In the revolutionizing ground of financial technology (Fintech), payment infrastructure companies play a pivotal role in shaping how transactions are conducted securely and seamlessly. Here are highlights of some promising startups revolutionizing the payment solutions arena in 2024, utilizing technology and innovation to secure their place in the fintech market sector.
- Bill Desk
- Focus: Transformative, reliable, and simple payment solutions.
- Location: Mumbai, India
- Founded: 2000
- Total Funding: $246M
- Mobileware Technologies
- Focus: Digital payment processing solutions for insurance and banking.
- Location: Mumbai, India
- Founded: 2010
- Total Funding: $4.87M
- Plutos ONE
- Focus: TSP for the Bharat Bill Payment System and merchant-funded offers.
- Location: New Delhi, India
- Founded: 2022
- Saraswat InfoTech
- Focus: Need-based IT services.
- Location: Mumbai, India
- Founded: 2005
- Setu
- Focus: Payment acceptance and KYC management for businesses.
- Location: Bengaluru, India
- Founded: 2018
- Total Funding: $18.5M
- Scoreme
- Focus: Analytics software for financial health assessments.
- Location: Gurgaon, India
- Founded: 2015
- Finacus
- Focus: Payments and core banking software solutions.
- Location: Mumbai, India
- Founded: 2007
- Cashfree
- Focus: Payments and API banking solutions.
- Location: Bengaluru, India
- Founded: 2015
- Total Funding: $44M
- Digiledge
- Focus: SaaS solutions for banks, including bill payment and blockchain.
- Location: Bengaluru, India
- Founded: 2017
- Mindgate
- Focus: Digital transaction solutions for banks and payment providers.
- Location: Mumbai, India
- Founded: 2008
- Total Funding: $10.1M
- iServeU
- Focus: Financial infrastructure platform offering agency banking and neo-banking solutions.
- Location: Bhubaneswar, India
- Founded: 2014
- Fisdom
- Focus: Investment platform offering stock and mutual fund investments.
- Location: Bengaluru, India
- Founded: 2015
- Total Funding: $49.1M
- Innoviti
- Focus: POS and payment management software solutions.
- Location: Bengaluru, India
- Founded: 2002
- Total Funding: $128M
- Rupifi
- Focus: Online lending platform for business loans.
- Location: Bengaluru, India
- Founded: 2020
- Total Funding: $31.8M
- PayGlocal
- Focus: Cross-border payment processing solutions.
- Location: Bengaluru, India
- Founded: 2021
- Total Funding: $17M
- Transaction Analysts
- Focus: Payment processing solutions with customizable wallet solutions.
- Location: Bengaluru, India
- Founded: 2010
- Total Funding: $1.4M
- Hyperface
- Focus: Credit card issuance solutions for fintech and e-commerce firms.
- Location: Bengaluru, India
- Founded: 2021
- Total Funding: $10.7M
- Eko India Financial Services
- Focus: Banking services for the unbanked.
- Location: Gurgaon, India
- Founded: 2007
- Total Funding: $12.3M
- Payu
- Focus: Online platform providing personal loan options.
- Location: Gurgaon, India
- Founded: 2019
- AEPS India
- Focus: Agent-enabled payment solutions.
- Location: Jaipur, India
- Founded: 2018
These startups are driving innovation in fintech, contributing to the simplification and security of financial transactions in India and beyond.
