Top Fintech Companies in Chennai
Chennai, also known as the “Detroit of India,” is a hub for automotive and technology companies. In recent years, the city has seen a growth in the fintech industry, with numerous companies popping up to offer innovative financial solutions.
From payment gateway providers to digital lending platforms, these companies are revolutionizing the way financial transactions are conducted in the world.
In this blog post, we will take a look at the top fintech companies in Chennai that are making waves in the industry.
Top Fintech Companies in Chennai
The following are the Top fintech companies in Chennai:
1. Bank Bazaar
BankBazaar is an Indian fintech company that operates as a digital marketplace for financial products. The company was founded in 2008 by Adhil Shetty, Arjun Shetty, and Rati Rajkumar.
BankBazaar has partnerships with a number of banks and financial institutions, and its platform allows users to compare offers from these partners and choose the one that best suits their needs. In addition to its headquarters in Chennai, BankBazaar has offices in Bangalore, Mumbai, and Singapore.
Engaged in:
- Personal Finance
- Credit Line
- Investment
Established: 2008
Headquarters – Chennai, Tamil Nadu, India
Number of Employees – 1001-5001
Headquarters Location – Module No: 601-604, 6th Floor, Ticel Bio Park Phase-2, No:5, CSIR Road, Taramani, Chennai – 600113, Tamil Nadu, India
2. Credit Mantri
Credit Mantri is a fintech company based in India. It was founded in 2013 and is focused on providing credit-related services to consumers and small businesses.
Credit Mantri offers a range of services including credit score analysis, personalized loan recommendations, and credit counseling. The company partners with banks and financial institutions to provide its services, and it claims to have helped thousands of customers improve their credit scores and access credit.
Engaged in:
- Credit Analysis
- Credit Improvement
- Financial Planning
Established: 2012
Headquarters – Chennai, Tamil Nadu, India
Number of Employees – 51-200
Headquarters Location – Door No.3, Block B, No.147, 2nd Floor, Workeasy Space Solutions, RK Swamy Centre, Hansa Building, Pathari Road, Thousand Lights, Chennai – 600006, Tamil Nadu, India
3. Kaleidofin
Kaleidofin is a fintech company that provides personalized financial planning and investment solutions to individuals and small businesses in India. It was founded in 2015 by Manish Kumar and Abhinav Chaturvedi.
Kaleidofin has received funding from a number of investors including Sequoia Capital, Omidyar Network, and Flourish Ventures. It has also received recognition for its work, including being named one of the top 50 fintech companies in India by KPMG.
Engaged in:
- Portfolio Management
- Risk Management
Established: 2017
Headquarters – Chennai, Tamil Nadu, India
Number of Employees – 51-200
Headquarters Location – Module no A6-02, 6th Floor, Block A, Phase II, IITM Research Park, Kanagam Village, Taramani , Chennai – 600113, Tamil Nadu, India
4. PayPal
PayPal is a multinational payments company based in the United States. It was founded in 1998 and has since become one of the world’s largest and most popular payment platforms. PayPal has a strong presence in India and has been operating in the country since 2005.
PayPal India offers a range of payment solutions for individuals and businesses, including the ability to send and receive payments online, as well as the option to pay and get paid in various currencies. The company also offers a range of payment gateways and merchant services for online merchants, including the ability to accept credit and debit card payments, as well as e-checks.
Engaged in:
- Electronic filing of Income Tax Returns
- Chartered Accountant Tax Software
- GST Software
- Savings and Investments
- Company Incorporation
- Trademarking
- Startup Services
Established: 2011
Global Headquarters – San Jose, California, U.S.A.
Indian Headquarters – Chennai, Tamil Nadu, India
Number of Employees – 10,000+
Indian Headquarters Location – Futura IT Park, 334, Elcot Sez, Rajiv Gandhi Salai, Chennai – 600119, Tamil Nadu, India
5. Financial Software & Systems
Financial Software & Systems (FSS) is a global payments technology company that provides a range of financial technology products and services to banks, financial institutions, and corporations. Founded in 1991, the company now operates in over 50 countries worldwide.
In addition to its core payment processing business, FSS also offers a range of other financial technology products and services, including cash management systems, core banking systems, and ATM and self-service kiosk solutions.
Products:
- Transaction Switching Services
- ATM Managed Services
- Processing and Hosted Services
- System integration & Implementation
- Digital Payments
- Payment Gateway
- Card Management System
- Payment Analytics
- Merchant Management
Established: 1991
Headquarters – Chennai, Tamil Nadu, India
Number of Employees – 1,001-5,000
Headquarters Location – G-4, 1st Cross Street, SIPCOT IT Park,, Rajiv Gandhi Salai (OMR), Siruseri, Navalur,, Chennai – 603103, Tamil Nadu, India
6. Hinduja Leyland Finance
Hinduja Leyland Finance is a non-banking financial company (NBFC) based in Chennai, India. It is a joint venture between Hinduja Group, one of India’s leading business conglomerates, and Leyland Finance, a subsidiary of Ashok Leyland, a leading automotive company in India. It was established in 2008.
Hinduja Leyland Finance has a strong network of branches and partners across the country, and it uses advanced technology to deliver its services.
Engaged in:
- Housing Finance
- Personal Finance
- Commercial Vehicle
Established: 2008
Headquarters – Chennai, Tamil Nadu, India
Number of Employees – 5001-10,000+
Headquarters Location – 1, Sardar Patel Road, Guindy, Chennai – 600032, Tamil Nadu, India
7. Paytm
Paytm (acronym for “pay through mobile”) is a digital payments and financial services business based in India. Paytm was established in August 2010 with a $2 million investment from founder Vijay Shekhar Sharma.
Paytm’s parent company, One97 Communications, was registered on the Indian stock markets on November 18, 2021, following the biggest initial public offerings in India. Paytm has over 500 million customers as of 2021 and is one of India’s leading financial technology businesses.
Engaged in:
- Mobile Payments
- E-Commerce
- Lending
- Insurance
Established: August 2010
Headquarters – Noida, Uttar Pradesh, India
Number of Employees – 10,001+
Location in Chennai – II Floor, Balammal Building, No 33, Burkit Road, T Nagar, Chennai – 600017, Tamil Nadu, India
8. Fidelity National Information Services
Fidelity National Information Services, also known as FIS, is a global financial services technology company headquartered in Jacksonville, Florida. It was founded in 1968.
It is serving more than 20,000 clients and more than one million merchant locations in over 130 countries.
FIS has a diverse client base that includes banks, credit unions, financial institutions, and insurance companies. FIS is also involved in philanthropic efforts, including supporting education and providing financial assistance.
Engaged in:
- Core Banking Technology Solutions
- Payments Solutions
- Wealth Management Technology Solutions
- Capital Markets Technology Solutions
- Insurance Technology Solutions
Established: 1968
Global Headquarters – Jacksonville, Florida, U.S.A.
Number of Employees – 10,000+
Location in Chennai – New No 22, Old No 25, The Viceroy, Sardar Patel Road, Guindy, Chennai – 600032, Tamil Nadu, India
9. Zerodha
Zerodha Broking Ltd. is a financial services company based in India. Nithin and Nikhil Kamath, two brothers, established the business in August 2010. The name Zerodha was selected as a mix of keywords for business ideals: zero and “Rodha,” the Sanskrit word for “barrier.”
As of 2019, Zerodha was India’s largest retail stock broker by active customer base, accounting for up to 2% of daily retail transactions on Indian stock exchanges. With a self-assessment of around $1 billion, Zerodha entered the “unicorn club” in June 2020.
Engaged in:
- Online Trading
- Financial Networking & Knowledge Center
Established: 2010
Headquarters – Bangalore, Karnataka, India
Number of Employees – 501-1,000
Location in Chennai – Door no: F12A, First Floor, Spencer Plaza Phase 1, Anna Salai, Chennai- 600002, Tamil Nadu, India
10. Samunnati Financial Intermediation and Services
Samunnati Financial Intermediation and Services is a financial services company based in India. The company was founded in 2014.
Samunnati offers a range of financial products and services, including working capital loans, term loans, and crop insurance. The company also provides training and capacity building services to help farmers and SMEs improve their financial literacy and business skills.
The company has a network of branches and partners across India, and it works closely with banks, non-banking financial companies (NBFCs), and other financial institutions to provide its services.
Engaged in:
- Value Chain Finance
- Agri value chains
- Agri Enterprise Finance
- Advisory Services
Established: 2014
Headquarters – Chennai, Tamil Nadu, India
Number of Employees – 201-500
Headquarters Location – No. 129-B, Baid Hi Tech Park, 8th Floor, ECR, Thiruvanmiyur, Chennai – 600041, Chennai – 600041, Tamil Nadu, India
Final Words
We hope this article has helped you identify the top fintech companies in Chennai. Feel free to reach out to us in the comment section, if you have any questions or suggestions.
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Thirumoorthy serves as a teacher and coach. He obtained a 99 percentile on the CAT. He cleared numerous IT jobs and public sector job interviews, but he still decided to pursue a career in education. He desires to elevate the underprivileged sections of society through education
Thirumoorthy serves as a teacher and coach. He obtained a 99 percentile on the CAT. He cleared numerous IT jobs and public sector job interviews, but he still decided to pursue a career in education. He desires to elevate the underprivileged sections of society through education
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