digital platform.

The company has raised total funding of 458 million dollars over 6 rounds.

Acko is now valued at $1.1 billion.


What are fintech companies?

Fintech (financial technology) companies provide financial services to the greater public through digital platforms.

What are the top 8 Fintech companies in India?

Here’s a list of the top 8 fintech companies in India:

  1.       Paytm
  2.       Zerodha
  3.       CRED
  4.       BharatPe
  5.       Pine labs
  6.       Razorpay
  7.       Groww
  8.       Acko

What are the fintech companies in Bangalore?

Among these top 8 fintech companies in India, 4 companies are located in Bangalore, they are:

  1.       Zerodha
  2.       CRED
  3.       Razorpay
  4.       Groww

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