Mumbai is considered India’s financial capital, as it is home to many national and international financial institutions. Through its influence on the regional financial landscape and its reliance on tech talent, the city is emerging as a fintech hub that creates solutions for banking, investing and financial services. These are some of the top fintech companies in Mumbai to know.
Fintech Companies in Mumbai
- Visa
- Revolut
- Wise
- Jupiter Money
- Upsotx
Top Fintech Companies in Mumbai
Visa is a global financial institution that partners with banks and provides payment processing services. Through co-branded debit and credit cards, the United States-based company facilitates the digital movement of funds from a user’s bank to a receiving business account. Before initiating transactions, it verifies for sufficient funds to prevent fraud. Visa has its headquarters in San Francisco but maintains an office in Mumbai.
Revolut is a neobank founded in the United Kingdom. The fintech platform provides banking accounts to over 45 million customers, comprised of individuals and businesses. Since its launch, the company has become a widespread solution, incorporating features like crypto trading, teen accounts and point-of-sale hardware integration into its banking platform.
Wise’s platform enables companies to conduct business in other countries and currencies. With an office in Mumbai, the company has developed a payment platform that instantly lets clients accept payments in international currencies. In addition to payments, Wise helps individuals send money across borders.
Jupiter Money is a locally founded company that provides modern banking solutions to customers throughout India. The company brands itself as a single app for all financial needs and provides savings accounts, budgeting platforms, credit cards and mutual fund investing. The fintech company works closely with its users to develop community-inspired features.
Upstox develops a web and mobile-native trading platform with powerful analytics tools and charts. The app features straightforward pricing options and enables users to purchase everything from stocks to mutual funds and futures contracts. According to the company, its employs designers, engineers and security experts to operate its trading platform.
Enfusion is a SaaS fintech company that enables the buy-side marketplace with risk monitoring and workflow management. The company says that it plans to scale up its global presence over the next 3-5 years with heavy investment in technology hiring in India.
