Company lists
The India edition · 2026

Digital remittancecompanies in India

Money transfer apps, business payments, forex, crypto transfers, banking & savings and more: the companies building digital remittance in India, with their founders, funding, team size and business models.

83 company profiles26 with reported revenue11 with recorded fundingOctober 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent digital remittance business events in India

Funding, M&A, contract wins and launches involving 118 digital remittance companies in India, last 24 months: 3 launches · 1 funding round. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Feb 2026.

Funding

Xflow

Notably, earlier this week, General Catalyst also led a $16.6 million funding round in B2B cross-border payments startup Xflow.

B2B cross-border payments
LaunchConnectX

Fable fintech

Cross border payment solutions provider Fable Fintech on Friday announced strategic initiative targeting up to 500 exchange houses worldwide with new middleware platform ConnectX,…

Middleware platform
LaunchBRISKPE Launchpad

Briskpe

BRISKPE Launchpad, a bold new initiative aimed at transforming how Indian sellers expand globally.

LaunchBRISKPE Unified Platform for Cross‑Border Payments

Briskpe

BRISKPE, a PayU-backed cross‑border payment platform, has introduced a game‑changing solution designed specifically to meet the needs of micro, small, and medium enterprises (MSMEs).

Cross‑border payment platform

Digital remittance companies in India, by revenue

Browse digital remittance companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 26 companies below are the largest by their most recent reported revenue among 26 digital remittance companies in India 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 26

Platform providing money transfer and payment services

Payments
₹415.17 crFY 2021-22
+815%2021–2022
—Not available
6 yr2020
0none in 3 months

Foreign exchange service provider

Digital remittance
₹56.81 crFY 2024-25
-32%2024–2025
—Not available
10 yr2016
0none in 3 months

Provider of international payment and corporate expense management solutions

Digital remittance
₹55.87 crFY 2024-25
+142%2024–2025
137-4% 12 mo to Sep 2023LinkedIn · Jul 2026
7 yr2019
0none in 3 months

B2B cross-border payments and foreign exchange management solutions

Digital remittance
₹46.19 crFY 2024-25
Not reported
—Not available
15 yr2011
0none in 3 months

Provider of end-to-end cross border payment solutions for businesses

Digital remittance
₹36.37 crFY 2024-25
Not reported
196-18% 12 mo to Dec 2023LinkedIn · Jul 2026
27 yr1999
0none in 3 months

Provider of digital platform for managing international outward remittance payments

Digital remittance
₹14.59 crFY 2024-25
+116%2024–2025
23+30% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months · last posted Mar 2026

Developer of an online remittance solutions for businesses

Payments
₹10.78 crFY 2024-25
+26%2024–2025
40+19% 12 mo to Mar 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Provider of infrastructure for processing and managing cross border payments

Payments
US$786kFY 2024-25
+427%2024–2025
136+36% 12 mo to Jul 2024LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Online platform offering technical solutions for the e-remittance and e-payment

Cybersecurity
₹2.78 crFY 2021-22
+29%2021–2022
60LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Platform to send money out of India

Digital remittance
₹2.44 crFY 2024-25
-16%2024–2025
18LinkedIn · Jul 2026
9 yr2017
0none in 3 months

A fintech platform providing cross-border payment solutions for students and individuals

Digital remittance
₹2.14 crFY 2024-25
+31%2024–2025
16LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Provider of international payment solutions for businesses and service professionals

Digital remittance
₹1.76 crFY 2024-25
+2288%2024–2025
41LinkedIn · Jul 2026
3 yr2023
0none in 3 months

Company that provides foreign exchange services

Digital remittance
₹1.63 crFY 2024-25
-57%2024–2025
—Not available
11 yr2015
0none in 3 months

An online foreign currency exchange and international remittance marketplace

Forex tech
₹1.39 crFY 2024-25
+16%2024–2025
15LinkedIn · Jul 2026
11 yr2015
0none in 3 months

App-based remittance solution for individuals

Digital remittance
₹99.79 lakhFY 2024-25
Not reported
—Not available
6 yr2020
0none in 3 months

Wallet for cross-border money transfers

Digital remittance
₹82.46 lakhFY 2021-22
+33%2021–2022
14+120% vs previous recordLinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted Jul 2026

Software solutions for customers in the banking & financial industry

Digital remittance
₹62.60 lakhFY 2021-22
Not reported
—Not available
15 yr2011
—No postings tracked

Internet first bank offering international banking solutions for NRI

Banking tech
₹64.42 lakhFY 2022-23
Not reported
219LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Provider of cross-border money transfer solution for businesses

Digital remittance
₹55.04 lakhFY 2024-25
+196%2024–2025
4LinkedIn · Jul 2026
4 yr2022
0none in 3 months

Platform that simplifies international trade payments for businesses by offering a seamless cross-border payment system

Payments
US$53kFY 2024-25
-95%2024–2025
47LinkedIn · Jul 2026
5 yr2021
0none in 3 months · last posted Apr 2026

Provider of AI-powered solutions for cross-border trade

Alternative lending
₹37.20 lakhFY 2024-25
-6%2024–2025
20LinkedIn · Jul 2026
4 yr2022
0none in 3 months

Provider of cross-border payment solutions

Payments
₹28.83 lakhFY 2024-25
+13%2024–2025
35LinkedIn · Jul 2026
4 yr2022
0none in 3 months

Cross-border payment solutions for e-commerce businesses

Digital remittance
₹6.46 lakhFY 2023-24
Not reported
5LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Platform to compare money transfer services

Digital remittance
₹3.32 lakhFY 2021-22
Not reported
—Not available
11 yr2015
0none in 3 months

Decentralized financial solutions for crypto & fiat currencies

Cryptocurrencies
₹2.07 lakhFY 2024-25
Not reported
9LinkedIn · Jul 2026
2 yr2024
0none in 3 months
26 of 83 companies shown here · the full list is on Radar
Fliar Radar

Explore all 83 digital remittance companies in India on Radar

This page shows the top 26. Radar has the complete, filterable list with contacts and live company signals.

Open digital remittance in India on Radar
  • Every company, not just 50All 83 digital remittance companies in India, 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.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore digital remittance companies in India by what you are looking for

Browse the top digital remittance companies in India, from money transfer apps to cross-border payment platforms for businesses. You will also find digital remittance startups in India and companies hiring now.

7 ways to explore digital remittance in India

Money transfer & P2P remittance appsCross-border payment platforms for businessesForex & currency exchange companiesCrypto & blockchain-based payment companiesNRI banking, savings & lending appsDigital remittance startups in India

Money transfer & P2P remittance apps

Apps for sending money to family and friends across borders.

  1. Bestpay Solutions

    Platform providing money transfer and payment services

    Payments
    See in list
  2. Gems Forex

    Foreign exchange service provider

    Digital remittance
    See in list
  3. Nium Forex

    B2B cross-border payments and foreign exchange management solutions

    Digital remittance
    See in list
  4. Flyremit

    Provider of digital platform for managing international outward remittance payments

    Digital remittance
    See in list
  5. Payallmoney

    Cross-border payment solution for businesses and individuals

    Digital remittance
    Website

Cross-border payment platforms for businesses

B2B remittance and international payment solutions for companies.

  1. Bestpay Solutions

    Platform providing money transfer and payment services

    Payments
    See in list
  2. Karbon

    Provider of international payment and corporate expense management solutions

    Digital remittance
    See in list
  3. Daytona Systems India

    Developer of an online remittance solutions for businesses

    Payments
    See in list
  4. Xflow

    Provider of infrastructure for processing and managing cross border payments

    Payments
    See in list
  5. BriskPe

    Provider of international payment solutions for businesses and service professionals

    Digital remittance
    See in list

Forex & currency exchange companies

Foreign currency exchange, forex cards and travel money services.

  1. ExTravelMoney

    An online foreign currency exchange and international remittance marketplace

    Forex tech
    See in list
  2. Unimoni

    Provider of money transfer, credit and payment solutions

    Digital remittance
    Website
  3. RPay

    Cross-border money transfer and exchange solution for individuals

    Cryptocurrencies
    Website
  4. OmniUPS

    Online platform for cross-border remittance and forex cards

    Digital remittance
    Website
  5. Xflow

    Provider of infrastructure for processing and managing cross border payments

    Payments
    See in list
12 companies in India

Crypto & blockchain-based payment companies

Blockchain and crypto-based payment and transfer platforms.

  1. ThoughtBox

    Online platform offering technical solutions for the e-remittance and e-payment

    Cybersecurity
    See in list
  2. Trustless Capital

    Decentralized financial solutions for crypto & fiat currencies

    Cryptocurrencies
    See in list
  3. SpendPi

    Blockchain-based payment system

    Digital remittance
    Website
  4. RPay

    Cross-border money transfer and exchange solution for individuals

    Cryptocurrencies
    Website
  5. Remitout

    Platform to send money out of India

    Digital remittance
    See in list

NRI banking, savings & lending apps

International banking, savings and loan apps for NRIs and migrants.

  1. Vance

    Internet first bank offering international banking solutions for NRI

    Banking tech
    See in list
  2. HiWiPay

    Provider of cross-border payment solutions

    Payments
    See in list
  3. HURU

    App-based platform for goal-based saving management, bill payments, remittances, and salary advances

    Digital remittance
    Website
  4. ThoughtBox

    Online platform offering technical solutions for the e-remittance and e-payment

    Cybersecurity
    See in list
  5. LeRemitt

    Provider of AI-powered solutions for cross-border trade

    Alternative lending
    See in list

Digital remittance startups in India

Newer digital remittance startups based in India.

  1. Xflow

    Provider of infrastructure for processing and managing cross border payments

    Payments
    See in list
  2. Payallmoney

    Cross-border payment solution for businesses and individuals

    Digital remittance
    Website
  3. BriskPe

    Provider of international payment solutions for businesses and service professionals

    Digital remittance
    See in list
  4. Vance

    Internet first bank offering international banking solutions for NRI

    Banking tech
    See in list
  5. Mulya

    Provider of cross-border money transfer solution for businesses

    Digital remittance
    See in list
18 companies in India

Digital remittance companies hiring in India

Companies in India with open roles right now.

  1. Flyremit

    Provider of digital platform for managing international outward remittance payments

    Digital remittance
    See in list
  2. Remitap

    Wallet for cross-border money transfers

    Digital remittance
    See in list
  3. EximPe

    Platform that simplifies international trade payments for businesses by offering a seamless cross-border payment system

    Payments
    See in list
  4. HURU

    App-based platform for goal-based saving management, bill payments, remittances, and salary advances

    Digital remittance
    Website
4 companies in India
Mobile reach

Top 10 digital remittance apps from India

The most-installed Android apps published by digital remittance companies headquartered in India — 1.1M installs between them. 15 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

International Top-up &Recharge

by AReOn

Installs380K
Rating4.343K ratings
Installs, year on year+11%
Last updatedApr 2026
View on Google Play ↗
International Top-up &Recharge screenshot 1International Top-up &Recharge screenshot 2International Top-up &Recharge screenshot 3International Top-up &Recharge screenshot 4International Top-up &Recharge screenshot 5International Top-up &Recharge screenshot 6
2

Huru: Zero Balance UAE Account

by HURU

Installs237K
Rating4.52K ratings
Installs, year on year+160%
Last updatedJun 2026
View on Google Play ↗
Huru: Zero Balance UAE Account screenshot 1Huru: Zero Balance UAE Account screenshot 2Huru: Zero Balance UAE Account screenshot 3Huru: Zero Balance UAE Account screenshot 4Huru: Zero Balance UAE Account screenshot 5Huru: Zero Balance UAE Account screenshot 6
3

DSewa

by D-Sewa

Installs228K
Rating4.563K ratings
Last updatedMay 2026
View on Google Play ↗
DSewa screenshot 1DSewa screenshot 2DSewa screenshot 3DSewa screenshot 4DSewa screenshot 5DSewa screenshot 6
4

Unimoni Oman

by Unimoni

Installs148K
Rating3.86639 ratings
Installs, year on year+40%
Last updatedFeb 2026
View on Google Play ↗
Unimoni Oman screenshot 1Unimoni Oman screenshot 2Unimoni Oman screenshot 3Unimoni Oman screenshot 4Unimoni Oman screenshot 5Unimoni Oman screenshot 6
5

Mony: UPI for Tourists & NRIs

by MONYY

Installs71K
Rating4.242K ratings
Last updatedMay 2026
View on Google Play ↗
Mony: UPI for Tourists & NRIs screenshot 1Mony: UPI for Tourists & NRIs screenshot 2Mony: UPI for Tourists & NRIs screenshot 3Mony: UPI for Tourists & NRIs screenshot 4Mony: UPI for Tourists & NRIs screenshot 5Mony: UPI for Tourists & NRIs screenshot 6
6

Al Mirqab Remit

by ThoughtBox

Installs32K
Rating—
Last updatedMar 2026
View on Google Play ↗
Al Mirqab Remit screenshot 1Al Mirqab Remit screenshot 2Al Mirqab Remit screenshot 3
7

Frex

by Frex

Installs12K
Rating4.1968 ratings
Last updatedMay 2026
View on Google Play ↗
Frex screenshot 1Frex screenshot 2Frex screenshot 3Frex screenshot 4
9

PandaMoney–Send Money Globally

by PandaMoney

Installs11K
Rating—
Last updatedMay 2026
View on Google Play ↗
PandaMoney–Send Money Globally screenshot 1PandaMoney–Send Money Globally screenshot 2PandaMoney–Send Money Globally screenshot 3PandaMoney–Send Money Globally screenshot 4PandaMoney–Send Money Globally screenshot 5PandaMoney–Send Money Globally screenshot 6
The business behind the activity

Digital remittance financials in India

Revenue, profit and growth from the filed annual accounts of 21 digital remittance companies in India for FY24-25 — 26 of the 83 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 74% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹302.94 cr

21 companies filing accounts

combined net profit−₹24.80 cr

-8.2% aggregate margin

are profitable57%

12 of 21 companies

median revenue~₹2.2 cr

the typical company

median revenue growth+8%

into FY24-25

earned by the top five74%

revenue concentration

Six-year view

Combined revenue of filing companies

₹2,168.53 crFY19-2014 filers
₹198.66 crFY20-2117 filers
₹682.85 crFY21-2220 filers
₹359.20 crFY22-2317 filers
₹292.88 crFY23-2421 filers
₹302.94 crFY24-2521 filers

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

Like-for-like

The same 16 companies over three years

-17%
FY22-23₹358.90 cr−₹17.90 cr net
FY23-24₹289.88 cr−₹8.31 cr net
FY24-25₹298.29 cr−₹4.29 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 cr520% profitable
₹1–10 cr757% profitable
₹10–100 cr978% profitable
₹100–1,000 cr0—
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

Shrinking8
0–20%5
20–50%4
50–100%0
Doubled+3

20 companies with accounts for both years; median growth +8%.

Profitability

Profit is concentrated at the top

12profitable
9loss-making
-8.2%aggregate margin
0.1%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
KarbonLIVQUIK TECHNOLOGY (INDIA) PRIVATE LIMITED+142%₹55.87 cr
FlyremitFLYREMIT PRIVATE LIMITED+116%₹14.59 cr
Fable FintechFABLE FINTECH PRIVATE LIMITED+38%₹24.47 cr
Daytona Systems IndiaDAYTONA SYSTEMS (INDIA) PRIVATE LIMITED+26%₹10.78 cr
XflowXFLOW PAYMENTS INDIA PRIVATE LIMITED+23%₹30.66 cr
Nium ForexINSTAREM INDIA PRIVATE LIMITED-0%₹46.19 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
XflowXFLOW PAYMENTS INDIA PRIVATE LIMITED12.8%₹30.66 cr
Daytona Systems IndiaDAYTONA SYSTEMS (INDIA) PRIVATE LIMITED9.3%₹10.78 cr
FlyremitFLYREMIT PRIVATE LIMITED8.7%₹14.59 cr
Nium ForexINSTAREM INDIA PRIVATE LIMITED6.4%₹46.19 cr
Xe Forex Bureau IndiaXE FOREX BUREAU INDIA PRIVATE LIMITED0.2%₹33.48 cr
Gems ForexGEMS FOREX PRIVATE LIMITED0.1%₹56.81 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Digital remittance15₹259.43 cr~₹2.4 cr60%-8.5%
Leaders

Largest digital remittance companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Gems ForexGEMS FOREX PRIVATE LIMITED₹56.81 cr₹7.04 lakh0.1%-32%
KarbonLIVQUIK TECHNOLOGY (INDIA) PRIVATE LIMITED₹55.87 cr−₹2.70 cr-4.8%+142%
Nium ForexINSTAREM INDIA PRIVATE LIMITED₹46.19 cr₹2.94 cr6.4%-0%
Xe Forex Bureau IndiaXE FOREX BUREAU INDIA PRIVATE LIMITED₹33.48 cr₹7.09 lakh0.2%-10%
XflowXFLOW PAYMENTS INDIA PRIVATE LIMITED₹30.66 cr₹3.91 cr12.8%+23%
Fable FintechFABLE FINTECH PRIVATE LIMITED₹24.47 cr−₹11.74 cr-48.0%+38%
Kalbro ForexKALBRO FOREX PRIVATE LIMITED₹0.77 lakh
FlyremitFLYREMIT PRIVATE LIMITED₹14.59 cr₹1.27 cr8.7%+116%
Daytona Systems IndiaDAYTONA SYSTEMS (INDIA) PRIVATE LIMITED₹10.78 cr₹1.01 cr9.3%+26%
RemitoutRemitout Service Private Limited₹2.44 cr₹1.80 lakh0.7%-16%
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

Accounting and Tax Software Industry Landscape of India

The financials above are one chapter. The full digital remittance landscape of India 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 digital remittance landscape of India
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

Digital remittance funding and M&A across India

38 recorded equity rounds have gone to 118 digital remittance companies in India — how much, at which stage, into which sub-sectors, from whom, and how India compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months3

US$22.66m

equity rounds, last 24 months4

US$24.66m

raised over five yearsUS$90.25m

22 rounds in India

M&A deals, India0

last 24 months

Capital by year

Equity funding into digital remittance in India

amount rounds
$230k20181
$431k20193
$4.2m20203
$23m20214
$21m20225
$13m20235
$8.1m20244
$8.1m20253
$17m20261

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$23.49m across 4 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$141k1 rounds · median US$141k
SeedUS$49.57m14 rounds · median US$1.62m
Series AUS$40.55m7 rounds · median US$3.63m
Where the money went · five years

Most-funded sub-sectors

Digital remittanceUS$48.92m13 rounds · 6 companies
PaymentsUS$40.08m8 rounds · 3 companies
Alternative lendingUS$1.25m1 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

Most active acquirers

    Most acquired or merged

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

      Digital remittance funding in India

      11 digital remittance companies in India have recorded equity funding, US$92.38m in total. Totals and round dates describe the historical record; they are not current valuations.

      Founders and momentum in India

      Meet the people behind digital remittance companies in India. 45 of 83 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

      Explore India digital remittance companies by sub-sector

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

      Keep exploring digital remittance in India and nearby markets.

      Coming soon