Top New Age Emerging FinTech Companies 2022

FinTech, which is short for financial technology, plays an important role in the global economy. Financial tasks are becoming easy, and the internet is the preferred platform for all the financial transactions at our fingertips. Thanks to the economic sector composed of companies that use technology to make financial services efficient.

Moreover, businesses adopted the new life of digital payment that they all conducted earlier. Here are some of the top fintech companies in India that transform the finance industry differently.

10 Top Fintech Startups in India:

Below are the top Fintech startups that take the financial industry to a new level.

1. TripMoney

It was started back in 2018 as a subsidiary of the MakeMyTrip Group. Since 2020, TripMoney aims to provide users with easy-to-apply digital travel credit lines. This Fintech entity provides customers to meet day-to-day travel needs without putting the burden of paying the entire amount in one go.

To achieve the travel and holiday aspiration, TripMoney became an instant hit among youngsters, with thousands of them availing of vacation loans from it.

2. Lendingkart

An online financial company founded by Mukul Sachan &Harshvardhan Lunia in 2014, Lendingkart offers working capital and company loans from small to mid-sized businesses. Based in Bangalore, Mumbai, and Ahmedabad, the company provides online capital hassle-free with minimal documentation across India.

The main aim of the company is to provide the capital funding that is accessible at their fingertips so that entrepreneurs can focus on their work, instead of worrying about the cash-flow gaps.

3. MoneyTap

Established in 2015 by Bala Parthasarathy, Anuj Kacer, and Kunal Verma, MoneyTap is India’s first app-based credit line. The company provides small-medium cash loans, competitive interest rates, fast mobile credit, and flexible EMIs. It operates with regulated financial institutions Controlled by RBI and is an NBFC license holder.

Anyone with a smartphone and PAN card can check for the qualifying limits in less than 15 minutes through its app. The entire process is paperless with the expectation of some important documents necessary to conform through KYC legislation of partner banks. The best is that the interest rates will apply to the borrowed amount only and not to the accepted cap as a whole. 

4. Instamojo

Instamojo was founded in 2012 by Akash Gehani, Aditya Sengupta, and Sampad Swain. It is created to collect fees, ship goods, get loans, create online free stores and more that help to boost the business.

The app is widely used by small to large-sized businesses to kick start the business, market, run, and expand it. With features such as free online store creation, online secure payment, logistics, credit and finance, and many more through web and mobile platforms.

With personalized business tools, Instamojo helps businesses expand on the internet.

5. Razorpay

One of the best payment solutions in India, Razorpay was founded in 2013 by Harshil Mathur and Shashank Kumar. It was created to help companies with its suite of products to make transactions by providing access to payment modes, such as JioMoney, Mobikwik, Airtel Money, Ola Money, FreeCharge, PayZapp.

The businesses can handle the marketplace, receive regular fees, simplify money transactions, exchange client invoices while taking advantage of working capital loans easily.

6. Paytm

One of India’s biggest Fintech companies, Paytm, was started by Vijay Shekhar Sharma and possessed by One97 communications is authorized by RBI. The company has many partners where some of them include Foodpanda, MakeMyTrip, Uber,  BookMyShow, and more.

Softbank, Ant Financial, SAIF Partner, AGH Holdings, Berkshire Hathaway, T Rowe Price, and Discovery Capital are some of the investors of Paytm.

7. PolicyBazaar

PolicyBazzar is a well-known name in the Fintech companies that was started in 2008 by Yashish Dahiya, Avaneesh Nirjar, and Alok Bansal is India’s largest insurance aggregator.

It was created to help users compare the prices of different insurance and knowledge sources to know more about it and later grew to become an insurance policy marketplace.

The revenue is generated by the fees, paid for the promotion & advertisements of multiple insurance providers on the portal.

8. Siksha Finance

India’s leading lending platform for an education finance firm, Siksha Finance was started in 2014. The fintech company offers loans to the educational institutions that help buy properties, build buildings, carry out renovations, and working capital.

The mission of Siksha Finance is to provide funds to parents for their kid’s school fees that reduce school drop-out rates. The debt ranges from Rs 10,000 to Rs 30,050 that should be returned within 10 months to help parents buy books, uniforms, and pay tuition fees.

9. ZestMoney

Launched in 2015, ZestMoney was started by Lizzie Chapman, Ashish Anantharaman, and Priya Sharma. The unique platform combines mobile technologies, digital banking, and artificial intelligence that make life more accessible to Indian customers.

The groundbreaking technologies of ZestMoney’s attempt to make affordable digital finance contributed to the designation of 2020 Technology Leader of the World Economic Forum.

10. PineLabs

PineLabs, founded in 1998 by Rajul Garg, Lokvir Kapoor, and Tarun Upadhyay, is an app that transforms NFC mobile into a card machine. It allows the users to accept various kinds of digital payment options, including the basic ‘Tap n Pay’ card.

It provides retailers with payment options, risk assessment, leasing & insurance, multi-channel analytics, automated billing, and more. Pine Labs released the full spectrum of services in markets of South East Asia in Malaysia in 2017.

Today, it is used by more than 100,000 merchants across India and some other Asian countries in several industries.


The startups work very hard on their products & services, marketing, and other business activities. Managing finance is one of the utmost important tasks because a business can’t run without money. The list of top Indian Fintech startups helps understand the change in the financial field. So, make sure to use any of them according to your needs and wants from the list that is shared above.

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