Top 10 Fintech Companies in India

India's fintech industry continues to flourish in 2025, fueled by digital adoption, regulatory innovation, and a surge in mobile-first solutions. Over the past decade, India has become one of the largest and most vibrant fintech markets in the world, attracting billions in investment and revolutionizing traditional finance.

The fintech boom in India has democratized access to financial products that were once only available to a few. It has enabled millions of Indians—especially those in rural and semi-urban areas—to participate in the digital economy. Innovations like UPI, Aadhaar-based KYC, and mobile wallets have played a pivotal role.

In this blog, we take a deeper look at the top 10 fintech companies that have made a lasting impact on India's financial landscape. These companies are more than just startups—they're platforms that are driving economic inclusion, building new digital financial infrastructure, and offering cutting-edge services in payments, lending, investments, and insurance.

1. PhonePe – Founded in 2015, PhonePe has evolved into one of India's most dominant digital payment players. With more than 450 million users, it is the largest UPI app in India by volume. Beyond peer-to-peer transactions, PhonePe has diversified into mutual fund investments, gold purchases, and insurance. Their financial services arm is also entering credit distribution, offering small-ticket loans and BNPL products. PhonePe's ambition to become a full-stack financial platform is reshaping the digital economy.
2. Paytm – A pioneer in the Indian fintech revolution, Paytm offers services in payments, banking, lending, and investments. With its super app model, it has integrated utilities, ticketing, games, and shopping alongside financial products. Paytm Payments Bank and Paytm Money provide access to savings accounts, digital gold, stock trading, and mutual funds. In 2025, Paytm is doubling down on merchant lending using transaction data for credit scoring.
3. Razorpay – Razorpay has become the go-to fintech for startups and SMEs, providing seamless payment gateways and merchant solutions. With RazorpayX, it now offers neobanking services, payroll management, and credit lines. Their powerful API infrastructure helps businesses scale efficiently. In 2025, Razorpay is also entering the consumer credit market and B2B buy-now-pay-later segment.
4. Groww – Groww has simplified investing for India’s tech-savvy millennials and Gen Z. Its minimal interface and commission-free investment approach has attracted millions of users. It supports mutual funds, stocks, fixed deposits, and US equities. Groww’s educational resources empower new investors to make informed decisions. In 2025, it is experimenting with goal-based investing and AI-driven financial planning tools.
5. Zerodha – As India’s largest stockbroker, Zerodha has revolutionized retail investing by slashing brokerage fees and launching the Kite platform. Their initiatives like Rainmatter foster fintech innovation, while Varsity offers comprehensive investor education. Zerodha continues to add advanced analytics, portfolio tracking, and ESG investment options.
6. CRED – CRED began by rewarding creditworthy users for paying credit card bills on time. Today, it’s evolved into a premium lifestyle and financial ecosystem. With CRED Cash, CRED RentPay, and now CRED Mint (P2P lending), it offers credit, payments, and investment tools. CRED's elegant UX and curated offerings make it a status symbol for India’s urban elite.
7. BharatPe – Focused on small businesses, BharatPe provides UPI QR codes, POS machines, and loans. It enables offline merchants to access credit through its partnerships with NBFCs. BharatPe’s PostPe product offers BNPL to consumers. In 2025, it's building a digital-first bank for underserved entrepreneurs in Bharat (rural India).
8. KeshvaCredit – KeshvaCredit is a growing loan aggregator platform that connects borrowers with a wide network of trusted and verified lenders. Whether you're seeking personal loans, business loans, or emergency credit, KeshvaCredit offers users access to multiple loan products from leading NBFCs and financial institutions—on a single platform. It simplifies the borrowing process by allowing users to compare interest rates, tenures, processing fees, and eligibility criteria across various lenders. The platform is especially popular in Tier 2 and Tier 3 cities for its easy application process, minimal documentation, and fast approvals. By offering transparent information and lender diversity, KeshvaCredit ensures borrowers can make informed financial decisions with confidence.
9. PolicyBazaar – As India’s top insurance aggregator, PolicyBazaar simplifies the process of buying life, health, vehicle, and term insurance. The platform compares prices, benefits, and customer ratings, helping users choose the right policy. It has also launched PB Partners to bring insurance products to agents and POSP across the country. In 2025, it’s investing in AI-driven claims assistance.
10. Slice – Targeting Gen Z and first-time credit users, Slice offers a modern credit card experience with no joining fees, instant KYC, and flexible EMIs. Slice's app has gamified rewards and spending insights. They’ve also launched UPI-linked cards and are entering co-lending partnerships. In 2025, Slice is expanding to campus-based financial literacy programs.

These fintech leaders are not only offering smart solutions for existing financial challenges—they're creating entirely new ways for people to engage with money. Whether it's using UPI to pay a vegetable vendor or investing in global stocks with a few taps, fintech has transformed how India handles money.

As we look ahead, emerging trends like embedded finance, blockchain-based lending, open banking APIs, and financial wellness platforms will further shape the next decade. The Indian government's push for digital public infrastructure (like ONDC and Account Aggregators) is also opening new opportunities for fintech innovation.

In summary, the top fintech companies of 2025 are driving not just convenience but real financial empowerment. They are making finance inclusive, transparent, and intelligent for everyone—from students and freelancers to farmers and business owners.

Want to explore lending options from companies like KeshvaCredit? Visit our loan comparison tools or eligibility checker now to find the best personal loan offers suited for you.