Besides being one of the largest tech hubs in India, Delhi provides ample opportunities to large fintech companies and individuals looking to break into the industry. The city is home to some of the country’s largest fintech firms — including unicorn and multinational companies — and often connects founders to investors and valuable resources needed for success. Here are some of the top fintech companies in Delhi to know.
Top Fintech Companies in Delhi
- American Express
- Paytm
- PhonePe
- TIDE
- SalaryBox
Fintech Companies in Delhi
The corporation specialist CSC provides front and back-office services for corporate organizations. These services include tax and legal compliance management as well as financial administration. CSC serves fintech companies as well as capital markets and alternative asset firms. In recent years the company has sponsored the Fintech Nexus USA conference, a destination fintech industry event in New York City.
Navan is a corporate travel and expense software company that aims to make business travel easier. The company makes financial technology products that help users manage corporate travel and expense reporting. These processes, which become complex at enterprise scale, are managed within the Navan platform so companies and employees can access their business travel expenditure data from a single collaborative dashboard. The global company has an office in Delhi (NCR).
TransUnion is a diversified financial data company. In addition to its signature service, which is financial intelligence data on business and consumer credit, the company also provides a suite of fintech products. These tools include digital products for establishing and optimizing business credit for startups, reporting rent payment data and real-time identity verification.
FNZ Group is a wealth management firm that offers fintech products for investing. Built for use by financial institutions and professionals like wealth and asset managers, the FNZ platform offers tools for financial management, private banking and asset management. The company additionally offers sustainable finance management, a lens that considers the social and environmental impact of a company’s actions, and synthesizes ESG data to provide clear guidance on both ethical and compliance factors of an investment portfolio.
PhonePe is another fintech unicorn, and its super app provides a bevy of financial solutions. For example, users can use the platform to initiate payments, secure personal loans, invest in mutual funds and purchase insurance. For businesses, PhonePe acts as a POS system for retail and online shopping.
SalaryBox develops an HR tool that helps businesses process payroll. Ideal for shift-based employers, the platform tracks employee attendance using biometric integrations. Come payday, it calculates salaries based on the time worked by each individual. SalaryBox also provides a pay advance tool that records repayments and holdings to simplify payback.
American Express is a global credit card provider that maintains an office in Delhi. The company is recognized as one of the first to introduce credit card points and travel rewards. In addition to being a credit card issuer, American Express operates its payment network and incorporates several security solutions to prevent fraud among its customers.
Fintech financing company Biz2Credit provides loans to small businesses. Using proprietary algorithmic software to manage loans and lending decisions, the company offers traditional term loans and commercial real estate loans as well as revenue-based financing for startups. These services are designed to support fledgling companies as they establish themselves.
Founded in the United Kingdom, Tide is a business banking solution for over 300,000 small businesses in India. To attract new customers, the platform provides free checking and savings accounts and additional features like invoicing and international payment portals. Additionally, Tide helps nascent businesses register with local regulatory agencies. Beyond Dehli, Tide also has an office in Hyderabad.
Fintech firm Fiserv provides its services in payment processing, digital banking and e-commerce financial processes. Its primary offering is credit card processing for e-commerce brands and small businesses, which includes point-of-sale systems as well as fraud prevention integrations. One of Fiserv’s service options is an e-commerce site review, which inventories an existing site and provides recommendations for modernization and optimization.
Founded in 2010, Paytm is an Indian fintech unicorn. The company hit the $1 billion valuation benchmark just a few years after launch by providing digital baking services just as the country made a digitization push in the mid-2010s. Today, Paytm still provides digital baking accounts along with a payment and ticket-purchasing platform and several business solutions.
