| # | Startup | Sector | City | Year | Funding | VedAI | Valuation | Link |
|---|---|---|---|---|---|---|---|---|
| 1 | Fino Payments Bank Payments bank providing basic banking services to underserved segments | Neobanking | Navi Mumbai | 2015 | — | 680 | — | |
| 2 | Open Business banking platform for SMEs and startups. | Neobanking | Bengaluru | 2017 | ₹830 Cr | 663 | — | |
| 3 | InstantPay | Neobanking | New Delhi | 2013 | — | 647 | — | |
| 4 | Epifi Neo-banking platform with a focus on savings and financial wellness | Neobanking | Bengaluru | 2019 | ₹4.5 Cr | 646 | — | |
| 5 | Vakrangee | Neobanking | Mumbai | 1990 | — | 640 | — | |
| 6 | FamApp (by FamPay) India's first payments app for teenagers | Neobanking | Bengaluru | 2019 | ₹120 Cr | 638 | — | |
| 7 | PayNearby Fintech distribution network enabling banking services at retail stores | Fintech / Branchless Banking | Mumbai | 2015 | — | 634 | — | |
| 8 | BankOpen | Neobanking | Bengaluru | 2017 | — | 615 | — | |
| 9 | Yelo | Neobanking | Bengaluru | 2019 | — | 612 | — | |
| 10 | Finnew | Neobanking | Bengaluru | 2015 | ₹17.9 Cr | 610 | — | |
| 11 | Spice Money Rural fintech platform enabling digital banking services through local kirana st | Fintech / Rural Banking / BC Stack | Noida | 2017 | ₹1.5 Cr | 602 | — | |
| 12 | Freo FinTech — FinTech / Adjacent | Neobanking | Bengaluru | — | — | 601 | — | |
| 13 | CheQ A payment platform that allows users to manage and pay all their credit bills in one place while ear | Neobanking | Bengaluru | 2022 | — | 600 | — | |
| 14 | Junio Smart money app for kids and teens with parent-controlled spending cards. | Neobanking | New Delhi | 2020 | — | 598 | — | |
| 15 | Neo Wealth management and asset management platform targeting high net-worth individuals and family offi | Wealth Management / Asset Management | Mumbai | 2022 | — | 597 | — | |
| 16 | Akudo FinTech — FinTech / Adjacent | Neobanking | Bengaluru | 2020 | ₹42 L | 596 | — | |
| 17 | Fedo | Neobanking | Bengaluru | 2017 | — | 596 | — | |
| 18 | MoneyHop | Neobanking | Bengaluru | 2018 | — | 594 | — | |
| 19 | Amica Financial | Neobanking | Mumbai | 2019 | — | 594 | — | |
| 20 | OMNI Card | Neobanking | Noida | 2020 | — | 593 | — | |
| 21 | Bentley | Neobanking | Bengaluru | 2021 | — | 593 | — | |
| 22 | Payzello | Neobanking | Hyderabad | 2017 | — | 589 | — | |
| 23 | XpayLife | FinTech / Bill Payments | Bengaluru | 2019 | — | 586 | — | |
| 24 | Vested Finance Platform enabling Indians to invest in US stock markets commission-free. | Fintech / Wealth Management | Mumbai | 2019 | — | 584 | — | |
| 25 | North Loop | Neobanking | Bengaluru | 2019 | — | 584 | — | |
| 26 | Fynin | Neobanking | Kochi | 2021 | — | 583 | — | |
| 27 | Pena | Neobanking | Hyderabad | 2021 | — | 583 | — | |
| 28 | Mahila Money | Neobanking | New Delhi | 2021 | — | 583 | — | |
| 29 | Digibank | Neobanking | Mumbai | 2016 | — | 529 | — | |
| 30 | Niyo (Niyo Solutions Inc.) | Neobanking | Mumbai | 2020 | ₹17.9 Cr | 523 | — | |
| 31 | Pockket Payment | Neobanking | Kolkata | 2020 | — | 523 | — | |
| 32 | OneBanc | Neobanking | Gurugram | 2019 | — | 521 | — | |
| 33 | Walrus Financial education and banking platform designed for Gen Z teenagers. | Neobanking | Bengaluru | 2021 | — | 512 | — |
28startups
9evaluated
0women-led
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