Banking Tech · Chennai, India

Best Banking Tech Companies in Chennai, India

Updated 2026-06-24 · Ranked by funding & momentum

64 indexable Banking Tech companies headquartered in Chennai, India, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $366.4M across 16 funded companies.

64
Companies
$366.4M
Total Funding
16
Funded
0
Unicorns
0
Rounds (90d)

Ranked: Best Banking Tech companies in Chennai

#CompanyFundingValuationStage Latest roundEmployeesFoundedMomentum
1 BankBazaar
Online platform providing tools for comparing and applying for financial products
$125.7M $197M
as of 2024
Series D Series D Feb 2026 943 2008 ↑ Active
2 M2P Fintech
Provider of APIs enabling banking, lending, and payment financial services
$183.4M $784.1M
as of 2024
Series D Series D Jun 2025 1,078 2014 ↑ Active
3 Uncia
AI-powered lending solution provider
$3.1M Seed Seed Mar 2026 2020 ↑ Active
4 Vortex Engineering
Manufacturer of ATM
$24M $22.6M
as of 2011
Series D Series D Dec 2023 313 2001
5 Hotfoot
Provider of low-code platform streamlining loan origination, processing, and servicing
$331.5K $1.5M
as of 2019
Seed Seed Dec 2024 191 2016 ↑ Active
6 Market Simplified
Provider of solutions for the financial services industry
$7.6M $9M
as of 2022
Seed Seed Aug 2022 309 2005
7 CredoPay
Merchant acquirer payment processing solutions for businesses
$10.2M $8.5M
as of 2021
Seed Seed Mar 2022 106 2014
8 Prajna Labs
Provider of core banking system implementation and upgrade services
$564.3K Seed Seed Mar 2024 2012
9 Anur Cloud
Provider of AI-based video-KYC onboarding solutions
$891.2K $2.7M
as of 2023
Seed Seed Jul 2023 40 2016
10 Hypto
Tech infrastructure for developers to power new financial use-cases
$3.1M $11.3M
as of 2021
Seed Seed Jun 2021 19 2018
11 Fego
Provider of open banking APIs
$1.7M $6.9M
as of 2021
Acqui-Hired Seed Sep 2021 19 2020
12 Clayfin
Provider of digital banking platforms and omnichannel customer experience solutions
$4.4M $10.6M
as of 2015
Seed Seed Apr 2015 219 2009
13 CloudBankin
Provider of API-enabled platform offering loan management solutions for banks and lenders
$400K Seed Seed May 2023 44 2008
14 Ncash
Provider of an AI-powered platform for employee financial wellness in modern workplaces
$570.5K $10.5M
as of 2021
Seed Angel Sep 2021 17 2021
15 Vanghee
Digital bank for businesses
$212.1K $1.6M
as of 2021
Seed Angel Oct 2021 37 2016
16 Versify
Cloud-based accounting management solutions for financial institutions and small businesses
$195.2K $483.9K
as of 2020
Early Stage 2017
17 Ark Solutionz
Provider of core banking, digital, and AI solutions for financial institutions
Unfunded 2017
18 Avon Mobility
Software solutions for logistics & banking industry
Unfunded 1,873 2007
19 Base60AML
Cloud-hosted Anti Money Laundering software
Unfunded 1997
20 BCT Digital
AI-enabled risk management solutions for financial institutions
Funding Raised 75 1999
21 Bharatx.vision
Credit scoring solutions for individuals & businesses
Deadpooled 2019
22 Brainotix Solutions
Banking software suite
Unfunded 2019
23 Bulkpe
Internet-first bank offering digital banking services for businesses
Funding Raised 2022
24 CashLink Global Systems
ATM and payment processing software solutions
Funding Raised 88 2004
25 Cashplow
Provider of financial inclusion solutions for agribusinesses
Deadpooled 2019
26 Centrico
Financial technology platform offering core banking solutions
Unfunded 201 2019
27 CONNECTperfect
Cloud-based open banking APIs for fintech marketplace integrations
Funding Raised 319 2015
28 CuriousTech
Cloud-based chit fund software
Deadpooled 2020
29 Dhanhind
Platform offering financial solutions
Unfunded 2020
30 Digifin
Account opening platform for BFSI sector
Deadpooled 64 2011
31 eMACH.ai
Developer of an AI-based core banking platform
Funding Raised 6,096 1993
32 Encore Theme Technologies
Core business software solutions for banks and financial institutions
Acquired 53 2006
33 ezee.ai
Provider of AI-based digital lending, debt collection, and other fintech solutions
Acquired 119 2017
34 F2v Technology
Platform offering core banking solutions for banks and fintech companies
Funding Raised 2022
35 Fincom Tech Solutions
Provider of software solutions for financial and non-financial industries
Unfunded 2023
36 FinOS
Provider of cloud-based core banking platform and related financial service solutions
Unfunded 2018
37 Finserv
Fraud and risk management company
Unfunded 36 2008
38 Flexicode Technologies
Flexicode Technologies is an IT company that provides software solutions for banking and financial sectors.
26 2006
39 IGCB
Software solutions for financial solutions
Unfunded 6,096 2011
40 infoMICROFIN
Loan origination and servicing platform provider
Deadpooled 2017
41 Intellect Design Arena
Developer of multiproduct platform for wholesale, consumer, and central banking
Public 6,118 1993
42 Interacts AI
Developer of AI-powered voice bots for customer engagement and lead conversion
Unfunded 2024
43 IppoStack
Banking API solutions for financial instituions
Unfunded 244 2021
44 ISO Access
Provides a customer relationship management platform
Unfunded 17 2016
45 iSolve CKYC
Cloud based video identity verification process with AI facial match detection system
Deadpooled 322 2017
46 iTurmeric
Cloud-based open banking API solutions
Unfunded 6,096 2020
47 LendingStack
Software for loan lifecycle management
Unfunded 2020
48 Levarus
Provider of technology and software consulting for the banking domain
Unfunded 16 2022
49 Maveric Systems
Provider of AI-powered solutions for financial services transformation
Unfunded 2,633 2000
50 Mindeed Technologies
Banking software suite
Deadpooled 30 2019

Top 12 Banking Tech companies in Chennai

#1
BankBazaar Series D
$125.7M Raised
expand_more
location_onChennai, Tamil Nadu
Founded
2008
Employees
943
Funding raised
$125.7M
Valuation
$197M · 2024
Stage
Series D

Online platform providing tools for comparing and applying for financial products. It offers resources for credit cards, loans, and investment options. The platform enables users to assess eligibility and calculate payments. It also provides access to credit scores and related reports.

Funding rounds (11 disclosed of 11)
Round Date Amount
Series D Feb 2026 $441.4K
Venture Debt Dec 2025 $2.2M
Series D Apr 2025 $6.4M
Series D Oct 2024 $1.9M
Series D Dec 2023 $9.6M
Series D Mar 2020 $6M
5 earlier rounds — sign up free
Tech stack
amazon albamazon web servicesapple icloud mailcloudflarecore-jsdigicert+14
#2
M2P Fintech Series D
$183.4M Raised
expand_more
location_onChennai, Tamil Nadu
Founded
2014
Employees
1,078
Funding raised
$183.4M
Valuation
$784.1M · 2024
Stage
Series D

Provider of APIs enabling banking, lending, and payment financial services. The company offers solutions for customer onboarding, core banking systems, and payment processing. It facilitates card issuance, core lending, and digital commerce. The company provides tools for regulatory compliance, fraud management, and rewards programs. It also offers value-added services, including reconciliation, KYC, and anti-money l

Funding rounds (11 disclosed of 11)
Round Date Amount
Series D Jun 2025 $3.5M
Series D Sep 2024 $70M
Series C Jul 2024 $836.2K
Venture Debt Apr 2024 $4.2M
Series C Dec 2023 $2.4M
Series C Sep 2022 $4.1M
5 earlier rounds — sign up free
Tech stack
albacrossamazon s3amazon sesamazon web servicesanimate.cssaos+14
#3
Uncia Seed
$3.1M Raised
expand_more
location_onChennai, Tamil Nadu
Founded
2020
Funding raised
$3.1M
Stage
Seed

AI-powered lending solution provider. It is the platform for loan origination, management, and supply chain finance. The company technologies positions itself as an innovative SaaS provider transforming traditional lending and supply chain finance by combining AI, cloud architecture, and user-driven customization. It combines the power of AI with human intuition to deliver a ‘not available elsewhere’ experience f

Funding rounds (2 disclosed of 2)
Round Date Amount
Seed Mar 2026 $3M
Angel Jan 2024 $120K
#4
$24M Raised
expand_more
location_onChennai, Tamil Nadu
Founded
2001
Employees
313
Funding raised
$24M
Valuation
$22.6M · 2011
Stage
Series D

Manufacturer of ATM. It provides users with a company that designs and manufactures self-service transaction systems, including ATMs, catering to banks and financial institutions. They are recognized for pioneering low-power and solar-powered ATMs. It also provides comprehensive monitoring and incident management solutions for ATMs across different vendors.

Funding rounds (5 disclosed of 7)
Round Date Amount
Series D Dec 2023 Undisclosed
Series D Feb 2018 $5M
Series A Feb 2011 $14.7M
Seed Jun 2009 $3.1M
Seed Mar 2009 $424.3K
Seed 2008 Undisclosed
1 earlier round — sign up free
Tech stack
bootstrapfont awesomegoogle analyticsgoogle cloudgoogle cloud cdngoogle font api+14
#5
Hotfoot Seed
$331.5K Raised
expand_more
location_onChennai, Tamil Nadu
Founded
2016
Employees
191
Funding raised
$331.5K
Valuation
$1.5M · 2019
Stage
Seed

Provider of low-code platform streamlining loan origination, processing, and servicing. The company delivers technology, data science, and domain expertise for financial institutions. Its platform offers solutions for digital onboarding, data intelligence, and disbursement. The business rule engine simplifies decision-making and complex integrations. The company offers solutions for various loan products.

Funding rounds (3 disclosed of 3)
Round Date Amount
Seed Dec 2024 $1.1M
Seed Sep 2019 $250K
Angel Mar 2018 $81.5K
Tech stack
amazon web servicescore-jselementorembedplusgoogle analyticsgoogle font api+14
#6
$7.6M Raised
expand_more
location_onChennai, Tamil Nadu
Founded
2005
Employees
309
Funding raised
$7.6M
Valuation
$9M · 2022
Stage
Seed

Provider of solutions for the financial services industry. It offers a mobile trading platform that provides portfolio management, trading, research, and advisory. It provides a mobile banking platform that provides account management, service requests, security, and alerts. It offers CRM solutions for wealth managers and the insurance industry.

Funding rounds (8 disclosed of 8)
Round Date Amount
Seed Aug 2022 $1.3M
Seed Feb 2022 $1.3M
Seed Jun 2011 $1.7M
Seed Dec 2010 $1M
Seed Oct 2010 $812.2K
Seed Oct 2009 $311.5K
2 earlier rounds — sign up free
Tech stack
wordpressmysqlphpbootstrapwpbakerysmart slider 3+14
#7
CredoPay Seed
$10.2M Raised
expand_more
location_onChennai, Tamil Nadu
Founded
2014
Employees
106
Funding raised
$10.2M
Valuation
$8.5M · 2021
Stage
Seed

Merchant acquirer payment processing solutions for businesses. Provides one-stop solution for unified acquiring, multi-channel payment processing, and connected banking solutions to banks, neo-banks, payment facilitators, merchant acquirers, fintech companies, and ISOs. Offers support for multiple payment methods like UPI, payment gateway, POS, QR-codes links, and more.

Funding rounds (8 disclosed of 8)
Round Date Amount
Seed Mar 2022 $5M
Seed Jan 2021 $534.5K
Seed Sep 2020 $1.2M
Seed Mar 2020 $555.8K
Seed Jun 2019 $1.2M
Seed Feb 2019 $840.2K
2 earlier rounds — sign up free
Tech stack
azuredivigoogle font apimicrosoft 365mysqlnginx+8
#8
$564.3K Raised
expand_more
location_onChennai, Tamil Nadu
Founded
2012
Funding raised
$564.3K
Stage
Seed

Provider of core banking system implementation and upgrade services. It offers a complete core banking journey, from initial concept to sustained performance. Services include business analysis, test management, model bank configurations, health checks, and software selection. The firm assists with project management, training, and issue resolution. They specialize in Temenos solutions, possessing expertise in variou

Funding rounds (1 disclosed of 1)
Round Date Amount
Seed Mar 2024 $564.3K
Founders & key people
#9
Anur Cloud Seed
$891.2K Raised
expand_more
location_onChennai, Tamil Nadu
Founded
2016
Employees
40
Funding raised
$891.2K
Valuation
$2.7M · 2023
Stage
Seed

Provider of AI-based video-KYC onboarding solutions. It provides users with software solutions for various players in the banking industry to manage onboarding, AML due diligence, and identity verification. It also provides users with authentication solutions, compliance systems, and verification solutions.

Funding rounds (3 disclosed of 4)
Round Date Amount
Seed Jul 2023 $198.7K
Seed Nov 2022 $96.4K
Seed Dec 2021 Undisclosed
Seed Nov 2021 $596.1K
#10
Hypto Seed
$3.1M Raised
expand_more
location_onChennai, Tamil Nadu
Founded
2018
Employees
19
Funding raised
$3.1M
Valuation
$11.3M · 2021
Stage
Seed

Tech infrastructure for developers to power new financial use-cases. It de-constructs finance into its primitive components so that users can take insights to market without worrying about the underlying infrastructure. It inspires developers & businesses to build their own set of financial products which are at the cutting edge of technology. By unbundling the tech stack that bridges banks, financial institutions, a

Funding rounds (1 disclosed of 1)
Round Date Amount
Seed Jun 2021 $3.1M
Tech stack
firebaseamazon web servicesjqueryaosunpkgamazon s3+2
#11
Fego Acqui-Hired
$1.7M Raised
expand_more
location_onChennai, Tamil Nadu
Founded
2020
Employees
19
Funding raised
$1.7M
Valuation
$6.9M · 2021
Stage
Acqui-Hired

Provider of open banking APIs. It allows businesses to use its APIs to connect with their financial accounts of customers, build their use-case-specific products, enrich customer experiences and personalize user engagement.

Funding rounds (2 disclosed of 2)
Round Date Amount
Seed Sep 2021 $1.5M
Seed Jul 2020 $221K
Founders & key people
Tech stack
webflowgoogle adstermlyjquerygoogle hosted librariesgoogle analytics+3
#12
Clayfin Seed
$4.4M Raised
expand_more
location_onChennai, Tamil Nadu
Founded
2009
Employees
219
Funding raised
$4.4M
Valuation
$10.6M · 2015
Stage
Seed

Provider of digital banking platforms and omnichannel customer experience solutions. The company delivers retail and corporate banking solutions, including PFM and channel analytics. It offers internet, mobile, wearable, and API banking to enhance customer journeys. The company provides tools to acquire, engage, transact, and manage customer interactions.

Funding rounds (2 disclosed of 2)
Round Date Amount
Seed Apr 2015 $1.9M
Seed Apr 2009 $2.5M
Tech stack
bootstrapcloudflarecloudflare bot managementcontact form 7core-jsfont awesome+14

Recent signals in Chennai Banking Tech

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Funding & investor landscape

Total raised
$366.4M
across these companies
Companies funded
16
with disclosed funding
Highest-funded
$183.4M raised

Most active investors

3one4 Capital 3one4 Capital 2 investments in Banking Tech 77 Capital 77 Capital 2 investments in Banking Tech Aavishkaar Capital Aavishkaar Capital 2 investments in Banking Tech Peak XV Partners Peak XV Partners 2 investments in Banking Tech QL QED Innovation Labs 2 investments in Banking Tech 8i Ventures 8i Ventures 1 investment in Banking Tech Aditya Birla Bizlabs Aditya Birla Bizlabs 1 investment in Banking Tech AC Agnus Capital 1 investment in Banking Tech Aig Direct Aig Direct 1 investment in Banking Tech Amazon Amazon 1 investment in Banking Tech AA Andromeda Capital Advisors 1 investment in Banking Tech Angel List Angel List 1 investment in Banking Tech

Notable founders in Chennai Banking Tech

RS Rati Shetty Co-Founder & CPO BankBazaar · $125.7M raised
Adhil Shetty Adhil Shetty Co-Founder & CEO BankBazaar · $125.7M raised
Arjun Shetty Arjun Shetty Co-Founder & COO BankBazaar · $125.7M raised
Dinesh Desu Dinesh Desu Co-Founder M2P Fintech · $183.4M raised
Prabhu . Prabhu . Co-Founder M2P Fintech · $183.4M raised
M. Muthukumar . Co-Founder M2P Fintech · $183.4M raised
R. Rangarajan . Co-Founder & CEO M2P Fintech · $183.4M raised
Hari Padmanabhan Hari Padmanabhan Founder & CEO Uncia · $3.1M raised
Kannan Lakshminarayan Kannan Lakshminarayan Founder Vortex Engineering · $24M raised
Sathyan Gopalan Sathyan Gopalan CEO Vortex Engineering · $24M raised
RV Rajesh Venkatesan Director, Co Founder & CTO Hotfoot · $331.5K raised
Vivek Naidu Vivek Naidu Co-Founder & CEO Hotfoot · $331.5K raised

Frequently asked questions

How many Banking Tech companies are there in Chennai, India?
Radar tracks 64 indexable Banking Tech companies headquartered in Chennai, India, India, that meet our profile-completeness bar.
What is the total funding raised by Banking Tech companies in Chennai, India?
The Banking Tech companies in Chennai, India on this list have raised a combined $366.4M in disclosed equity funding across 16 funded companies.
Which is the highest-funded Banking Tech company in Chennai, India?
M2P Fintech is the highest-funded Banking Tech company in Chennai, India, with $183.4M in disclosed equity funding.
How many Banking Tech companies in Chennai, India are funded?
16 of the 64 Banking Tech companies in Chennai, India on this list have disclosed at least one equity funding round.
How many Banking Tech unicorns are there in Chennai, India?
None of the Banking Tech companies in Chennai, India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Chennai, India Banking Tech companies?
The most active investors in Chennai, India Banking Tech companies on this list include 3one4 Capital, 77 Capital, Aavishkaar Capital, Peak XV Partners, QED Innovation Labs.

Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-24.

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