India has a fast-growing fintech market. Payments technology and digital lending solutions represent two of the industry’s major segments, but the country’s financial services landscape is vast, encompassing many different kinds of digital tools and platforms. Here are some of the financial services leaders in Pune.
Top Fintech Companies in Pune
- Fibe
- Easebuzz
- Spring Money
- Altum Credo
- Phi Commerce
Fintech Companies in Pune
Phi Commerce calls itself “a new-age financial technology company.” Its platform provides businesses with digital payments infrastructure that supports several payment options, lets them offer subscription plans, simplifies management of promotional campaigns and offers flexibility for splitting up invoice payments.
OneCard aims to redefine the credit card experience by providing a mobile app platform for users to make purchases online and in-store. Using the app, users can also earn rewards, control their credit limit and more. Founded in 2019, the app can be used internationally, anywhere Visa is accepted.
Altum Credo specializes in home financing solutions with an emphasis on addressing urban housing shortages and increasing financial accessibility throughout India. The company offers loans for home buying and home improvements, for example, as well as refinancing solutions. Altum Credo employs financial advisors who can consult with customers on the options available to them.
Headquartered in Pune, Vayana connects businesses to financial institutions, in an effort to provide low-cost trade financing. According to the company, its network has enabled $8 billion in trade financing with its services spanning more than 600 cities across 25 different industries.
SPAY’s platform enables businesses to accept online payments from customers’ credit cards, debit cards, mobile wallets and more. Headquartered in Pune, the company operates offices in Mumbai, Aurangabad, Ahmednagar and Nasik, and has associate offices in Delhi and Bangalore.
Easebuzz is a SaaS company offering a platform that enables payments and streamlines financial processes for industries like real estate and education. Its technology handles upwards of 1 million transactions every day. Easebuzz has multiple offices in India, but maintains its headquarters in Pune.
Part of Intercontinental Exchange, Inc., ICE Mortgage Technology aims to automate the mortgage process. According to the company, it is the leading cloud-based loan origination platform provider, employing over 1,500 people and operating offices in India, Poland and the United States.
Spring Money provides financial planning and investment advisory services, aiming to help customers improve their financial health and security. The company also created its online Spring Academy for people to access courses and other educational resources on topics like budgeting, insurance and loans.
With 480 million registered users, PhonePe has proclaimed itself as India’s largest payments app. Using the app, users can send and receive money and make purchases. It is also part of the Bharat Bill Pay System, processing nearly half of the transactions occurring on the BBPS platform.
Fibe is a digital platform that simplifies the loan application process for consumers across India. Users fill out a single online application for multiple loan types, and Fibe offers tools for calculating estimated monthly payments. The company says its mobile app has been downloaded more than 30 million times.