Company lists
The Chennai edition · 2026

Banking techcompanies in Chennai

Core banking, payments, regtech, fraud & security, lending tech and more: the companies building banking tech in Chennai, Tamil Nadu, with their founders, funding, team size and business models.

61 company profiles31 with reported revenue14 with recorded fundingOctober 2026 edition
Chennai · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent banking tech business events in India

Funding, M&A, contract wins and launches involving 1,144 banking tech companies in India, last 24 months: 81 M&A deals · 62 launches · 51 Contracts · 30 funding rounds. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

ContractMaintenance

Steag energy services · client: Bharat

STEAG Energy Services (India), a wholly-owned stepdown subsidiary of the Company has been awarded an order from Bharat Aluminium Company regarding '1740 MW Power Plant Operations and…

Infrastructure
M&AAcquisition · Completed

Clayfin acquires Louie voice

Clayfin, a provider of digital banking and customer experience solutions for financial institutions, has acquired Louie Voice, providers of a voice banking platform that enables users to…

Voice banking platform
M&AAcquisition · Announced

Freo acquires Indialends

Freo has acquired digital lending marketplace IndiaLends in a strategic move that gives Freo full ownership of the company and significantly expands its fintech ecosystem.

Digital lending marketplace
FundingSeries A

Oolka

AI-powered customer engagement startup Oolka led the segment with a Rs 130 crore Series A round, backed by Accel, Lightspeed, and Z47.

Investors Accel, Lightspeed, Z47
FundingSeries A

Oolka

Oolka has raised $14 million in a Series A funding round led by Accel, with participation from existing investors Lightspeed and Z47.

Investors Accel, Lightspeed, Z47, Vidit Aatrey
Digital Payments
LaunchFintra

Aurionpro Solutions

"Aurionpro Solutions Limited has introduced Fintra, an artificial intelligence (AI)-native platform designed to automate trade finance workflows while retaining human oversight at key…

AI-powered trade finance platform
LaunchEMACH.ai Retail 6DX platform

Intellect design arena

Homegrown fintech solutions firm Intellect Design Arena Ltd on Thursday announced the deployment of its eMACH.ai Retail 6DX platform for OnCost, a Kuwait-based FMCG retailer, across its…

Retail Operations
LaunchIntegration with Banking Connect

Decentro

Decentro is ready to launch its integration with Banking Connect—the netbanking payment framework offered by NPCI Bharat BillPay Ltd— designed to simplify netbanking workflows while…

Netbanking payment integration
LaunchAutonomous Customer Operations Platform

Talisma

Talisma has launched its latest platform, the Autonomous Customer Operations Platform, to ease AI adoption in financial services and education sectors.

LaunchKonfir

Experian

Experian Experian, the global data and technology company, has announced the expansion of its verification capabilities in the UK with the addition of Konfir.

Verification
ContractTechnology

Infosys Finacle · client: Producers Savings Bank Corporation

Infosys Finacle has been selected by Producers Savings Bank Corporation to modernise its core banking infrastructure, as part of the lender’s broader digital transformation strategy…

Banking
Funding

Sign3

Gurugram-based fraud intelligence startup Sign3 has raised $1.5 million in a funding round led by early-stage venture firm Cedar Hill Capital.

Investors Cedar Hill Capital, Smile group, Rajesh Sawhney, Dinesh Agarwal
Fraud detection / Financial technology
ContractTechnology

Intellect design arena · client: One of India's Leading E-commerce Giants

Intellect Design Arena today announced that one of India’s Leading E-commerce Giants, serving a registered user base of more than 500 million, has selected Purple Fabric Accounts Payable…

E-commerce
LaunchCredInsure

Credgenics

Credgenics has launched CredInsure, an artificial intelligence-based platform aimed at supporting insurance companies in managing policyholder engagement and related operations.

AI-based platform
LaunchFinacle Core Banking Solution

Infosys Finacle

Producers Bank will modernize its technology landscape by upgrading to the latest version of the Finacle Core Banking Solution.

Core Banking Software
ContractService

Vakrangee · client: Bajaj General Insurance Limited

Mumbai-based software player and white-label ATM operator Vakrangee Ltd on Saturday said it has entered into a corporate agency arrangement with Bajaj General Insurance Limited to…

Insurance
ContractTechnology

Network People Services Technologies · client: Na

Mumbai : Network People Services Technologies Limited (NPST), India’s leading digital banking and payments technology company, today announced that it has secured a strategic mandate…

ContractTechnology

Network People Services Technologies · client: Large cooperative bank

Network People Services Technologies Limited (NPST) has secured a mandate from a large cooperative bank to deploy its UPI switching infrastructure.

Payments
LaunchEVA

Experian

Experian unveiled the next evolution of the Experian Virtual Assistant, EVA, to provide near real‑time spending analysis, tailored recommendations, and relevant financial offers based on…

Virtual Assistant
ContractInfrastructure

Aurionpro · client: Na

Aurionpro Solutions Limited (BSE: 532668 | NSE: AURIONPRO) is pleased to announce its largest-ever order win in the fast-growing data centre segment, secured from one of the leading…

Data Centre
LaunchWorld’s First Agent Studio

Razorpay

Razorpay announced the launch of the “World’s First Agent Studio”, built using the Claude Agent SDK from Anthropic, at Razorpay’s flagship event, FTX’2026, in India on 12 March 2026.

B2B agent marketplace and builder platform
LaunchNGAGE for Enterprises

Comviva

Comviva has announced the launch of NGAGE for Enterprises, a next-generation communications platform as-a-service (CPaaS) platform designed to help enterprises deliver seamless, secure,…

Communications platform as a service (CPaaS)
M&AMerger · Announced

Supernet Technologies acquires Supernet

Supernet Limited has been merged with and into Supernet Technologies Limited (STL) pursuant to a Scheme of Arrangement sanctioned by the High Court of Sindh

Telecommunications
M&AAcquisition · Announced

Telecard acquires Supernet Technologies

STL was acquired by Telecard Limited, and it also became the majority shareholder of Supernet Limited.

Telecommunications
LaunchLiteCone

Lumiq

Enterprise AI firm LUMIQ has unveiled LiteCone, a specialised agentic AI Workforce designed specifically for financial services organisations looking to move beyond experimental AI…

AI Workforce platform
FundingSeed

Roopya

Roopya, a Saas-based startup, has raised ₹ 4 Crore in seed round led by Inflection Point Ventures.

FinTech
M&AAcquisition · Announced

Bharti Airtel acquires Indus towers

Bharti Airtel, the promoter of Indus Towers, has further strengthened its control over the telecom infrastructure company by acquiring additional shares in the open market.

Telecom Infrastructure
Funding

Stable money

Bengaluru-based fixed income investment startup Stable Money has closed a $25 million funding round led by Peak XV Partners with participation from existing investors Fundamentum…

Investors Peak xv partners, Fundamentum Partnership, Z47, Rtp global
Fixed Income Investment
LaunchFraud Alert

Bharti Airtel

Bharti Airtel has launched its innovative Fraud Alert, an AI-powered, cutting-edge solution that delivers real-time protection to customers against the rapidly growing menace of…

LaunchUnified Digital Distribution Management System

Comviva

Comviva, the global leader in customer experience and data monetization solutions, today announced the launch of its next-generation Digital Distribution Management System for channel…

Digital Distribution Management System

Banking tech companies in Chennai, by revenue

Browse banking tech companies in Chennai by reported revenue, one-year revenue growth, revenue model, age and stage. The 31 companies below are the largest by their most recent reported revenue among 31 banking tech companies in Chennai, Tamil Nadu that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 31

Developer of an AI-based core banking platform

Banking tech
₹2,577.03 crFY 2024-25
+0%2024–2025
6,096+7% 12 mo to Sep 2024recorded Sep 2024
33 yr1993
0none in 3 months

Developer of multiproduct platform for wholesale, consumer, and central banking

Banking tech
₹1,735.25 crFY 2023-24
Not reported
8,344+8% 12 mo to Aug 2024LinkedIn · Oct 2026
33 yr1993
19postings · last posted Sep 2026

Software solutions for logistics & banking industry

Banking tech
₹898.51 crFY 2024-25
+2%2024–2025
10+3% 12 mo to Aug 2024LinkedIn · Oct 2026
19 yr2007
0none in 3 months

Provider of AI-powered solutions for financial services transformation

Banking tech
₹598.15 crFY 2022-23
Not reported
2,779LinkedIn · Oct 2026
26 yr2000
0none in 3 months · last posted May 2026

Provider of APIs enabling banking, lending, and payment financial services

Payments
₹530.85 crFY 2024-25
+36%2024–2025
1,418+17% 12 mo to Sep 2024LinkedIn · Oct 2026
12 yr2014
0none in 3 months · last posted Jun 2026

Online platform providing tools for comparing and applying for financial products

Banking tech
₹254.37 crFY 2024-25
Not reported
685-12% 12 mo to Jul 2024LinkedIn · Oct 2026
18 yr2008
1postings · last posted Aug 2026

Platform offering financial solutions

Banking tech
₹140.75 crFY 2024-25
+33%2024–2025
294LinkedIn · Jul 2026
6 yr2020
0none in 3 months · last posted May 2026

Financial technology platform offering core banking solutions

Banking tech
₹84.12 crFY 2024-25
+2%2024–2025
473LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Manufacturer of ATM

Banking tech
₹66.88 crFY 2024-25
+25%2024–2025
499+4% 12 mo to Aug 2024LinkedIn · Jul 2026
25 yr2001
0none in 3 months · last posted Jun 2026

Provider of digital banking platforms and omnichannel customer experience solutions

Banking tech
₹65.38 crFY 2024-25
+4%2024–2025
251-19% 12 mo to Sep 2024LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Platform offering smart card solutions

Banking tech
₹56.32 crFY 2024-25
-47%2024–2025
—Not available
8 yr2018
0none in 3 months

Merchant acquirer payment processing solutions for businesses

Banking tech
₹56.25 crFY 2024-25
+67%2024–2025
120+12% 12 mo to Sep 2024LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Provider of solutions for the financial services industry

Banking tech
₹48.56 crFY 2022-23
+11%2022–2023
159+1% 12 mo to Jul 2024LinkedIn · Jul 2026
21 yr2005
0none in 3 months

AI-enabled risk management solutions for financial institutions

Grc software
₹47.36 crFY 2024-25
-7%2024–2025
39+70% 12 mo to Aug 2023LinkedIn · Jul 2026
27 yr1999
0none in 3 months · last posted May 2025

AI-powered lending solution provider

Banking tech
₹33.38 crFY 2024-25
+31%2024–2025
188LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Internet-first bank offering digital banking services for businesses

Banking tech
₹28.26 crFY 2024-25
+474%2024–2025
12LinkedIn · Jul 2026
4 yr2022
0none in 3 months · last posted Jun 2026

Provider of low-code platform streamlining loan origination, processing, and servicing

Banking tech
₹25.15 crFY 2024-25
+15%2024–2025
245+9% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months · last posted Feb 2026

Provider of governance, risk, and compliance software for audit management

Regtech
₹18.03 crFY 2024-25
+37%2024–2025
177+3% 12 mo to Sep 2024LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Software solutions for the financial services industry

Banking tech
₹17.38 crFY 2024-25
+20%2024–2025
29+9% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months

It provides analytics support throughout the credit life cycle

Banking tech
₹16.38 crFY 2024-25
+25%2024–2025
68LinkedIn · Jul 2026
23 yr2003
0none in 3 months · last posted Mar 2026

ATM and payment processing software solutions

Banking tech
₹15.57 crFY 2024-25
-10%2024–2025
294-20% 12 mo to Sep 2024LinkedIn · Jul 2026
22 yr2004
0none in 3 months

Offers a risk and fraud analytics platform

Grc software
₹5.79 crFY 2024-25
Not reported
4LinkedIn · Jul 2026
8 yr2018
5postings · last posted Sep 2026

Provider of AI-based video-KYC onboarding solutions

Banking tech
₹4.02 crFY 2024-25
+11%2024–2025
64+18% 12 mo to Jun 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Provider of API-enabled platform offering loan management solutions for banks and lenders

Banking tech
₹3.90 crFY 2024-25
+30%2024–2025
77-4% 12 mo to Jun 2024LinkedIn · Jul 2026
18 yr2008
0none in 3 months · last posted Apr 2026

Banking software suite

Banking tech
₹3.39 crFY 2024-25
+8%2024–2025
—Not available
7 yr2019
0none in 3 months
31 of 61 companies shown here · the full list is on Radar
Fliar Radar

Explore all 61 banking tech companies in Chennai on Radar

This page shows the top 31. Radar has the complete, filterable list with contacts and live company signals.

Open banking tech in Chennai on Radar
  • Every company, not just 50All 61 banking tech companies in Chennai, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
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Explore banking tech companies in Chennai by what you are looking for

Find banking software companies in Chennai and top banking tech companies, from core banking platforms to open banking APIs. Browse banking tech startups in Chennai and see who is hiring.

8 ways to explore banking tech in Chennai

Core banking software & platformsPayments & banking API companiesRegtech, compliance & risk softwareBanking cybersecurity & fraud detectionLending & loan management softwareBanking chatbots, CRM & analytics

Core banking software & platforms

Banking software suites, core banking platforms and open banking APIs.

  1. eMACH.ai

    Developer of an AI-based core banking platform

    Banking tech
    See in list
  2. Intellect Design Arena

    Developer of multiproduct platform for wholesale, consumer, and central banking

    Banking tech
    See in list
  3. Avon Mobility

    Software solutions for logistics & banking industry

    Banking tech
    See in list
  4. Maveric Systems

    Provider of AI-powered solutions for financial services transformation

    Banking tech
    See in list
  5. M2P Fintech

    Provider of APIs enabling banking, lending, and payment financial services

    Payments
    See in list

Payments & banking API companies

Payment processing, merchant acquiring and banking-as-a-service providers.

  1. M2P Fintech

    Provider of APIs enabling banking, lending, and payment financial services

    Payments
    See in list
  2. CredoPay

    Merchant acquirer payment processing solutions for businesses

    Banking tech
    See in list
  3. CashLink Global Systems

    ATM and payment processing software solutions

    Banking tech
    See in list
  4. IppoStack

    Banking API solutions for financial instituions

    Payments
    Website
  5. TheSmartShop

    Online platform for corresponding banking services

    Banking tech
    Website

Regtech, compliance & risk software

Governance, risk, compliance, KYC and anti-money laundering software.

  1. BCT Digital

    AI-enabled risk management solutions for financial institutions

    Grc software
    See in list
  2. NCSSoft

    Provider of governance, risk, and compliance software for audit management

    Regtech
    See in list
  3. CClyticx

    It provides analytics support throughout the credit life cycle

    Banking tech
    See in list
  4. SeaportAI

    Offers a risk and fraud analytics platform

    Grc software
    See in list
  5. Anur Cloud

    Provider of AI-based video-KYC onboarding solutions

    Banking tech
    See in list

Banking cybersecurity & fraud detection

Fraud prevention, transaction monitoring and security tools for banks.

  1. SeaportAI

    Offers a risk and fraud analytics platform

    Grc software
    See in list
  2. Finserv

    Fraud and risk management company

    Cybersecurity
    Website
  3. Base60AML

    Cloud-hosted Anti Money Laundering software

    Grc software
    Website
  4. Versify

    Cloud-based accounting management solutions for financial institutions and small businesses

    Banking tech
    See in list
  5. Vortex Engineering

    Manufacturer of ATM

    Banking tech
    See in list

Lending & loan management software

Loan origination, loan life cycle management and credit assessment platforms.

  1. BankBazaar

    Online platform providing tools for comparing and applying for financial products

    Banking tech
    See in list
  2. Uncia

    AI-powered lending solution provider

    Banking tech
    See in list
  3. Hotfoot

    Provider of low-code platform streamlining loan origination, processing, and servicing

    Banking tech
    See in list
  4. CloudBankin

    Provider of API-enabled platform offering loan management solutions for banks and lenders

    Banking tech
    See in list
  5. GoldPE

    Developer of automated pawn machine for precious metal analysis and loans

    Banking tech
    Website

Banking chatbots, CRM & analytics

Customer service bots, CRM, insurance IT and business intelligence for financial institutions.

  1. SeaportAI

    Offers a risk and fraud analytics platform

    Grc software
    See in list
  2. Interacts AI

    Developer of AI-powered voice bots for customer engagement and lead conversion

    Customer service software
    See in list
  3. ISO Access

    Provides a customer relationship management platform

    Insurance it
    Website
  4. YuVerse

    AI-powered financial solutions suite providing comprehensive automation and intelligence for financial operations

    Banking tech
    Website
  5. Nayamsoft

    Core banking system monitoring and analytics solutions for banks

    Banking tech
    Website

Banking tech startups in Chennai

Newer banking technology businesses founded in recent years.

  1. Bulkpe

    Internet-first bank offering digital banking services for businesses

    Banking tech
    See in list
  2. Levarus

    Provider of technology and software consulting for the banking domain

    Banking tech
    See in list
  3. Ncash

    Provider of an AI-powered platform for employee financial wellness in modern workplaces

    Banking tech
    See in list
  4. Interacts AI

    Developer of AI-powered voice bots for customer engagement and lead conversion

    Customer service software
    See in list
  5. IppoStack

    Banking API solutions for financial instituions

    Payments
    Website
13 companies in Chennai

Banking tech companies hiring in Chennai

Banking technology employers with open roles right now.

  1. Intellect Design Arena

    Developer of multiproduct platform for wholesale, consumer, and central banking

    Banking tech
    See in list
  2. Maveric Systems

    Provider of AI-powered solutions for financial services transformation

    Banking tech
    See in list
  3. M2P Fintech

    Provider of APIs enabling banking, lending, and payment financial services

    Payments
    See in list
  4. BankBazaar

    Online platform providing tools for comparing and applying for financial products

    Banking tech
    See in list
  5. Dhanhind

    Platform offering financial solutions

    Banking tech
    See in list
14 companies in Chennai
Mobile reach

Top 10 banking tech apps from Chennai

The most-installed Android apps published by banking tech companies headquartered in Chennai — 14.4M installs between them. 11 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Credit Score & Credit Cards

by BankBazaar

Installs14.0M
Rating4.42145K ratings
Installs, year on year+9%
Last updatedMay 2026
View on Google Play ↗
Credit Score & Credit Cards screenshot 1Credit Score & Credit Cards screenshot 2Credit Score & Credit Cards screenshot 3Credit Score & Credit Cards screenshot 4Credit Score & Credit Cards screenshot 5Credit Score & Credit Cards screenshot 6
2

Dhanhind - Retailer

by Dhanhind

Installs323K
Rating—
Last updatedMay 2026
View on Google Play ↗
Dhanhind - Retailer screenshot 1Dhanhind - Retailer screenshot 2Dhanhind - Retailer screenshot 3Dhanhind - Retailer screenshot 4Dhanhind - Retailer screenshot 5Dhanhind - Retailer screenshot 6
3

Vailankanni Shrine Live Mass

by Finserv

Installs72K
Rating—
Last updatedFeb 2026
View on Google Play ↗
Vailankanni Shrine Live Mass screenshot 1Vailankanni Shrine Live Mass screenshot 2Vailankanni Shrine Live Mass screenshot 3Vailankanni Shrine Live Mass screenshot 4Vailankanni Shrine Live Mass screenshot 5Vailankanni Shrine Live Mass screenshot 6
4

Vanghee Lite: Neo Banking

by Vanghee

Installs11K
Rating—
Last updatedMar 2025
View on Google Play ↗
Vanghee Lite: Neo Banking screenshot 1Vanghee Lite: Neo Banking screenshot 2Vanghee Lite: Neo Banking screenshot 3Vanghee Lite: Neo Banking screenshot 4Vanghee Lite: Neo Banking screenshot 5
5

Bulkpe - Zero Balance Biz Acc

by Bulkpe

Installs2K
Rating—
Last updatedMay 2026
View on Google Play ↗
Bulkpe - Zero Balance Biz Acc screenshot 1Bulkpe - Zero Balance Biz Acc screenshot 2Bulkpe - Zero Balance Biz Acc screenshot 3Bulkpe - Zero Balance Biz Acc screenshot 4Bulkpe - Zero Balance Biz Acc screenshot 5
6

Ncash : Financial Wellness

by Ncash

Installs2K
Rating—
Last updatedJun 2026
View on Google Play ↗
Ncash : Financial Wellness screenshot 1Ncash : Financial Wellness screenshot 2Ncash : Financial Wellness screenshot 3Ncash : Financial Wellness screenshot 4Ncash : Financial Wellness screenshot 5Ncash : Financial Wellness screenshot 6
7

CredoPay Merchant Application

by CredoPay

Installs2K
Rating—
Last updatedOct 2025
View on Google Play ↗
CredoPay Merchant Application screenshot 1CredoPay Merchant Application screenshot 2CredoPay Merchant Application screenshot 3CredoPay Merchant Application screenshot 4CredoPay Merchant Application screenshot 5CredoPay Merchant Application screenshot 6
The business behind the activity

Banking tech financials in Chennai

Revenue, profit and growth from the filed annual accounts of 27 banking tech companies in Chennai, Tamil Nadu for FY24-25 — 32 of the 61 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 79% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹2,393.12 cr

27 companies filing accounts

combined net profit−₹40.27 cr

-1.7% aggregate margin

are profitable78%

21 of 27 companies

median revenue~₹18.0 cr

the typical company

median revenue growth+13%

into FY24-25

earned by the top five79%

revenue concentration

Six-year view

Combined revenue of filing companies

₹1,042.03 crFY19-2022 filers
₹1,162.81 crFY20-2123 filers
₹1,573.02 crFY21-2228 filers
₹2,186.19 crFY22-2328 filers
₹2,287.90 crFY23-2428 filers
₹2,393.12 crFY24-2527 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 22 companies over three years

+10%
FY22-23₹2,102.26 cr₹47.83 cr net
FY23-24₹2,257.36 cr₹87.37 cr net
FY24-25₹2,319.25 cr−₹19.46 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr250% profitable
₹1–10 cr786% profitable
₹10–100 cr1385% profitable
₹100–1,000 cr560% profitable
Over ₹1,000 cr0—

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking6
0–20%7
20–50%8
50–100%0
Doubled+3

24 companies with accounts for both years; median growth +13%.

Profitability

Profit is concentrated at the top

21profitable
6loss-making
-1.7%aggregate margin
4.3%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
BulkpeCHASEOUT TECHNOLOGIES PRIVATE LIMITED+474%₹28.26 cr
NCSSoftNCS SOFT SOLUTIONS PRIVATE LIMITED+37%₹18.03 cr
BankBazaarA&A DUKAAN FINANCIAL SERVICES PRIVATE LIMITED+35%₹254.37 cr
DhanhindDHAN HIND UTILITY PRIVATE LIMITED+33%₹140.75 cr
UnciaUNCIA TECHNOLOGIES PRIVATE LIMITED+30%₹33.38 cr
Vortex EngineeringVORTEX ENGINEERING PRIVATE LIMITED+25%₹66.88 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
QbrikQBRIK INFORMATION TECHNOLOGIES PRIVATE LIMITED35.1%₹17.38 cr
HotfootHOTFOOT TECHNOLOGY SOLUTIONS PRIVATE LIMITED23.7%₹25.15 cr
Avon MobilityNUCLEUS SOFTWARE EXPORTS LIMITED19.3%₹838.70 cr
MOBISMARTMOBISMART CARD TECHNOLOGY LIMITED13.8%₹56.32 cr
CClyticxCCLYTICX SERVICES PRIVATE LIMITED13.7%₹16.38 cr
CentricoCENTRICO-INDIA PRIVATE LIMITED13.2%₹84.12 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Banking tech22₹2,127.26 cr~₹26.7 cr82%8.9%
Leaders

Largest banking tech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Avon MobilityNUCLEUS SOFTWARE EXPORTS LIMITED₹838.70 cr₹161.76 cr19.3%+3%
Maveric SystemsMAVERIC SYSTEMS LIMITED₹433.82 cr₹7.30 cr1.7%-16%
BankBazaarA&A DUKAAN FINANCIAL SERVICES PRIVATE LIMITED₹254.37 cr−₹23.29 cr-9.2%+35%
M2P FintechM2P SOLUTIONS PRIVATE LIMITED₹224.36 cr−₹205.92 cr-91.8%+3%
DhanhindDHAN HIND UTILITY PRIVATE LIMITED₹140.75 cr₹22.58 lakh0.2%+33%
CentricoCENTRICO-INDIA PRIVATE LIMITED₹84.12 cr₹11.11 cr13.2%+2%
Vortex EngineeringVORTEX ENGINEERING PRIVATE LIMITED₹66.88 cr−₹1.72 cr-2.6%+25%
MOBISMARTMOBISMART CARD TECHNOLOGY LIMITED₹56.32 cr₹7.75 cr13.8%-47%
CredoPayCREDOPAY TECHNOLOGY SERVICES PRIVATE LIMITED₹49.19 cr₹3.16 cr6.4%—
ClayfinCLAYFIN TECHNOLOGIES PRIVATE LIMITED₹47.19 cr₹5.34 cr11.3%+6%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

AdTech Industry Landscape of Chennai

The financials above are one chapter. The full banking tech landscape of Chennai maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the banking tech landscape of Chennai
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Banking tech funding and M&A across India

748 recorded equity rounds have gone to 1,144 banking tech companies in India — how much, at which stage, into which sub-sectors, from whom, and how Chennai compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months16

US$96.50m

equity rounds, last 24 months61

US$289.55m

raised over five yearsUS$2.68bn

344 rounds in India

M&A deals, India81

last 24 months

Capital by year

Equity funding into banking tech in India

amount rounds
$153m201856
$355m201950
$217m202063
$1.2bn202188
$701m202292
$176m202351
$301m202459
$188m202542
$94m202612

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$1.22bn across 88 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$8.25m36 rounds · median US$129k
SeedUS$222.73m183 rounds · median US$729k
Series AUS$200.39m43 rounds · median US$4.00m
Series BUS$439.97m34 rounds · median US$6.80m
Series CUS$864.05m24 rounds · median US$31.07m
Series D+US$940.04m24 rounds · median US$10.93m
Where the money went · five years

Most-funded sub-sectors

Banking techUS$1.21bn197 rounds · 106 companies
PaymentsUS$750.36m26 rounds · 9 companies
Insurance itUS$223.40m11 rounds · 4 companies
Alternative lendingUS$138.05m33 rounds · 14 companies
Grc softwareUS$116.64m10 rounds · 4 companies
Investment techUS$102.32m13 rounds · 4 companies
RegtechUS$41.05m13 rounds · 5 companies
Corporate activity · last 24 months

M&A in India

72Acquisition
9Merger

Most active acquirers

  1. Bharti Airtel28
  2. Experian6
  3. Perfios5
  4. Aurionpro Solutions3
  5. Na3

Most acquired or merged

  1. Bharti Airtel9
  2. Indus towers3
  3. Tata play3
  4. Spice money2
  5. Mindgate2

Each deal appears in the events strip at the top of the page.

Banking tech funding in Chennai

14 banking tech companies in Chennai have recorded equity funding, US$378.60m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Chennai

Meet the people behind banking tech companies in Chennai. 47 of 61 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Chennai banking tech companies by sub-sector

The most common specialisations among banking tech companies in Chennai. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring banking tech in India and nearby markets.

Coming soon