Top 5 Fintech Companies In India Updated List In 2024

1. Top 5 Fintech Companies In India: Updated List In 2024 The Indian Fintech industry’s Total Addressable Market is expected to grow exponentially to US$1.3 trillion by 2025. The FinTech ecosystem of India, the third-largest globally, is expected to reach approximately US$70 billion in annual revenue by FY30 to account for 18–20 percent of the addressable financial services revenue pool. Today, the country is setting the template for other countries of the world with world-class digital public infrastructure (DPI), innovative models in fintech and financial services, a fast-growing digital population, and growth- oriented regulations. #1. ITIO Innovex ITIO Innovex is the most trusted name when it comes to FinTech white-label payment gateway solutions for businesses of all sizes. Since its inception, the company has helped thousands of small and medium enterprises (SMEs), startups, and large enterprises minimize operational friction, enhance customer experience, improve customer outreach, and foster seamless adoption & usage of digital channels. ITIO Innovex powers the digital ambitions of fintech, banks, lenders, and other financial services to help them revolutionize the way financial transactions are understood, processed, and optimized. This leading provider (of all-in-one, cloud-based, and frictionless FinTech white-label payment gateway solutions) enables contextual intelligence in real-time to help businesses cover different aspects of the customer journey including cross-selling as well as up-selling new products, increasing spending and thereby larger share of wallet, driving customer engagement, enhancing lifecycle interventions, and addressing customer inactivity and predictive tools to reduce attrition. ITIO Innovex is also assisting its clients to bring a better degree of personalization into their digital banking and financial products to drive better outcomes with speed, agility, relevance, and delivering customer delight. The disruptive and innovative business models that are characterized by unmatched product scalability and pathbreaking data-led tech stack are a win-win for the banks, merchants, end

2. customers, and other stakeholders. Its comprehensive technology stack and product suite power the core lending and banking systems, customizable white-label payment gateway solutions, BNPL, high-risk merchant accounts, and much more. The next-generation full- service technology platform of ITIO Innovex allows both traditional and FinTech lenders, banks, companies, and other financial institutions to help businesses of any scale embed financial products in their customer journeys with scalability, security, and reliability at the core of its offerings. Recognized as the "Most Innovative IT Company to Watch in 2023", ITIO Innovex specializes in offering out-of-the-box IT services to help build a more stable and purpose-driven FinTech industry via advanced AI-powered tools, products, and solutions. ITIO Innovex also helps its clients with cutting-edge cross-border payment solutions to provide a wide range of value- added services for its clients. This helps governments, investors, institutions, corporations, and individuals with a broad range of omnichannel financial products and services to better meet shoppers’ expectations and changing payment habits while delivering immersive experiences and experiential growth. #2. MoneyTap MoneyTap started the first app-based personal credit line in India by joining hands with leading banks. Present in 40+ Indian cities, MoneyTap offers quick credit on mobile and small- medium cash loans at affordable interest rates and flexible EMIs. It allows customers to make repayments for their loans (wedding, consumer durables, travel, renovation, education, and much more) in convenient EMIs. This FinTech giant stands out from the rest for its safe and secure credit, no collateral model, and flexible borrowings. #3. Unnati Unnati is a name that everyone associates with significant advancements in the farming business via the introduction of state-of-the-art, digital technologies. This Agri-based fintech company in India adds a strong layer of transparency to the farming businesses in India to reduce risks such as weather unpredictability. The products of Unnati offer crop-specific advisory to guide farmers through every step of the farming lifecycle. It also answers the capital requirements of farmers and provides a buyer platform to farmers to ensure high sales. #4. Acquaconnect The most trusted and successful aquaculture platform in India, Acquaconnect helps fish and shrimp farmers by leveraging satellite remote sensing tech and artificial intelligence. Acquaconnect offers unbiased and data-driven farm advisory that is personalized for different use cases. It also facilitates an omnichannel marketplace that includes premium-quality brands at affordable prices. Acquaconnect also provides formal farm finance and insurance to minimize the risk for Indian fish and shrimp farmers. The AI-driven Acquaconnect app helps collect information on water quality and aquatic health while optimizing feed consumption. The Acquastore marketplace helps in meeting all aquaculture needs at the best prices. #5. Kaleidofin

3. Kaleidofin offers personalized and intuitive financial solutions to its customers so they can easily meet their real-life goals. The company creates customer personas based on machine learning and provides the right financial solutions to customers at the appropriate time in their financial journey. KiScore (their credit analytics offering) offers credit analytics so vendors can better underwrite customers. This technology assists in accurately predicting future cash flows and offering real-time decision support. We hope that this piece of information on the top 5 FinTech companies in 2024 and beyond was useful to you in gaining a clear and complete understanding.