SaaS Fintech · Chennai, India

Best SaaS Fintech Companies in Chennai

Updated 2026-06-15 · Ranked by funding & momentum

108 indexable SaaS Fintech companies headquartered in Chennai, India, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $227.6M across 15 funded companies.

108
Companies
$227.6M
Total Funding
15
Funded
0
Unicorns
0
Rounds (90d)

Ranked: Best SaaS Fintech companies in Chennai

#CompanyFundingValuationStage Latest roundEmployeesFoundedMomentum
1 Vortex Engineering
Manufacturer of ATM
$24M $22.6M
as of 2011
Series D Series D Dec 2023 313 2001
2 FSS
Provider of payment technology solutions for card issuance and management
$127M $267M
as of 2014
Series C Series C Oct 2014 2,221 1991
3 Ramco
Provider of enterprise resource planning, payroll, and logistics software solutions
$52M Public Post IPO May 2015 1,596 1997
4 Prizm Payment Services
Provider of ATM, POS & card services for banks and other financial industries
$15M Acquired Series B Aug 2011 1,429 2008
5 Hypto
Tech infrastructure for developers to power new financial use-cases
$3.1M $11.3M
as of 2021
Seed Seed Jun 2021 19 2018
6 Backspace Tech
Developer of unified dispute management software for payment processing
$450K $3.3M
as of 2022
Seed Seed Jul 2022 17 2020
7 Clayfin
Provider of digital banking platforms and omnichannel customer experience solutions
$4.4M $10.6M
as of 2015
Seed Seed Apr 2015 219 2009
8 QPay India
Digital payments and online checkout solutions
$751.4K $1.8M
as of 2020
Seed Angel Jul 2020 2013
9 Vanghee
Digital bank for businesses
$212.1K $1.6M
as of 2021
Seed Angel Oct 2021 37 2016
10 Fintuple
Investor portfolio management platform for individuals
$116.9K $1.6M
as of 2020
Acquired Angel Jun 2020 42 2018
11 Prudent AI
AI-driven audit automation platform
$116.9K Seed Angel May 2020 38 2016
12 Vyakya
AI-based risk monitoring and data management solutions for accountants
$116.9K $258.1K
as of 2020
Seed Angel May 2020 38 2012
13 OGS Paylab
Modular solutions for financial institutions
$175.9K $3.7M
as of 2012
Acquired Angel Nov 2012 25 2008
14 nesh.live
Offers cloud-based fleet intelligence platform for businesses
$115.2K $324.1K
as of 2018
Seed Angel Feb 2018 1,105 2012
15 PaperVC
Platform that tracks startups for private market investing
$107.6K $1M
as of 2018
Deadpooled Seed Jul 2018 5 2016
16 InRisk
Cloud-based insurance product customisation and claims monitoring solutions
Seed Seed Jan 2025 2023 ↑ Active
17 Intain
Provider of an AI and blockchain-based end-to-end financial solution for enterprises
Seed Seed 2018 40 2018
18 1myPOS
Provider of billing software for retail business
Unfunded 2018
19 Accpol
Web-based accounting solution
Unfunded 1995
20 Actionboard
Cloud based solutions for financial data tracking and receivables management
Funding Raised 25 2016
21 AlgoBrains
Invoicing and tax management solution for SMBs
Unfunded 1 2016
22 ArielPOS
Cloud-based billing solution
Deadpooled 2016
23 Ark Solutionz
Provider of core banking, digital, and AI solutions for financial institutions
Unfunded 2017
24 AuroMine Solution
Cloud-based POS solution for offline retailers
Unfunded 14 2009
25 Base60AML
Cloud-hosted Anti Money Laundering software
Unfunded 1997
26 Bass PRIS
Cloud-hosted payroll management solution
Unfunded 2011
27 BCT Digital
AI-enabled risk management solutions for financial institutions
Funding Raised 75 1999
28 Billeze
Invoice management software
Unfunded 2017
29 CEM Business Solutions
Accounting & ERP software solutions
Funding Raised 16 2003
30 DataTracks
Platform that offers cloud based solutions
Funding Raised 2005
31 Ebs.in
Payment gateway company
Acquired 430 2005
32 Encore Theme Technologies
Core business software solutions for banks and financial institutions
Acquired 53 2006
33 ExpenseOut
Provider of expense management software for businesses and their employees
Funding Raised 258 2012
34 Fast Facts
Provider of tax compliance and payroll management software solutions
Funding Raised 2005
35 Finforz Technologies Pvt. Ltd
Finance software development, IT outsourcing and services company
Unfunded 2021
36 Finserv
Fraud and risk management company
Unfunded 36 2008
37 Flexicode Technologies
Flexicode Technologies is an IT company that provides software solutions for banking and financial sectors.
26 2006
38 Fly Cash
Chat-based expense tracking app
Unfunded 62 2016
39 Fracsn
Real estate crowdfunding platform
Funding Raised 2016
40 GBooks
Cloud-based accounting and invoice management platform
Unfunded 2007
41 Go-DB
Enterprise Mobility Softwares
Unfunded 268 2000
42 HashBills
Accounting software for businesses
Deadpooled 2018
43 Hello India Solutions
Software solutions and services provider
Unfunded 2004
44 Hinote
Payroll management software solutions
Funding Raised 2005
45 Hisabing
SaaS invoicing and quotation management for SMEs
Unfunded 2013
46 iAPX
Provider of an AI-powered platform for accounts payable process automation
Unfunded 2023
47 iDarts
Developer of software delivering time-critical information for financial market participants
Unfunded 2005
48 IGCB
Software solutions for financial solutions
Unfunded 6,096 2011
49 Inforvio Technologies
Provider of front office software solutions for financial services organizations
Unfunded 2014
50 Intellect Design Arena
Developer of multiproduct platform for wholesale, consumer, and central banking
Public 6,118 1993

Top 12 SaaS Fintech companies in Chennai

#1
$24M Raised
expand_more
#1

Vortex Engineering Series D

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
#2
FSS Series C
$127M Raised
expand_more
#2

FSS Series C

location_onChennai, Tamil Nadu
Founded
1991
Employees
2,221
Funding raised
$127M
Valuation
$267M · 2014
Stage
Series C

Provider of payment technology solutions for card issuance and management. The company offers products for merchant acquiring, real-time payments, and reconciliation. It provides solutions for card lifecycle management, ATM operations, and enterprise transformation. The company also offers a low-code application development platform and an innovation hub.

Funding rounds (3 disclosed of 3)
Round Date Amount
Series C Oct 2014 $57M
Series B Dec 2009 $60M
Series A Jul 2008 $10M
Tech stack
animate.cssanime.jsaosbootstrapcdnjscloudflare+14
#3
Ramco Public
$52M Raised
expand_more
#3

Ramco Public

location_onChennai, Tamil Nadu
Founded
1997
Employees
1,596
Funding raised
$52M
Stage
Public

Provider of enterprise resource planning, payroll, and logistics software solutions. The company offers software for aviation maintenance, defense asset management, and fleet management. It provides solutions for finance, supply chain, project, and facility management. The company’s offerings also include transport management, warehouse management, and fleet management software. It serves industries such as aviatio

Funding rounds (1 disclosed of 1)
Round Date Amount
Post IPO May 2015 $52M
Tech stack
amazon s3amazon sesamazon web servicesapple icloud mailatlassian jirabackbone.js+14
#4
$15M Raised
expand_more
#4

Prizm Payment Services Acquired

location_onChennai, Tamil Nadu
Founded
2008
Employees
1,429
Funding raised
$15M
Stage
Acquired

Provider of ATM, POS & card services for banks and other financial industries

Funding rounds (2 disclosed of 2)
Round Date Amount
Series B Aug 2011 $8M
Series A 2008 $7M
Founders & key people
#5
Hypto Seed
$3.1M Raised
expand_more
#5

Hypto Seed

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
#6
$450K Raised
expand_more
#6

Backspace Tech Seed

location_onChennai, Tamil Nadu
Founded
2020
Employees
17
Funding raised
$450K
Valuation
$3.3M · 2022
Stage
Seed

Developer of unified dispute management software for payment processing. The platform streamlines chargeback and dispute resolution processes. It offers features such as smart automation, configurable workflows, and real-time tracking. The software integrates with card networks, merchants, and payment service providers. It also provides AI-powered case assignment.

Funding rounds (1 disclosed of 1)
Round Date Amount
Seed Jul 2022 $450K
#7
Clayfin Seed
$4.4M Raised
expand_more
#7

Clayfin Seed

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
#8
QPay India Seed
$751.4K Raised
expand_more
#8

QPay India Seed

location_onChennai, Tamil Nadu
Founded
2013
Funding raised
$751.4K
Valuation
$1.8M · 2020
Stage
Seed

QPay India offers an online payment gateway for processing e-commerce transactions. Merchants receive payment in t+2 days of the transactions. The company also offers EMI payment options to consumers. Other features include fraud management, mobile checkout platform, reporting & analytics, and more.

Funding rounds (5 disclosed of 5)
Round Date Amount
Angel Jul 2020 $12.5K
Angel Apr 2019 $161.1K
Angel Jul 2017 $462.2K
Angel Mar 2016 $97.7K
Angel Aug 2015 $17.9K
Tech stack
apache http serverbootstrapcdnjscentoscloudflarecore-js+14
#9
Vanghee Seed
$212.1K Raised
expand_more
#9

Vanghee Seed

location_onChennai, Tamil Nadu
Founded
2016
Employees
37
Funding raised
$212.1K
Valuation
$1.6M · 2021
Stage
Seed

Digital bank for businesses. It offers business current accounts and also enables users can to link the traditional bank account with the platform. Allows users to upload bills and make bulk payments. Also offers bank reconciliation services for partner banks. Enables users to onboard beneficiaries, track payments and payables to vendors and communicate payment details to the beneficiaries.

Funding rounds (2 disclosed of 2)
Round Date Amount
Angel Oct 2021 $22.7K
Seed Mar 2021 $189.4K
Tech stack
angularbootstrapgodaddygoogle analyticsgoogle font apihsts+6
#10
Fintuple Acquired
$116.9K Raised
expand_more
#10

Fintuple Acquired

location_onChennai, Tamil Nadu
Founded
2018
Employees
42
Funding raised
$116.9K
Valuation
$1.6M · 2020
Stage
Acquired

Investor portfolio management platform for individuals. It features alternate fund data and insights for investment decision making. Offers tools for fund comparison, research, data analytics, reporting, portfolio analysis, performance measurement, and more. Offers strategy data and performance enhanced with analytics with the ability to compare and benchmark funds along with insights for portfolio construction, auto

Funding rounds (1 disclosed of 1)
Round Date Amount
Angel Jun 2020 $116.9K
Tech stack
cloudflaregoogle analyticsgoogle font apigoogle hosted librarieshstshttp/3+5
#11
Prudent AI Seed
$116.9K Raised
expand_more
#11

Prudent AI Seed

location_onChennai, Tamil Nadu
Founded
2016
Employees
38
Funding raised
$116.9K
Stage
Seed

Prudent is an AI-driven audit automation platform. It features audit bots to assist in financial diagnosis, scanning documents, risk assessment, and more. It offers auditing tools for procure-to-pay, order-to-cash, record-to-report, and payroll management. Enables accountants and auditors to adapt technical solutions for taxation, accounting, reporting, and audit functions.

Funding rounds (1 disclosed of 1)
Round Date Amount
Angel May 2020 $116.9K
Investors
Tech stack
apple icloud mailcdnjscloudflarecloudflare bot managementcontentsquarecookieyes+14
#12
Vyakya Seed
$116.9K Raised
expand_more
#12

Vyakya Seed

location_onChennai, Tamil Nadu
Founded
2012
Employees
38
Funding raised
$116.9K
Valuation
$258.1K · 2020
Stage
Seed

AI-based risk monitoring and data management solutions for accountants. It offers data handling models, workflow management, and data security for accounting firms. It features solutions for audit and tax management, bookkeeping, analytics strategy consulting, etc.

Funding rounds (1 disclosed of 2)
Round Date Amount
Angel May 2020 $116.9K
Seed Oct 2018 Undisclosed

Recent signals in Chennai SaaS Fintech

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Funding & investor landscape

Total raised
$227.6M
across these companies
Companies funded
15
with disclosed funding
Highest-funded
$127M raised

Most active investors

1S 10000 Startups 2 investments in SaaS Fintech AC Aavishkaar Capital 2 investments in SaaS Fintech AA Axilor Accelerator 2 investments in SaaS Fintech 3C 3one4 Capital 1 investment in SaaS Fintech A Agrya 1 investment in SaaS Fintech AL Alte Leipziger 1 investment in SaaS Fintech AC Amansa Capital 1 investment in SaaS Fintech A AngelList 1 investment in SaaS Fintech AI Atal-GreatLakes Balachandran Incubator 1 investment in SaaS Fintech AV Axilor Ventures 1 investment in SaaS Fintech AF Axis Mutual Fund 1 investment in SaaS Fintech BP Bamboo Capital Partners 1 investment in SaaS Fintech

Notable founders in Chennai SaaS Fintech

NM Nagaraj Mylandla Founder & Managing Director FSS · $127M raised
VB Viswanathan Balasubramanian CEO FSS · $127M raised
PR P R Raja Founder Ramco · $52M raised
R Raja Vice Chairman, Managing Director & CEO Ramco · $52M raised
SS Shyam Sunder Co-Founder Prizm Payment Services · $15M raised
TV Tholkappiyan Velavan Co-Founder, Cto Hypto · $3.1M raised
VV Vijayan Vishwanath Co-Founder & COO Backspace Tech · $450K raised
KV Karthick V Co-Founder & CTO Backspace Tech · $450K raised
PD Praveen Dev Co-Founder & CEO Backspace Tech · $450K raised
RI Ramaswamy Iyer Co-Founder & Director Clayfin · $4.4M raised

Frequently asked questions

How many SaaS Fintech companies are there in Chennai?
Radar tracks 108 indexable SaaS Fintech companies headquartered in Chennai, India, that meet our profile-completeness bar.
What is the total funding raised by SaaS Fintech companies in Chennai?
The SaaS Fintech companies in Chennai on this list have raised a combined $227.6M in disclosed equity funding across 15 funded companies.
Which is the highest-funded SaaS Fintech company in Chennai?
FSS is the highest-funded SaaS Fintech company in Chennai, with $127M in disclosed equity funding.
How many SaaS Fintech companies in Chennai are funded?
15 of the 108 SaaS Fintech companies in Chennai on this list have disclosed at least one equity funding round.
How many SaaS Fintech unicorns are there in Chennai?
None of the SaaS Fintech companies in Chennai on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Chennai SaaS Fintech companies?
The most active investors in Chennai SaaS Fintech companies on this list include 10000 Startups, Aavishkaar Capital, Axilor Accelerator, 3one4 Capital, Agrya.

Related company lists

Other sectors in Chennai:

SaaS Fintech in other cities:

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 2026-06-15.

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