Top 10 Fintech Startups in India 2026
SUMMARY
India has become one of the world’s fastest-growing fintech markets. Digital payments, online investments, digital lending, and insurance services have changed the way people manage money. Government initiatives like Digital India, Aadhaar, and the Unified Payments Interface (UPI) have encouraged millions of people to use digital financial services.
Today, fintech startups are helping individuals and businesses complete transactions faster, invest more easily, and access financial products with just a smartphone. These companies are also supporting financial inclusion by bringing banking and payment services to people across the country.
Here are the top fintech startups in India that are driving innovation and shaping the future of digital finance in 2026.
Top 10 Fintech Startups in India 2026
| Startup | Founded | Founder(s) | Headquarters | Category | Best Known For |
|---|---|---|---|---|---|
| PhonePe | 2015 | Sameer Nigam, Rahul Chari, Burzin Engineer | Bengaluru, Karnataka | Digital Payments | UPI and Financial Services |
| Razorpay | 2014 | Harshil Mathur, Shashank Kumar | Bengaluru, Karnataka | Payment Solutions | Business Payment Solutions |
| CRED | 2018 | Kunal Shah | Bengaluru, Karnataka | Consumer Finance | Credit Card Rewards Platform |
| Groww | 2016 | Lalit Keshre, Harsh Jain, Neeraj Singh, Ishan Bansal | Bengaluru, Karnataka | WealthTech | Investment and Trading Platform |
| BharatPe | 2018 | Ashneer Grover, Shashvat Nakrani | New Delhi | Merchant Finance | Merchant Payment Solutions |
| Navi | 2018 | Sachin Bansal, Ankit Agarwal | Bengaluru, Karnataka | Digital Finance | Loans and Insurance Services |
| Pine Labs | 1998 | Lokvir Kapoor, Rajul Garg, Tarun Upadhyay | Noida, Uttar Pradesh | Merchant Commerce | POS and Merchant Commerce Solutions |
| ACKO | 2016 | Varun Dua | Bengaluru, Karnataka | InsurTech | Digital Insurance Platform |
| MobiKwik | 2009 | Bipin Preet Singh, Upasana Taku | Gurugram, Haryana | Digital Wallet | Wallet and Buy Now, Pay Later (BNPL) |
| Fi Money | 2019 | Sujith Narayanan, Sumit Gwalani | Bengaluru, Karnataka | Neo Banking | Smart Digital Banking Services |
PhonePe
Image Courtesy:PhonePe Official Website
PhonePe Overview
| Particular | Details |
| Founded | 2015 |
| Founder(s) | Sameer Nigam, Rahul Chari, Burzin Engineer |
| Headquarters | Bengaluru, Karnataka |
| Industry | Fintech |
| Main Services | UPI Payments, Bill Payments, Insurance, Investments, Merchant Payments |
| Website | www.phonepe.com |
PhonePe is one of the largest fintech startups in India. Sameer Nigam, Rahul Chari, and Burzin Engineer founded the company in 2015 with the goal of making digital payments simple, secure, and accessible for everyone. The company is headquartered in Bengaluru and has become one of the country’s leading financial technology platforms.
The PhonePe app allows users to send and receive money through UPI, pay utility bills, recharge mobile phones, book travel tickets, and make payments at offline and online stores. Users can also invest in mutual funds, buy digital gold, purchase insurance, and access lending products through the platform.
PhonePe has built a large merchant network that enables businesses of all sizes to accept digital payments. The company also offers payment solutions, business loans through partners, and financial services for merchants.
The platform continues to expand beyond payments by adding new investment and financial products. Its focus on innovation, customer convenience, and financial inclusion has helped PhonePe remain one of India’s most valuable fintech startups in 2026.
Razorpay
Image Courtesy: Razorpay Official Website
Razorpay Overview
| Particular | Details |
| Founded | 2014 |
| Founder(s) | Harshil Mathur, Shashank Kumar |
| Headquarters | Bengaluru, Karnataka |
| Industry | Fintech |
| Main Services | Payment Gateway, Business Banking, Payroll, Payment Links |
| Website | www.razorpay.com |
Razorpay is one of India’s leading fintech companies for businesses. Harshil Mathur and Shashank Kumar founded the company in 2014 after identifying the need for a simple online payment solution for Indian startups and businesses. The company is based in Bengaluru and serves businesses of every size.
Razorpay started as an online payment gateway, but it has expanded into a complete financial platform. Businesses can accept payments through cards, UPI, net banking, wallets, EMI options, and international payment methods using a single integration.
The company also offers RazorpayX, which helps businesses manage banking, payroll, vendor payments, and expense tracking from one platform. Its payment links, subscription billing, and payment gateway products are widely used by startups, e-commerce companies, educational institutions, and large enterprises.
Razorpay continues to introduce new financial products that simplify business banking and digital payments. Its strong technology platform and customer-focused approach have made it one of India’s most successful B2B fintech startups.
CRED
Image Courtesy: CRED Official Website
CRED Overview
| Particular | Details |
| Founded | 2018 |
| Founder(s) | Kunal Shah |
| Headquarters | Bengaluru, Karnataka |
| Industry | Fintech |
| Main Services | Credit Card Bill Payments, Personal Loans, Rewards, Shopping, Rent Payments |
| Website | www.cred.club |
CRED is one of India’s most popular consumer fintech startups. Kunal Shah founded the company in 2018 to reward people who pay their credit card bills on time. The company is headquartered in Bengaluru and focuses on providing financial services to customers with good credit scores.
The CRED app allows users to pay credit card bills and earn reward points that they can redeem for shopping, travel, dining, and exclusive offers. Over the years, the company has expanded beyond rewards and now offers personal loans, rent payments, vehicle-related services, and financial products through partner institutions.
CRED has built a strong brand by focusing on premium users and offering a clean, easy-to-use app. The company also uses technology to provide personalized recommendations and financial services based on customer needs.
Today, CRED is much more than a bill payment platform. Its expanding ecosystem and loyal customer base make it one of India’s leading fintech startups in 2026.
Groww
Image Courtesy: Groww Official Website
Groww Overview
| Particular | Details |
| Founded | 2016 |
| Founder(s) | Lalit Keshre, Harsh Jain, Neeraj Singh, Ishan Bansal |
| Headquarters | Bengaluru, Karnataka |
| Industry | WealthTech |
| Main Services | Stocks, Mutual Funds, ETFs, IPOs, Fixed Deposits |
| Website | www.groww.in |
Groww has made investing easier for millions of Indians. Lalit Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal founded the company in 2016 with the aim of making investment products simple and accessible for everyone. The company is headquartered in Bengaluru.
Groww first gained popularity as a mutual fund investment platform. It later expanded its services to include stock trading, exchange-traded funds (ETFs), IPO investments, fixed deposits, and other wealth management products. Its simple interface has encouraged many first-time investors to begin their investment journey.
The platform also provides educational resources that help users understand investing before making financial decisions. This approach has helped Groww build trust among young professionals and new investors.
Groww continues to introduce new investment products while improving its technology and customer experience. Its rapid growth and focus on financial education have made it one of India’s top wealth-tech companies.
BharatPe
Image Courtesy: BharatPe Official Website
BharatPe Overview
| Particular | Details |
| Founded | 2018 |
| Founder(s) | Ashneer Grover, Shashvat Nakrani |
| Headquarters | New Delhi |
| Industry | Fintech |
| Main Services | Merchant Payments, QR Codes, Business Loans, POS Solutions |
| Website | www.bharatpe.com |
BharatPe is one of India’s leading fintech startups for merchants and small businesses. Ashneer Grover and Shashvat Nakrani founded the company in 2018 to help shopkeepers accept digital payments easily and gain access to financial services. The company is headquartered in New Delhi.
BharatPe became popular by providing QR code-based UPI payment solutions without charging merchants transaction fees. Today, the company also offers business loans, card payment machines, merchant financing, and other digital payment solutions designed for micro, small, and medium enterprises (MSMEs).
The company uses technology and transaction data to help merchants access credit faster than traditional banking methods. This has allowed many small businesses to expand without lengthy loan approval processes.
BharatPe continues to strengthen India’s digital payment ecosystem by helping businesses move toward cashless transactions. Its focus on merchant empowerment and financial inclusion makes it one of the country’s most important fintech startups.
Navi
Image Courtesy: Navi Official Website
Navi Overview
| Particular | Details |
| Founded | 2018 |
| Founder(s) | Sachin Bansal, Ankit Agarwal |
| Headquarters | Bengaluru, Karnataka |
| Industry | Fintech |
| Main Services | Personal Loans, Home Loans, Insurance, UPI, Mutual Funds |
| Website | www.navi.com |
Navi is a fast-growing fintech startup that offers digital financial services through a single mobile app. Sachin Bansal and Ankit Agarwal founded the company in 2018 with the aim of making financial products simple, affordable, and accessible. The company is headquartered in Bengaluru.
Navi provides instant personal loans, home loans, health insurance, mutual fund investments, and UPI payment services. Most of these services are completely digital, allowing customers to apply, verify documents, and receive approvals without visiting a branch.
The company focuses on reducing paperwork and speeding up financial services through technology. Its simple application process and quick loan approvals have helped Navi attract millions of users across India.
Navi continues to expand its digital finance ecosystem by introducing new products and improving customer experience. Its technology-first approach has made it one of the leading fintech startups in India in 2026.
Juspay
Image Courtesy: Juspay Official Website
Juspay Overview
| Particular | Details |
| Founded | 2012 |
| Founder(s) | Vimal Kumar, Sheetal Lalwani, Shyam Kumar |
| Headquarters | Bengaluru, Karnataka |
| Industry | Fintech |
| Main Services | Payment Gateway Solutions, Payment Orchestration, UPI, Tokenization, Checkout Solutions |
| Website | www.juspay.in |
Juspay is one of India’s leading payment technology startups. Vimal Kumar, Sheetal Lalwani, and Shyam Kumar founded the company in 2012 to simplify digital payments for businesses and improve the online checkout experience. The company is headquartered in Bengaluru and serves many of India’s largest banks, fintech companies, and e-commerce platforms.
Juspay provides payment infrastructure that helps businesses process online transactions quickly and securely. Its products support UPI, credit cards, debit cards, net banking, digital wallets, and other payment methods through a single platform. The company also offers payment orchestration, tokenization, one-click checkout, and fraud prevention solutions that improve payment success rates.
Many well-known brands and financial institutions use Juspay’s technology to manage millions of transactions every day. The company focuses on building scalable payment systems that can handle high transaction volumes while maintaining strong security and reliability.
Juspay continues to introduce new payment technologies that support India’s growing digital economy. Its strong focus on innovation, enterprise payment solutions, and secure digital infrastructure has made it one of the country’s most influential fintech startups in 2026.
ACKO
Image Courtesy: ACKO Official Website
ACKO Overview
| Particular | Details |
| Founded | 2016 |
| Founder(s) | Varun Dua |
| Headquarters | Bengaluru, Karnataka |
| Industry | InsurTech |
| Main Services | Car Insurance, Bike Insurance, Health Insurance, Travel Insurance |
| Website | www.acko.com |
ACKO is one of India’s leading digital insurance companies. Varun Dua founded the company in 2016 to simplify the insurance buying process through technology. The company is headquartered in Bengaluru and operates entirely through digital platforms.
ACKO offers motor insurance, health insurance, travel insurance, and other insurance products directly to customers without relying on traditional agents. This digital-first approach helps reduce costs and makes policy purchases faster and more convenient.
The company has also focused on improving the claims process by using technology to speed up claim approvals and settlements. Customers can buy policies, renew insurance, and submit claims through the mobile app or website.
ACKO continues to introduce innovative insurance products while expanding its customer base across India. Its customer-friendly approach and digital services have made it one of the country’s most successful insurtech startups.
MobiKwik
Image Courtesy: MobiKwik Official Website
MobiKwik Overview
| Particular | Details |
| Founded | 2009 |
| Founder(s) | Bipin Preet Singh, Upasana Taku |
| Headquarters | Gurugram, Haryana |
| Industry | Fintech |
| Main Services | Digital Wallet, UPI Payments, Bill Payments, Buy Now Pay Later (BNPL), Personal Loans |
| Website | www.mobikwik.com |
MobiKwik is one of India’s oldest fintech startups and has played an important role in the country’s digital payment journey. Bipin Preet Singh and Upasana Taku founded the company in 2009 to make digital payments faster and more convenient. The company is headquartered in Gurugram.
MobiKwik started as a digital wallet for mobile recharges and online payments. Over the years, it has expanded its services to include UPI payments, utility bill payments, personal loans, digital credit, insurance, and investment products. The company also offers Buy Now, Pay Later (BNPL) services that allow eligible users to make purchases and pay later.
The platform serves both individual customers and businesses by providing secure payment solutions and financial services. MobiKwik continues to improve its products by focusing on digital lending and financial inclusion.
With years of experience and a diverse range of services, MobiKwik remains one of the leading fintech companies in India in 2026.
Fi Money
Image Courtesy: Fi Money Official Website
Fi Money Overview
| Particular | Details |
| Founded | 2019 |
| Founder(s) | Sujith Narayanan, Sumit Gwalani |
| Headquarters | Bengaluru, Karnataka |
| Industry | Neo Banking |
| Main Services | Digital Banking, Savings Accounts, Expense Tracking, Investments |
| Website | www.fi.money |
Fi Money is one of India’s leading neo-banking startups. Sujith Narayanan and Sumit Gwalani founded the company in 2019 to create a smarter and more digital banking experience for customers. The company is headquartered in Bengaluru.
Fi Money partners with regulated banks to offer digital savings accounts and modern banking services through its mobile application. Users can track spending, automate savings, receive financial insights, and manage their money from one platform. The app also offers investment options and tools that help customers build better financial habits.
The company focuses on technology, data analysis, and customer convenience to make banking easier for young professionals and digital-first users. Its clean interface and smart money management features have helped it gain popularity in India’s growing neo-banking sector.
Fi Money continues to introduce new features that simplify personal finance, making it one of the most promising fintech startups in India.
The Future of Fintech in India
India’s fintech industry is expected to continue growing over the next few years. The increasing use of smartphones, affordable internet, and digital payment systems has encouraged more people to adopt online financial services. Government initiatives such as Digital India, UPI, Account Aggregator, and the Open Network for Digital Commerce (ONDC) are also creating new opportunities for fintech companies.
Artificial intelligence is becoming an important part of the fintech industry. Many startups now use AI to detect fraud, improve customer support, analyze spending patterns, and offer personalized financial recommendations. Embedded finance, digital lending, wealth management, and insurtech are also expected to see strong growth.
At the same time, fintech companies are focusing on sustainable growth, stronger cybersecurity, and compliance with financial regulations. These efforts will help build customer trust and support the long-term growth of India’s digital financial ecosystem.
Conclusion
India’s fintech ecosystem has transformed the way people save, spend, invest, and borrow money. Companies like PhonePe, Razorpay, Groww, CRED, BharatPe, Navi, Pine Labs, ACKO, MobiKwik, and Fi Money have introduced innovative solutions that make financial services faster, simpler, and more accessible.
These startups continue to support businesses, improve financial inclusion, and encourage digital payments across the country. As technology continues to evolve, India’s fintech sector is expected to play an even bigger role in shaping the future of the country’s economy.
Frequently Asked Questions (FAQs)
What is a fintech startup?
A fintech startup is a company that uses technology to provide financial services such as digital payments, lending, insurance, investments, or banking.
Which is the largest fintech startup in India?
PhonePe is one of the largest fintech startups in India based on its user base and digital payment volume.
Which fintech company is best for online payments?
PhonePe is widely used by consumers for UPI payments, while Razorpay is one of the leading payment solution providers for businesses.
Which fintech startup is best for investing?
Groww is one of the most popular investment platforms in India for stocks, mutual funds, ETFs, and IPOs.
What is a neo bank?
A neo bank provides banking services through digital platforms without operating traditional physical branches. Fi Money is a well-known example in India.
Which fintech startup provides digital insurance?
ACKO offers digital insurance products, including health, car, bike, and travel insurance.
Which fintech company mainly serves merchants?
BharatPe, Razorpay, and Pine Labs provide payment and financial solutions for merchants and businesses.
What is Buy Now, Pay Later (BNPL)?
Buy Now, Pay Later is a payment option that allows customers to purchase products immediately and pay for them later in installments or within a specified period.
Why is India’s fintech industry growing so quickly?
The industry is growing because of increasing smartphone usage, UPI adoption, government support, digital banking, and greater financial awareness among consumers.
What are the biggest trends in India’s fintech sector in 2026?
Some of the biggest trends include AI-powered financial services, embedded finance, digital lending, wealth management, neo banking, insurtech, and stronger cybersecurity.
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