Meet Bengaluru, the core of India’s tech revolution. The city of Bengaluru has nearly 260 fintech startups and is counted among the top 10 cities worldwide for the fintech sector, which is a major milestone that reflects the city’s innovation spirit loud and clear. In fact, most of the fintech unicorns in India, including the most prominent industry players, have made Bangalore their home office; thus, Bangalore is firmly established as a leading city in the fintech sector.
Additionally, the city was responsible for 55% of the total fintech capital that was raised in the first half of a recent year, and thus is an excellent showcase for investor confidence. This potent mix of a global-class talent pool, the right government policies, and an entrepreneurial culture of taking risks makes the fintech companies in the Bangalore scene super exciting. In this article, we will take a detailed look at the financial technology landscape, the key players, and the promising career paths within the dynamic world of fintech companies in Bangalore.
What is a Fintech Company?
A Fintech Company, which stands for Financial Technology company in India, is a business that employs software, mobile apps, and other advanced technology to change and grow the financial services industry. These businesses are striving to provide better, more reachable, and often less expensive alternatives to the conventional banking and financial institutions.
Now, fintech covers a vast variety of services that have been the main drivers for the radical changes in the financial industry. These are some of the innovative services gaining popularity:
- Digital Payments (PayTech): Allowing secure, fast, and easy money transfers, mobile wallets, and online transactions.
- Lending and Credit (LendTech): Providing peer-to-peer (P2P) lending, digital personal loans, and credit lines through simplified, paperless applications.
- Wealth Management (WealthTech): Employing algorithms and AI to give investment recommendations (robo-advisors), stock trading platforms, and mutual fund investments.
- Insurance (InsurTech): Making it easier and faster to buy and manage insurance (health, vehicle, etc.) through digital-first platforms.
- Regulatory Technology (RegTech): The use of technology to support financial institutions in adhering to regulations more efficiently and effectively.
Why Bangalore is a Fintech Hub
Bangalore’s deep ties with the Information Technology sector and its abundance of engineering talent pool are some of the reasons why the financial technology revolution happened here. As the leading startup city of India with more than 2,300 startups, it has the perfect setting for fintech companies in Bangalore to grow and succeed.
The rise has been fueled by several advantageous factors, which are enumerated below:
- Tech Talent: The city is a significant talent anchor pool, with a high concentration of skilled engineers and developers from top-tier institutions.
- Venture Capital: Local and international investors consider fintech companies in Bangalore as one of the best places to put their money, which results in a high level of money supply.
- Startup Culture: A strong, risk-taking, and innovative startup culture that is very likely to give birth to new ideas and fast product development.
- Digital Infrastructure: The well-developed digital public infrastructure in India, such as UPI, has been a strong enabler of innovation in digital finance.
- Government Support: The growth of financial technology firms is supported by pro-government regulation and the implementation of regulatory sandboxes with experimentation possibilities.
Types of Fintech Companies in Bangalore
The vast area of financial services makes fintech companies in Bangalore satisfy not only the necessity of personal finance but also corporate finance. It includes the services specialized in digital payments, lending, and investment platforms, which are as follows:
- Payment Gateways: Razorpay is a key payment platform that allows businesses to conveniently execute digital payments through easy acceptance, processing, and disbursement steps.
- Wealth & Investment: Zerodha offers the trading of easy instruments like stocks, mutual funds, and other equity-based products that are ideal for use by small investors, through a low-cost platform.
- Digital Lending: MoneyTap is the pioneer of India’s first app-based credit line, which brought to the market the offering of a flexible and instant credit facility for salaried professionals.
- InsurTech Leaders: Acko reshaped the insurance industry by giving out simple, transparent, and digital-first health and vehicle insurance policies.
- Credit & Rewards: CRED is committed to facilitating users of credit cards with rewards for their payments at ease, thereby creating a community of trustworthy individuals with high credit scores.
Top Fintech Companies in Bangalore
| Rank | Company Name | Focus Area | Key Services | Website Link |
| 1 | PhonePe | Digital Payments & Financial Services (B2C) | UPI Payments, Wallet, Recharges, Bill Payments, Insurance, Mutual Funds | https://www.phonepe.com/ |
| 2 | Razorpay | Payment Gateway & Business Banking (B2B) | Payment Gateway, Payment Links, Subscriptions, RazorpayX (Neo-banking), Payroll, Payouts | https://razorpay.com/ |
| 3 | Zerodha | Stock Brokerage & Investment (WealthTech) | Discount Brokerage for Stocks, F&O, Mutual Funds (Coin), Bonds | https://zerodha.com/ |
| 4 | CRED | Credit, Payments & Rewards (B2C) | Credit Card Bill Payments, Exclusive Rewards, Personal Loans, Rent Payments | https://cred.club/ |
| 5 | Groww | Investment Platform (WealthTech) | Mutual Fund Investment (Direct Plans), Stock Trading, Digital Gold, Fixed Deposits | https://groww.in/ |
| 6 | Acko | Insurance Technology (InsurTech) | Car Insurance, Bike Insurance, Health Insurance, Trip Insurance | https://www.acko.com/ |
| 7 | Decentro Tech Pvt. Ltd. | API Banking & Infrastructure (B2B) | API Banking, KYC & Onboarding APIs, Payments & Collection APIs, Embedded Finance | https://decentro.tech/ |
| 8 | IBSFINtech India Pvt. Ltd. | Corporate Treasury & Risk Management (B2B) | Treasury Management, Risk Management, Trade Finance, Cashflow Automation | https://ibsfintech.com/ |
| 9 | Rupeek Fintech Pvt. Ltd. | Digital Gold Lending (LendTech) | Instant Gold Loans at Doorstep, Digital Gold Loan Services | https://rupeek.com/ |
| 10 | Perfios Software Solutions Pvt. Ltd. | Data Aggregation & Analytics (FinTech SaaS/B2B) | Financial Data Aggregation, Bank Statement Analysis, Digital Onboarding, Decisioning Systems | https://perfios.ai/ |
Top 10 Fintech Companies in Bangalore for 2026
1. PhonePe
PhonePe is considered the leading digital payments company among fintech companies in Bangalore, with its super-app-like experience available to millions of users. After a significant move towards UPI that marked a turning point in digital transactions in India, the company is now going where hardly any other business has gone: everyday simple payments done through a trendy digital tool is all that’s needed.
Along with more straightforward peer-to-peer transfers and merchant payments, the company also lets you buy mutual funds, insurance, and some gold, in addition to conventional banking through its app. Also, the company is continuously making new moves to secure its position as one of India’s leading fintech players by enhancing payment and financial services functions.
- Key Services: UPI Payments, Wallet, Recharges, Bill Payments, Insurance, Mutual Funds
- Focus Area: Digital Payments, Financial Services (B2C)
- Best For: Everyday Digital Transactions, Bill Payments, and Financial Product Purchases
- Address: Office 2, Floor 4, 5, 6, 7, Wing A, Block A, Salarpuria Softzone, Bellandur, Bengaluru, Karnataka 560103
- Website Link: https://www.phonepe.com/
2. Razorpay
Razorpay is different from other fintech companies in Bangalore, like the B2B fintech leaders, who were providing only one, limited-to-a particular-sector service. Over time, it has become more diversified as it introduces a neo-bank platform for startups and SMEs, along with a comprehensive payment gateway for businesses of all sizes, which is its flagship product.
The company is also trying to stay ahead of the game by frequently creating new features that make it easy for businesses to handle money and thus quickly become a very important player in the digital economy. However, the company is still mainly concentrated on addressing the most difficult problems in payment and banking for businesses.
- Key Services: Payment Gateway, Payment Links, Subscriptions, RazorpayX (Neo-banking), Payroll, Payouts
- Focus Area: Payment Gateway & Business Banking (B2B)
- Best For: E-commerce, SaaS, and Businesses Needing Automated Payment & Banking Solutions
- Address: SJR Cyber Laskar, Hosur Rd, Adugodi, Bengaluru, Karnataka 560030
- Website Link: https://razorpay.com/
3. Zerodha
Zerodha is a landmark in the fintech story of Bangalore and a major player in WealthTech, known for introducing the discount brokerage model in India. Their platform makes equity, mutual fund, and commodity trading accessible and incredibly cost-effective for retail investors. Besides that, their emphasis on technology, user experience, and financial literacy has won them millions of users, mostly the younger generation, in a relatively short period of time.
Moreover, their mutual fund investment platform, Coin, makes direct investment possible with zero commission. Also, Zerodha is always on the move, creating new tools and products to make investing simple for everyone, not just experts.
- Key Services: Discount Brokerage for Stocks, F&O, Mutual Funds (Coin), Bonds
- Focus Area: Stock Brokerage & Investment (WealthTech)
- Best For: Low-cost Trading and Direct Mutual Fund Investments
- Address: 4th Cross, JP Nagar 4th Phase, Opp. Clarence Public School, Bengaluru
- Website Link: https://zerodha.com/
4. CRED
CRED is singularly located among fintech companies in Bangalore that focus solely on a small group of well-maintained credit-score people, incentivizing them to make punctual credit card bill payments. The platform employs a mix of gamification, exclusive rewards, and tailored e-commerce experiences to set up a luxury ecosystem.
Initially, it managed to convert the most boring of activities, paying bills, into a very rewarding one. Besides, CRED has broadened its feature set to include lending and rent payment options. Thus, its innovative business model and high valuation make it one of the most intriguing and widely discussed fintech unicorns worldwide.
- Key Services: Credit Card Bill Payments, Exclusive Rewards, Personal Loans, Rent Payments
- Focus Area: Credit, Payments & Rewards (B2C)
- Best For: Individuals with High Credit Scores Seeking Rewards and Premium Services
- Address: KP TOWERS, 777A, 4th Floor, 13th Main Corner, 13th Main Road, HAL 2nd Stage, Doopanahalli, Indiranagar, Bengaluru, Karnataka
- Website Link: https://cred.club/
5. Groww
Groww is yet another major player in the Bangalore-based fintech wealth management sector, focusing on making investing easy for everyone, especially first-time investors. The platform offers a neat and user-friendly interface for mutual funds, stocks, US stocks, and digital gold investments.
Besides that, the company is heavily focused on investor education, offering easy-to-follow guides and resources. In addition, their rapid user base expansion reflects the growing trend among young Indians to invest in the capital market.
- Key Services: Mutual Fund Investment (Direct Plans), Stock Trading, Digital Gold, Fixed Deposits
- Focus Area: Investment Platform (WealthTech)
- Best For: Beginners and Retail Investors Seeking a Simple and Intuitive Investment App
- Address: Vaishnavi Tech Park, Sarjapur – Marathahalli Rd, Bellandur, Bengaluru, Karnataka 560103
- Website Link: https://groww.in/
6. Acko
Acko is a leading example of InsurTech innovation companies in Bangalore. They offer coverages for the vehicle, motorbike, and health, thus, there is no requirement for complicated documents and middlemen. Moreover, their online claim filing method is aimed at a fast and uncomplicated resolution, thus, the customers’ delight is enormously elevated.
Besides that, Acko uses data and tech to provide customer-friendly, cheap insurance products that are just right for the customer’s personal requirements. Moreover, their fresh approach is steadily changing how insurance is perceived and bought in India.
- Key Services: Car Insurance, Bike Insurance, Health Insurance, Trip Insurance
- Focus Area: Insurance Technology (InsurTech)
- Best For: Quick, Transparent, and Digital Purchase of General and Health Insurance
- Address: Hustlehub Tech Park Building, #36/5, Hustlehub One East, Somasandrapalya, 27th Main Rd, Sector 2, ITI Layout, 1st Sector, HSR Layout, Bengaluru, Karnataka 560102
- Website Link: https://www.acko.com/
7. Decentro Tech Pvt. Ltd.
Decentro is a comprehensive API banking platform that is essential for other fintech companies in Bangalore, as well as businesses looking to create their own financial products. They make complicated financial operations easy by offering modular APIs for payments, KYC, lending, and banking integration. Besides that, their solution cuts the startup process from several months to just a few weeks, allowing other startups to release their embedded finance offerings soon. Moreover, Decentro is a major player in the Banking-as-a-Service (BaaS) sector that is helping to facilitate the next wave of innovation in the system. Also, the platform enables easy, secure financial transactions across a variety of B2B and B2C applications.
- Key Services: API Banking, KYC & Onboarding APIs, Payments & Collection APIs, Embedded Finance Solutions
- Focus Area: API Banking & Infrastructure (B2B)
- Best For: Businesses and Startups Seeking to Integrate Financial Services Quickly into Their Product
- Address: 461, Shri Krishna Temple Rd, Indira Nagar 1st Stage, Stage 1, Indiranagar, Bengaluru, Karnataka 560038
- Website Link: https://decentro.tech/
8. IBSFINtech India Private Limited
IBSFINtech is a leading Enterprise TreasuryTech innovative solution provider in the group of well-established fintech companies in Bangalore, that concentrates mostly on corporate clients. The company is an end-to-end solution provider for the digitization of the most essential parts of financial management, such as Cashflow, Treasury, Risk, and Trade Finance for big corporations.
Also, their platform is a tool for Boards and CXOs to increase productivity, improve visibility and control, and reduce operational risks. Additionally, with a clientele worldwide, they have positioned themselves as a reliable partner in complex corporate financial management.
- Key Services: Treasury Management, Risk Management, Trade Finance, Cashflow Automation
- Focus Area: Corporate Treasury & Risk Management (B2B)
- Best For: Large Corporations and Family Offices Needing Advanced Treasury and Risk Management Solutions
- Address: 2nd Floor, JP CORP #219, JP CORP Building 222/14, 3rd Floor, 5th Main, 11, Bellary Rd, Sadashiva Nagar, Bengaluru, Karnataka 560080
- Website Link: https://ibsfintech.com/
9. Rupeek Fintech Pvt Ltd
Rupeek has effectively changed the face of the old gold loan sector, thus earning a place among the fintech companies in Bangalore. They provide instant gold loans, which are secured by an asset, at the customer’s doorstep, thus merging the security of the old financial system with the comfort of the new technology. The whole procedure is paperless, thereby minimizing the inconveniences and the time taken for the issuance of a loan.
Moreover, this method has facilitated the loan obtaining process in terms of accessibility and attraction for the public at large. Besides, Rupeek is a leader in digital lending, using a solid tech platform for risk management and customer service.
- Key Services: Instant Gold Loans at Doorstep, Digital Gold Loan Services
- Focus Area: Digital Gold Lending (LendTech)
- Best For: Individuals Who Want Fast, Safe, and Convenient Gold Loans
- Address: 2nd floor, Divya Sree Towers, Bannerghatta Rd, KEB Colony, New Gurappana Palya, 1st Stage, BTM 1st Stage, Bengaluru, Karnataka 560029
- Website Link: https://rupeek.com/
10. Perfios Software Solutions Pvt Ltd
Perfios is a leading FinTech SaaS company and a major influencer among fintech companies in Bangalore, specializing in financial data aggregation and analytics. Their products and services are primarily B2B, designed for banks and Non-Banking Financial Companies (NBFCs) to make lending decisions faster, more accurately, and in a data-driven manner.
Additionally, they provide Infosec solutions to increase efficiency and reduce fraud for financial institutions by verifying and analyzing economic data from multiple sources. Moreover, as lending digitization advances, Perfios’s initiative as a foundational layer for data intelligence becomes increasingly significant.
- Key Services: Financial Data Aggregation, Bank Statement Analysis, Digital Onboarding Solutions, Decisioning Systems
- Focus Area: Data Aggregation & Analytics (FinTech SaaS/B2B)
- Best For: Banks and NBFCs that Require Automated Data Verification and Credit Decisioning
- Address: 4th Floor, Lasker, HM Vibha Towers, 66/525, Hosur Rd, above Star Hyper, Chikku Lakshmaiah Layout, Adugodi, Bengaluru, Karnataka 560030
- Website Link: https://perfios.ai/
Job Opportunities in Bangalore Fintech
The rapidly changing environment of fintech companies in Bangalore has created a vast number of job openings not only in technical fields but also in non-technical ones. The prominent positions that the high-growth fintech companies in Bangalore are looking to fill include the following:
- Software Development: There are many vacancies for backend (Java, Python, Go), mobile (Android, iOS), and full-stack roles, especially in API integration.
- Data Science & Analytics: These are the most critical positions that focus on risk modeling, fraud detection, credit scoring, and personalization through AI/ML.
- Product Management: These are the key positions that combine business strategy, user experience (UX), and technology to specify and raise the use of new financial products.
- Risk & Compliance: These are essential positions for the firm’s growth that oversee regulatory compliance, anti-money laundering (AML), and fraud prevention.
- Sales & Business Development: These roles drive the company’s revenue by acquiring new merchants, building B2B partnerships, and expanding market reach.
How to Choose the Best Fintech Company
Choosing the ideal fintech company in Bangalore depends solely on your career objectives, preferred working style, and risk tolerance. Use these factors to guide your decision:
- Company Stage: Working at a start-up means that you have significant growth potential, can perform a variety of roles, and the pace of work is breakneck, but you will likely have to work longer hours and take more risks.
- Business Model: Ensure that the company’s core product (e.g., payments, lending, insurance) that you choose to work for is in line with your financial interest and passion.
- Funding & Stability: Investigate the company’s funding rounds and profitability to gauge its financial condition and its long-term prospects.
- Work Culture: Research the company’s values, management style, and team structure, and see if they align with your ideal work environment.
- Technology Stack: Be aware of the technologies used (e.g., Python, cloud platforms, AI/ML) to make sure that it is conducive to the growth of your technical skills.
Trends in Bangalore Fintech
The major trends that are shaping the financial industry are:
- Embedded Finance: Financial services are deeply embedded in non-financial platforms, so users can get credit or insurance in just a few clicks without leaving the platform they are using.
- Neobanking Surge: Digital-only banks (Neobanks) are collaborating with traditional banks to offer highly personalized, affordable banking solutions for consumers and SMEs.
- AI for Risk: Companies are increasingly using Artificial Intelligence and Machine Learning for intelligent credit scoring, real-time fraud detection, and better risk management.
- Blockchain Adoption: Besides cryptocurrencies, the technology behind them is used in areas such as trade finance, cross-border payments, and digital identity, giving transparency.
- BaaS (Banking as a Service): Fintech firms are using API platforms that enable any business to offer banking products without a full banking license.
Conclusion
Bangalore is more than just a host for the future of finance; it is turning it into reality. The fintech company ecosystem in Bangalore, which includes not only the big players but also the startups, provides endless possibilities for career progression and tech impact.
With India’s digital economy speeding up by the day, this metropolis will continue to be the innovation hub of the finance industry. So, whether you are a developer, an analyst, or an entrepreneur, the fintech environment here is among the most vibrant in the world.
FAQs
Which is the best fintech company in Bangalore?
PhonePe, Razorpay, and Zerodha are some of the companies that can be ranked as top-tier by their market valuations, user bases, and their huge impact on the digital finance turnaround.
What is the average salary in fintech companies in Bangalore?
Salary depends a lot on one’s job and years of experience, but a software development engineer of mid-level expertise in a leading fintech company can usually look forward to a yearly CTC that is well above ₹20 Lakhs, which makes it very attractive.
Are there fintech opportunities for freshers in Bangalore?
Definitely! There are plenty of fintech companies in Bangalore eager to hire fresh graduates for positions in software development, data analysis, customer support, and sales through college placements and specialized internship programs.
Is GPay considered a fintech company?
Google Pay (GPay) is a digital payments app and a major player in the payments technology space, making it a prominent example of a financial technology (fintech) service provider.
Which is the largest fintech company in India?
PhonePe is the largest and most influential fintech company in Bangalore and India.
How do fintech startups differ from established companies in Bangalore?
Typically, fintech startups are smaller, more innovative, quicker-moving, and target niche or emerging market segments, whereas established companies have a more significant market share, greater structure, and a broader product portfolio.
Which areas of fintech are growing fastest in Bangalore?
The most significant growth can be witnessed in the sectors of Embedded Finance, API Banking (BaaS), WealthTech (low-cost investing platforms), and AI-driven Digital Lending among fintech companies in Bangalore.
