Radar · Payments in Bengaluru
Best Payments Companies in Bengaluru, India
The 196 best Payments companies in Bengaluru, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: PhonePe.
By Riya SenguptaFinancials
196companies tracked
$4.2Bdisclosed funding
5unicorns
83have raised
FLIAR INTELLIGENCE · PAYMENTS × BENGALURU
Our analysis of 50 Payments companies
$10.6b in tracked funding; 90% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2021.
50companies analysed
90%cloud-native stacks
2021funding peak (by rounds)
10unicorns
2017median founding year
4.4Mcombined LinkedIn audience
65%of audience held by top 3
3companies hiring publicly (12 mo)
Ranked: Best Payments companies in Bengaluru
| # | Company | Revenue | Disclosed funding | Last round | Revenue YoY | Tech stack | Web popularity | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | PhonePe 🦄 Provider of digital payment, financial, and technology solutions for consumers 84Customers top 13%Market top 18%Talent top 23%Moat top 25% All 14 signals ▾Customerstop 13% Markettop 18% Talenttop 23% Moattop 25% Techtop 29% Fundingtop 30% Growthtop 32% Producttop 32% Newstop 33% Partnerstop 33% Innovationtop 39% Fin. healthtop 40% Patentstop 48% Globalbottom 39% Customers: Play-Store rating 4.54★ across 14,461,508 ratings (2 apps) · Review volume +6% in 6 mo Market: 451 employees (top 10% of Payments) · Revenue ~$903M rank vs industry peers · Fliar Intelligence Index 84/100 | $903M FY2025 | $1.0B | 41 mo ago | +33% | SentryGSAPReact+18 | Top 50k | 1 launch · 1 award |
| 2 | Razorpay 🦄 Provider of payment and business banking solutions for enterprises 90Market top 16%Tech top 16%Moat top 17%Innovation top 19% All 12 signals ▾Markettop 16% Techtop 16% Moattop 17% Innovationtop 19% Fundingtop 26% Producttop 26% Customerstop 34% Fin. healthtop 36% Growthtop 37% Newstop 42% Talenttop 42% Globalbottom 45% Market: 1,952 employees (top 5% of Payments) · Revenue ~$465M Tech: 89 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 rank vs industry peers · Fliar Intelligence Index 90/100 | $465M FY2025 | $742M | 54 mo ago | +60% | SentryApple iCloud MailGoogle Workspace+32 | Top 10k | — |
| 3 | Navi 🦄 Provider of financial products including UPI, loans, insurance, and mutual funds 78Customers top 10%Moat top 17%Innovation top 20%Market top 21% All 12 signals ▾Customerstop 10% Moattop 17% Innovationtop 20% Markettop 21% Fundingtop 21% Techtop 29% Producttop 37% Talenttop 38% Newstop 45% Fin. healthbottom 49% Growthbottom 40% Globalbottom 32% Customers: Play-Store rating 4.47★ across 5,633,904 ratings (1 apps) · Marquee-customer mentions: top 17% of tracked companies Moat: Top 1% by revenue among 743 tracked Payments companies · Editorial + unicorn rating 8/10 rank vs industry peers · Fliar Intelligence Index 78/100 | $318M FY2025 | $427M | 10 mo ago | -4% | TypeScriptBootstrapAmazon Web Services+20 | Top 100k | 1 job opening · 2 awards |
| 4 | CRED 🦄 Fintech platform that rewards users for paying credit card bills on time 92Customers top 9%Funding top 15%Tech top 15%Fin. health top 16% All 13 signals ▾Customerstop 9% Fundingtop 15% Techtop 15% Fin. healthtop 16% Markettop 17% Moattop 17% Innovationtop 20% Producttop 26% Partnerstop 33% Talenttop 44% Growthtop 47% Newstop 47% Globalbottom 39% Customers: Play-Store rating 4.75★ across 2,962,978 ratings (2 apps) · Review volume +13% in 6 mo Funding: Raised $866M across 12 rounds · 12 rounds over 8 yrs (1.5/yr) rank vs industry peers · Fliar Intelligence Index 92/100 | $299M FY2024 | $866M | 2 mo ago | +67% | MediumApple iCloud MailGoogle Workspace+23 | Top 100k | — |
| 5 | Xoxoday Provider of rewards and loyalty platform that enables businesses to run employee engagement, customer… 74Tech top 18%Talent top 25%Funding top 30%Product top 32% All 12 signals ▾Techtop 18% Talenttop 25% Fundingtop 30% Producttop 32% Innovationtop 33% Fin. healthtop 33% Newstop 36% Markettop 46% Globaltop 46% Moattop 49% Customersbottom 49% Growthbottom 47% Tech: 82 technologies across 6/8 capability areas · Cloud: Amazon S3, Amazon Web Services Talent: Analyst team rating 4/5 · 5 named leaders on record rank vs industry peers · Fliar Intelligence Index 74/100 | $118M FY2025 | $31M | 5 mo ago | +12% | WebflowGhostNode.js+29 | Top 100k | — |
| 6 | Cashfree Payments Provider of payment gateway and payouts, and identity verification services 74Moat top 21%Innovation top 24%Market top 27%Funding top 30% All 12 signals ▾Moattop 21% Innovationtop 24% Markettop 27% Fundingtop 30% Techtop 30% Producttop 31% Talenttop 31% Newstop 43% Fin. healthbottom 47% Growthbottom 46% Globalbottom 45% Partnersbottom 43% Moat: Top 4% by revenue among 743 tracked Payments companies · Editorial + unicorn rating 8/10 Innovation: 10 new-product events in 24 mo rank vs industry peers · Fliar Intelligence Index 74/100 | $76M FY2025 | $44M | 16 mo ago | -1% | SentryZendeskApple iCloud Mail+32 | Top 50k | — |
| 7 | Juspay 🦄 Provider of payments infrastructure solutions 84Customers top 13%Fin. health top 23%Funding top 24%Market top 25% All 12 signals ▾Customerstop 13% Fin. healthtop 23% Fundingtop 24% Markettop 25% Moattop 25% Techtop 30% Producttop 30% Partnerstop 31% Talenttop 33% Newstop 34% Growthtop 38% Globalbottom 39% Customers: App rating 4.8★ (132,476 reviews) · Marquee-customer mentions: top 30% of tracked companies Fin. health: Revenue ~$63.8M (FY2025) · Net margin 13.0% rank vs industry peers · Fliar Intelligence Index 84/100 | $64M FY2025 | $88M | 4 mo ago | +55% | Cart FunctionalitySanityZoho+26 | Top 500k | 2 launchs · 6 partnerships |
| 8 | QwikCilver Provider of gift card and store value card-based solutions for businesses | $43M FY2022 | $23M | 124 mo ago | — | WordPressMySQLPHP+27 | Top 5M | — |
| 9 | StoreKing Provider of online supermarket services for small-town retailers 64Moat top 15%Tech top 25%Talent top 35%Funding top 36% All 10 signals ▾Moattop 15% Techtop 25% Talenttop 35% Fundingtop 36% Fin. healthtop 37% Markettop 38% Producttop 40% Growthbottom 43% Globalbottom 39% Newsbottom 27% Moat: Top 5% by revenue among 743 tracked Payments companies · Editorial + unicorn rating 7/10 Tech: 52 technologies across 6/8 capability areas · Cloud: Cloudflare rank vs industry peers · Fliar Intelligence Index 64/100 | $43M FY2025 | $45M | 25 mo ago | +45% | TypeScriptNode.jsZoho+23 | Top 10M | 3 job openings · 1 internship · 2 launchs |
| 10 | OLA Money Provider of digital financial products and services | $27M FY2025 | $27M | 72 mo ago | -14% | ZohoBootstrapAmazon Web Services+9 | Top 5M | — |
| 11 | Yethi Provider of quality assurance and testing automation services for banking and financial services industries 69Moat top 24%Fin. health top 35%Funding top 38%Growth top 38% All 11 signals ▾Moattop 24% Fin. healthtop 35% Fundingtop 38% Growthtop 38% Talenttop 38% Markettop 39% Innovationtop 39% Techtop 39% Producttop 43% Globalbottom 32% Newsbottom 18% Moat: Top 10% by revenue among 743 tracked Payments companies · Editorial + unicorn rating 5/10 Fin. health: Revenue ~$18.1M (FY2022) · Net margin 1.1% rank vs industry peers · Fliar Intelligence Index 69/100 | $18M FY2025 | $5M | 15 mo ago | +19% | ReactReact RouterEmotion+14 | Top 5M | 5 job openings |
| 12 | Innoviti Provider of payment and revenue assurance software for retail businesses 57Moat top 21%Funding top 24%Tech top 24%Product top 30% All 10 signals ▾Moattop 21% Fundingtop 24% Techtop 24% Producttop 30% Markettop 40% Newstop 40% Fin. healthbottom 46% Growthbottom 45% Talentbottom 41% Globalbottom 39% Moat: Top 4% by revenue among 176 tracked In Store Retail Tech companies · Editorial + unicorn rating 8/10 Funding: Raised $137M across 22 rounds · 22 rounds over 20 yrs (1.1/yr) rank vs industry peers · Fliar Intelligence Index 57/100 | $17M FY2025 | $137M | 3 mo ago | +32% | WordPress Block EditorElementorCart Functionality+29 | Top 5M | — |
| 13 | Uni Cards Provider of a gold rewards credit card program 64Moat top 24%Customers top 29%Market top 32%Funding top 32% All 11 signals ▾Moattop 24% Customerstop 29% Markettop 32% Fundingtop 32% Techtop 35% Growthtop 38% Talenttop 38% Productbottom 47% Newsbottom 46% Globalbottom 39% Fin. healthbottom 32% Moat: Top 12% by revenue among 743 tracked Payments companies · Editorial + unicorn rating 8/10 Customers: Play-Store rating 3.57★ across 191,152 ratings (1 apps) · Review volume +12% in 6 mo rank vs industry peers · Fliar Intelligence Index 64/100 | $11M FY2025 | $104M | 21 mo ago | -5% | TurbopackSentryNode.js+19 | Top 10k | — |
| 14 | Neokred Provider of profiling, payment, and privacy digital infrastructure solutions | $11M FY2025 | $1M | 15 mo ago | +124% | WebflowGSAPMatomo Analytics+16 | Top 5M | — |
| 15 | CheQ Provider of digital credit card bill payment and management services 60Growth top 22%Moat top 27%Funding top 37%Market top 42% All 11 signals ▾Growthtop 22% Moattop 27% Fundingtop 37% Markettop 42% Fin. healthtop 44% Talentbottom 49% Customersbottom 45% Techbottom 42% Productbottom 40% Globalbottom 37% Newsbottom 22% Growth: Headcount 57 → 77 (+35%) across vintages · Revenue +433% YoY Moat: Top 13% by revenue among 743 tracked Payments companies · Editorial + unicorn rating 7/10 rank vs industry peers · Fliar Intelligence Index 60/100 | $10M FY2025 | $18M | 24 mo ago | +433% | Framer SitesApple iCloud MailGoogle Workspace+13 | Top 5M | — |
| 16 | SuperPe Online platform offering cross-border payment solutions using credit cards | $8M FY2025 | $5M | 48 mo ago | — | TurbopackNode.jsTailwind CSS+11 | Top 5M | — |
| 17 | Setu Provider of APIs and platforms for data, KYC, and payments | $8M FY2025 | $18M | 74 mo ago | +86% | SentryZendeskNode.js+24 | Top 500k | 2 launchs |
| 18 | Karbon Provider of international payment and corporate expense management solutions 69Moat top 23%News top 27%Growth top 32%Innovation top 35% All 11 signals ▾Moattop 23% Newstop 27% Growthtop 32% Innovationtop 35% Fin. healthtop 36% Producttop 38% Fundingtop 41% Talenttop 41% Markettop 42% Techtop 46% Globalbottom 45% Moat: Top 5% by revenue among 22 tracked Digital Remittance companies · Editorial + unicorn rating 7/10 News: 5 BI events in 12 mo (of 40 tracked, 6 types) · +150% YoY rank vs industry peers · Fliar Intelligence Index 69/100 | $7M FY2025 | $30M | 49 mo ago | +142% | WordPress Site EditorWordPressMySQL+19 | Top 5M | 6 launchs |
| 19 | ToneTag Tech company that enables contactless and digital payments through proximity-based, IoT, and conversational… 42Moat top 30%Innovation top 34%Funding top 34%Product top 36% All 11 signals ▾Moattop 30% Innovationtop 34% Fundingtop 34% Producttop 36% Talenttop 38% Marketbottom 47% Techbottom 43% Newsbottom 40% Fin. healthbottom 40% Globalbottom 39% Growthbottom 34% Moat: Top 19% by revenue among 743 tracked Payments companies · Editorial + unicorn rating 7/10 Innovation: 12 product lines rank vs industry peers · Fliar Intelligence Index 42/100 | $6M FY2024 | $14M | 4 mo ago | — | WordPressMySQLPHP+21 | Top 5M | 2 launchs · 1 award |
| 20 | FamApp Provider of teen and adult spending accounts with UPI and card payments | $5M FY2025 | $43M | 60 mo ago | +86% | TurbopackSentryNode.js+15 | Top 500k | — |
| 21 | Pice Bill payment platform for businesses | $5M FY2025 | $2M | 20 mo ago | +369% | SentryNode.jsRadix UI+25 | Top 500k | — |
| 22 | Happay Provider of travel, expense, and payment management software for enterprises 45Moat top 27%Customers top 35%Tech top 37%Market top 39% All 10 signals ▾Moattop 27% Customerstop 35% Techtop 37% Markettop 39% Fundingtop 41% Producttop 44% Fin. healthtop 48% Globalbottom 37% Growthbottom 24% Newsbottom 21% Moat: Top 12% by revenue among 526 tracked Online Travel companies · Editorial + unicorn rating 6/10 Customers: Play-Store rating 3.76★ across 55,045 ratings (2 apps) rank vs industry peers · Fliar Intelligence Index 45/100 | $5M FY2025 | $22M | 73 mo ago | — | WordPressApple iCloud MailMySQL+39 | Top 1M | — |
| 23 | Ezetap Cloud-based mPOS software and hardware solutions for businesses | $5M FY2025 | $66M | 60 mo ago | +298% | PHPCodeIgniterBootstrap+16 | Top 5M | — |
| 24 | Scapia Provider of credit cards and a platform for travel bookings 64Growth top 21%Moat top 30%Funding top 31%News top 37% All 12 signals ▾Growthtop 21% Moattop 30% Fundingtop 31% Newstop 37% Techtop 38% Producttop 40% Innovationtop 41% Customerstop 45% Markettop 46% Talentbottom 49% Fin. healthbottom 45% Globalbottom 39% Growth: Headcount 52 → 83 (+60%) across vintages · Revenue +67% YoY Moat: Top 21% by revenue among 743 tracked Payments companies · Editorial + unicorn rating 7/10 rank vs industry peers · Fliar Intelligence Index 64/100 | $5M FY2025 | $32M | 1 mo ago | +67% | Amazon WebstoreTurbopackApple iCloud Mail+20 | Top 50k | 1 launch |
| 25 | TWID Provider of a platform for aggregating and redeeming reward points | $4M FY2025 | $18M | 46 mo ago | +24% | BootstrapAmazon Web ServicesCloudflare Rocket Loader+13 | Top 500k | — |
| 26 | PayGlocal Provider of cross-border payment solutions facilitating international commerce for businesses | $4M FY2025 | $17M | 48 mo ago | +72% | Node.jsTailwind CSSReact+18 | Top 500k | 1 launch |
| 27 | ZET Provider of credit score builder service | $4M FY2025 | $19M | 50 mo ago | -18% | Apple iCloud MailGoogle WorkspaceNode.js+17 | Top 500k | — |
| 28 | Rupifi Provider of B2B credit and checkout solutions for SMEs 27Moat top 28%Talent top 28%Funding top 37%Market bottom 47% All 10 signals ▾Moattop 28% Talenttop 28% Fundingtop 37% Marketbottom 47% Productbottom 47% Globalbottom 39% Techbottom 35% Growthbottom 32% Fin. healthbottom 26% Newsbottom 21% Moat: Top 26% by revenue among 743 tracked Payments companies · Editorial + unicorn rating 7/10 Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 27/100 | $3M FY2025 | $34M | 14 mo ago | -27% | SentryAmazon Web ServicesMicrosoft Clarity+6 | Top 5M | — |
| 29 | 42 Card Solutions Credit card solution provider for banks and other regulated financial institutions | $3M FY2025 | $3M | 29 mo ago | +56% | UbuntuYouTubeEmotion+5 | Top 50M | — |
| 30 | Maximize Online platform offering rewards, cashback, and exclusive offers on various transactions and purchases 50Talent top 28%Tech top 41%Market top 42%Growth top 45% All 8 signals ▾Talenttop 28% Techtop 41% Markettop 42% Growthtop 45% Fundingbottom 49% Productbottom 40% Globalbottom 36% Fin. healthbottom 34% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated Tech: 21 technologies across 5/8 capability areas · Cloud: Cloudflare rank vs industry peers · Fliar Intelligence Index 50/100 | $2M FY2025 | $1M | 9 mo ago | — | TurbopackNode.jsRadix UI+17 | Top 500k | — |
| 31 | Hyperface Provider of platform for launching and managing credit card programs | $2M FY2025 | $11M | 47 mo ago | +4% | WordPressMySQLPHP+17 | Top 5M | 1 launch |
| 32 | Kiwi Platform enabling UPI payments via credit cards 53Growth top 20%Talent top 28%Funding top 36%Moat top 39% All 9 signals ▾Growthtop 20% Talenttop 28% Fundingtop 36% Moattop 39% Techtop 44% Producttop 46% Marketbottom 44% Globalbottom 37% Fin. healthbottom 22% Growth: Headcount 25 → 45 (+80%) across vintages · Web rank 100,000 → 50,000 YoY Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 53/100 | $1M FY2025 | $19M | 10 mo ago | — | Node.jsUbuntuReact+14 | Top 50k | 1 internship · 1 partnership |
| 33 | Skydo Digital platform enabling businesses to receive payments from overseas businesses 55Growth top 27%Tech top 37%Talent top 38%News top 45% All 9 signals ▾Growthtop 27% Techtop 37% Talenttop 38% Newstop 45% Fundingtop 48% Moattop 50% Globalbottom 45% Marketbottom 42% Fin. healthbottom 42% Growth: Headcount 23 → 44 (+91%) across vintages · Revenue +303% YoY Tech: 30 technologies across 6/8 capability areas · Cloud: Amazon Web Services rank vs industry peers · Fliar Intelligence Index 55/100 | $1M FY2025 | $10M | 6 mo ago | +303% | Node.jsUbuntuTailwind CSS+19 | Top 500k | — |
| 34 | Xflow Provider of infrastructure for processing and managing cross border payments 69Growth top 17%News top 22%Talent top 28%Tech top 33% All 9 signals ▾Growthtop 17% Newstop 22% Talenttop 28% Techtop 33% Fundingtop 39% Moattop 39% Fin. healthtop 42% Globalbottom 43% Marketbottom 41% Growth: Headcount 31 → 42 (+35%) across vintages · Revenue +427% YoY News: 7 BI events in 12 mo (of 13 tracked, 3 types) · 3 high-value events (IPO/M&A/funding/contracts) in 12 mo rank vs industry peers · Fliar Intelligence Index 69/100 | $786K FY2025 | $16M | 3 mo ago | +427% | Builder.ioTurbopackEmotion+30 | Top 500k | — |
| 35 | Card91 Provider of platform enabling businesses to issue and manage payment instruments | $756K FY2025 | $14M | 54 mo ago | +11% | WordPressApple iCloud MailGoogle Workspace+28 | Top 10M | — |
| 36 | Obopay Mobile payment solutions for businesses | $696K FY2025 | $145M | 103 mo ago | +249% | WordPressZohoMySQL+23 | Top 10M | — |
| 37 | RUGR Provider of a banking platform for financial solutions 45Talent top 28%Growth top 35%Fin. health top 49%Tech bottom 46% All 7 signals ▾Talenttop 28% Growthtop 35% Fin. healthtop 49% Techbottom 46% Fundingbottom 44% Marketbottom 38% Globalbottom 34% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated Growth: Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 45/100 | $689K FY2025 | $5M | 8 mo ago | — | Node.jsUbuntuTailwind CSS+16 | Top 10M | — |
| 38 | Popclub Provider of UPI payment solutions and credit card based reward program 35Growth top 32%Funding top 38%Tech top 43%Moat top 45% All 9 signals ▾Growthtop 32% Fundingtop 38% Techtop 43% Moattop 45% Talentbottom 49% Productbottom 48% Globalbottom 39% Marketbottom 34% Fin. healthbottom 21% Growth: Web rank 1,000,000 → 5,000,000 YoY · App-install growth +91% YoY Funding: Raised $2.4M across 4 rounds · 4 rounds over 3 yrs (1.3/yr) rank vs industry peers · Fliar Intelligence Index 35/100 | $558K FY2025 | $2M | 12 mo ago | — | Node.jsUbuntuRadix UI+16 | Top 1M | 1 launch |
| 39 | RocketPay App-based recurring payment collection solutions for businesses 50Growth top 29%Talent top 35%Moat top 38%Tech top 43% All 9 signals ▾Growthtop 29% Talenttop 35% Moattop 38% Techtop 43% Fundingbottom 49% Productbottom 45% Fin. healthbottom 44% Globalbottom 36% Marketbottom 31% Growth: Revenue +356% YoY · App-install growth +23% YoY Talent: 4 named leaders on record rank vs industry peers · Fliar Intelligence Index 50/100 | $482K FY2025 | $2M | 19 mo ago | +356% | Node.jsReactNext.js+15 | Top 5M | — |
| 40 | Instamojo Provider of eCommerce platform, online store builder, and payment solutions | $469K FY2025 | $12M | 59 mo ago | -75% | WordPressMySQLPHP+27 | Top 100k | — |
| 41 | Niki Provider of an AI-based automated order-taking app for concierge services | $229K FY2025 | $11M | 69 mo ago | -61% | CaddyHTTP/3 | Top 50M | — |
| 42 | Infinity Provider of platform facilitating international payments for freelancers and startups | $199K FY2025 | $2M | 18 mo ago | — | FirebaseGoogle Sign-inTailwind CSS+16 | Top 5M | — |
| 43 | Cheq Provider of UPI payment wallet for foreign tourists and NRIs | $188K FY2025 | $10M | 33 mo ago | -57% | WordPressMySQLPHP+25 | Top 10M | — |
| 44 | Rio Fintech startup offering EMIs through credit payments on QRs over UPI | $117K FY2025 | $1M | 31 mo ago | +659% | WebflowAmazon Web Servicescore-js+14 | Top 5M | — |
| 45 | Glomopay A fintech company that provides a financial infrastructure for global businesses, enabling cross-border… | $57K FY2025 | $4M | 23 mo ago | +1635% | SentryTypeScriptFirebase+17 | Top 5M | 1 partnership |
| 46 | Pazy Accounts payables management software for businesses 50Growth top 17%Tech top 24%Talent top 38%Funding bottom 45% All 9 signals ▾Growthtop 17% Techtop 24% Talenttop 38% Fundingbottom 45% Productbottom 40% Moatbottom 40% Fin. healthbottom 38% Globalbottom 32% Marketbottom 28% Growth: Revenue +103240% YoY · Web rank 5,000,000 → 1,000,000 YoY Tech: 51 technologies across 6/8 capability areas · Cloud: Cloudflare rank vs industry peers · Fliar Intelligence Index 50/100 | $46K FY2025 | $698K | 11 mo ago | +103240% | WordPress Site EditorElementorWordPress+36 | Top 1M | — |
| 47 | Orbit Wallet NFC-enabled relodable prepaid card payment solution for individuals 37Growth top 21%Talent top 35%Tech top 49%Funding bottom 46% All 9 signals ▾Growthtop 21% Talenttop 35% Techtop 49% Fundingbottom 46% Productbottom 40% Fin. healthbottom 37% Moatbottom 35% Globalbottom 29% Marketbottom 15% Growth: Revenue +49965164% YoY · Fresh capital in last 24 mo Talent: 3 named leaders on record rank vs industry peers · Fliar Intelligence Index 37/100 | $18K FY2025 | $204K | 3 mo ago | +49965164% | ReactReact RouterGSAP+11 | Top 10M | — |
| 48 | Converj Provider of a card and platform for managing business payments | $6K FY2025 | $3M | 40 mo ago | -86% | — | — | — |
| 49 | RentenPe Ecosystem that allows users to build and monitise their credit history through rentals 19Growth top 28%Tech top 41%Talent bottom 49%Funding bottom 43% All 9 signals ▾Growthtop 28% Techtop 41% Talentbottom 49% Fundingbottom 43% Productbottom 40% Globalbottom 30% Moatbottom 28% Marketbottom 14% Fin. healthbottom 8% Growth: Web rank 10,000,000 → 5,000,000 YoY · Fresh capital in last 24 mo Tech: 39 technologies across 4/8 capability areas · Cloud: Azure, Cloudflare rank vs industry peers · Fliar Intelligence Index 19/100 | $3K FY2024 | $2M | 10 mo ago | — | Windows ServerAnimate.cssBootstrap+28 | Top 5M | — |
| 50 | BuyForexOnline Online platform for forex prepaid cards & purchases | — | $25M | 74 mo ago | — | — | — | — |
Top 12 Payments companies in Bengaluru
#1
CRED 🦄Series G · Bengaluru, Karnataka · founded 2018 · 915 employees$865.6Mraised▾
CRED 🦄
Series G · Bengaluru, Karnataka · founded 2018 · 915 employees
Fintech platform that rewards users for paying credit card bills on time. It operates a members-only financial rewards platform focused on creditworthy users. The app primarily allows users to pay their credit card bills while earning rewards such as cashback, discount offers, and access to exclusive brand experiences. It also functions as a personal credit management tool. It helps users track multiple credit cards, monitor spending behavior, receive due-date reminders, and analyze credit score trends.
Fliar Intelligence Index™ 92how this company ranks against its industry peers
Customers
top 9%Funding
top 15%Tech
top 15%Fin. health
top 16%Market
top 17%Moat
top 17%Customers: Play-Store rating 4.75★ across 2,962,978 ratings (2 apps) · Review volume +13% in 6 mo · Marquee-customer mentions: top 6% of tracked companies
Funding: Raised $866M across 12 rounds · 12 rounds over 8 yrs (1.5/yr) · Last round Angel (Mar 2026)
Tech: 46 technologies across 7/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Devops: Envoy
Audience (LinkedIn): 598k LinkedIn followers — 13.6% of this cohort's audience
Funding rounds
- Mar 2026Angel$2M
- May 2025Series G$75M
- Jul 2024Unattributed$2.4K
- Jun 2022Series F$140M
Founders & team
Investors
RTP Global, Ribbit Capital, Gemini Investment Management, MVision, Future Shape, Credence Partners
Tech stack
Amazon CloudfrontAmazon S3Amazon SesAmazon Web ServicesApolloApple Icloud Mail
#2
Series E · Bengaluru, Karnataka · founded 2002 · 204 employees$137Mraised▾
Series E · Bengaluru, Karnataka · founded 2002 · 204 employees
Provider of payment and revenue assurance software for retail businesses. The company offers platforms for payment acceptance, revenue protection, and reconciliation. It provides a sales acceleration platform for mobile dealers, enabling inventory turnover and access to incentives. The business also offers a payment collection application for merchants to accept payments without point-of-sale systems.
Fliar Intelligence Index™ 57how this company ranks against its industry peers
Moat
top 21%Funding
top 24%Tech
top 24%Product
top 30%Market
top 40%News
top 40%Moat: Top 4% by revenue among 176 tracked In Store Retail Tech companies · Editorial + unicorn rating 8/10 · Soonicorn
Funding: Raised $137M across 22 rounds · 22 rounds over 20 yrs (1.1/yr) · Last round Series E (Feb 2026)
Tech: 54 technologies across 6/8 capability areas · Cloud: Cloudflare · Devops: Nginx
Audience (LinkedIn): 33k LinkedIn followers
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- Feb 2026Series E$11.4M
- Nov 2025Series E$902.3K
- Feb 2025Series E$5.3M
- Aug 2024Conventional Debt—
Founders & team
Investors
Titan Company, Krishnan Consulting, Calderstone, Masterkey Holdings, Aurora Borealis Consulting, Providence Investment Company
Tech stack
AdjustAmchartsApache Http ServerBootstrapCart FunctionalityCdnjs
#3
Series C · Bengaluru, Karnataka · founded 2022 · 83 employees$32.1Mraised▾
Series C · Bengaluru, Karnataka · founded 2022 · 83 employees
Provider of credit cards and a platform for travel bookings. The platform facilitates rewards on card spends across various merchants. It also allows users to book stays, flights, buses, and trains. The credit cards offer benefits such as lounge access and zero forex markup.
Fliar Intelligence Index™ 64how this company ranks against its industry peers
Growth
top 21%Moat
top 30%Funding
top 31%News
top 37%Tech
top 38%Product
top 40%Growth: Headcount 52 → 83 (+60%) across vintages · Revenue +67% YoY · Web rank 500,000 → 50,000 YoY
Moat: Top 21% by revenue among 743 tracked Payments companies · Editorial + unicorn rating 7/10 · Soonicorn
Funding: Raised $32.1M across 4 rounds · 4 rounds over 4 yrs (1.0/yr) · Last round Series C (May 2026)
Audience (LinkedIn): 72k LinkedIn followers
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
- May 2026Series C$63M
- Apr 2025Series B$40M
- Nov 2023Series A$23M
- Jun 2022Seed$9.1M
Founders & team
Investors
Tanglin Venture Partners, Z47, Three State Capital, Elevation Capital, Peak XV Partners, 3 State Ventures
Tech stack
Amazon AdvertisingAmazon CloudfrontAmazon Web ServicesAmazon WebstoreApple Icloud MailCloudinary
#4
Juspay 🦄Series D · Bengaluru, Karnataka · founded 2012 · 969 employees$88Mraised▾
Juspay 🦄
Series D · Bengaluru, Karnataka · founded 2012 · 969 employees
Provider of payments infrastructure solutions. It a leading multinational payments technology company, powering superior conversion rates, seamless customer experiences, cost optimization, and fraud reduction at scale for 500+ top global enterprises and banks. Founded in 2012, the company processes over 300 million daily transactions, exceeding an annualized total payment volume (TPV) of $1 trillion with 99.999% reliability. Headquartered in Bangalore, India, Juspay’s global network of 1,500+ payment experts operates across Dubai, Dublin, San Francisco, São Paulo, and Singapore.
Fliar Intelligence Index™ 84how this company ranks against its industry peers
Customers
top 13%Fin. health
top 23%Funding
top 24%Market
top 25%Moat
top 25%Tech
top 30%Customers: App rating 4.8★ (132,476 reviews) · Marquee-customer mentions: top 30% of tracked companies
Fin. health: Revenue ~$63.8M (FY2025) · Net margin 13.0% · Revenue +55% YoY
Funding: Raised $88.0M across 5 rounds · 5 rounds over 11 yrs (0.5/yr) · Last round Series D (Jan 2026)
Audience (LinkedIn): 255k LinkedIn followers — 5.8% of this cohort's audience
Activity (LinkedIn): 2 product launches · 6 partnerships (incl. Buddy by Breeze) announced in 12 mo
Funding rounds
- Jan 2026Series D$28M
- Apr 2025Series D$45M
- Dec 2021Series C$60M
- Mar 2020Series B$21.6M
Founders & team
Investors
VEF, Wellington, Accel, SoftBank Vision Fund, Kedaara, WestBridge Capital
Tech stack
Amazon CloudfrontAmazon PayAmazon S3Amazon SesAmazon Web ServicesAstro
#5
Navi 🦄Series B · Bengaluru, Karnataka · founded 2012 · 698 employees$427.3Mraised▾
Navi 🦄
Series B · Bengaluru, Karnataka · founded 2012 · 698 employees
Provider of financial products including UPI, loans, insurance, and mutual funds. The company facilitates payments, investments, and access to credit and coverage options. It offers tools for managing finances and planning investments. The platform provides options for individuals seeking loans, insurance coverage, and investment opportunities. It aims to simplify financial processes through its application.
Fliar Intelligence Index™ 78how this company ranks against its industry peers
Customers
top 10%Moat
top 17%Innovation
top 20%Market
top 21%Funding
top 21%Tech
top 29%Customers: Play-Store rating 4.47★ across 5,633,904 ratings (1 apps) · Marquee-customer mentions: top 17% of tracked companies
Moat: Top 1% by revenue among 743 tracked Payments companies · Editorial + unicorn rating 8/10 · Unicorn
Innovation: 6 new-product events in 24 mo · Deep-tech classification: Blockchain
Audience (LinkedIn): 736k LinkedIn followers — 16.7% of this cohort's audience
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: data teams
Activity (LinkedIn): 2 awards announced in 12 mo
Funding rounds
- Jul 2025Conventional Debt$20M
- May 2024Convertible Debt$18M
- Nov 2020Angel$33.9K
- Apr 2020Series B$26.9M
Founders & team
Investors
Gaja Capital, PhillipCapital, NDX Financial Services, Arpee Group, Ambit, Grey Grass India
Tech stack
Amazon S3Amazon SesAmazon Web ServicesCloudflareCore-JsEmotion
#6
Series C · Bengaluru, Karnataka · founded 2012 · 269 employees$30.6Mraised▾
Series C · Bengaluru, Karnataka · founded 2012 · 269 employees
Provider of rewards and loyalty platform that enables businesses to run employee engagement, customer loyalty, and incentive programs. It provides tools to create and manage rewards, recognition, and payout workflows across use cases such as employee engagement, sales incentives, customer loyalty, and channel partner programs. It offers a global rewards marketplace with millions of redemption options across multiple countries, currencies, and languages. It supports flexible deployment, enterprise-grade security, and integrations with widely used business systems such as HR, CRM, collaboration, and marketing automation tools.
Fliar Intelligence Index™ 74how this company ranks against its industry peers
Tech
top 18%Talent
top 25%Funding
top 30%Product
top 32%Innovation
top 33%Fin. health
top 33%Tech: 82 technologies across 6/8 capability areas · Cloud: Amazon S3, Amazon Web Services · Devops: Varnish
Talent: Analyst team rating 4/5 · 5 named leaders on record · 5 C-suite/founder profiles curated
Funding: Raised $30.6M across 5 rounds · 5 rounds over 13 yrs (0.4/yr) · Last round Series C (Jan 2026)
Audience (LinkedIn): 72k LinkedIn followers
Funding rounds
- Jan 2026Series C—
- Feb 2025Series B$70M
- Feb 2022Series A$30M
- Oct 2016Seed$465.6K
Founders & team
Investors
Mahindra, Giift, Apis Partners, 57 Stars, Shiksha Infotech, GSD Venture Studios
Tech stack
Amazon S3Amazon Web ServicesAngularjsBabelBootstrapCart Functionality
#7
Series B · Bengaluru, Karnataka · founded 2013 · 64 employees$14.4Mraised▾
Series B · Bengaluru, Karnataka · founded 2013 · 64 employees
Tech company that enables contactless and digital payments through proximity-based, IoT, and conversational payment solutions. It develops proximity-based payment systems, IoT-enabled payment solutions, and conversational or contextual payment technologies that allow users to complete transactions without traditional card or cash-based methods. It is designed to integrate with banks, fintech companies, merchants, and digital wallets, enabling seamless and secure payment experiences across physical and digital environments.
Fliar Intelligence Index™ 42how this company ranks against its industry peers
Moat
top 30%Innovation
top 34%Funding
top 34%Product
top 36%Talent
top 38%Market
bottom 47%Moat: Top 19% by revenue among 743 tracked Payments companies · Editorial + unicorn rating 7/10 · Soonicorn
Innovation: 12 product lines
Funding: Raised $14.4M across 9 rounds · 9 rounds over 12 yrs (0.8/yr) · Last round Series B (Feb 2026)
Audience (LinkedIn): 13k LinkedIn followers
Activity (LinkedIn): 2 product launches · 1 awards announced in 12 mo
Funding rounds
- Feb 2026Series B$5M
- Feb 2025Series B$19.8M
- Nov 2023Series B$769.9K
- Feb 2023Series B$194.7K
Founders & team
Investors
Tropical Star, Reliance Venture Asset Management, Amazon, Mastercard, 3one4 Capital, Amansa Capital
Tech stack
Apache Http ServerCore-JsElementorFont AwesomeGodaddyGoogle Analytics
#8
Series A · Bengaluru, Karnataka · founded 2021 · 42 employees$16.2Mraised▾
Series A · Bengaluru, Karnataka · founded 2021 · 42 employees
Provider of infrastructure for processing and managing cross border payments. This service facilitates the collection of foreign currency funds through virtual accounts and automated invoicing systems. It enables the integration of payment capabilities into existing platforms via application programming interfaces. The system handles compliance documentation and regulatory requirements for international transactions. It supports the conversion of funds and provides tools for tracking financial movements.
Fliar Intelligence Index™ 69how this company ranks against its industry peers
Growth
top 17%News
top 22%Talent
top 28%Tech
top 33%Funding
top 39%Moat
top 39%Growth: Headcount 31 → 42 (+35%) across vintages · Revenue +427% YoY · Web rank 5,000,000 → 500,000 YoY
News: 7 BI events in 12 mo (of 13 tracked, 3 types) · 3 high-value events (IPO/M&A/funding/contracts) in 12 mo · Top themes: Funding, Capital raise, Regulatory
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Audience (LinkedIn): 9k LinkedIn followers
Funding rounds
- Feb 2026Series A$16.6M
- May 2023Seed$10.2M
- Oct 2021Seed$6M
Founders & team
Investors
General Catalyst, Moore Strategic Ventures, Lightspeed, Square Peg Ventures, Stripe, Titan Capital
Tech stack
Amazon CloudfrontAmazon SesAmazon Web ServicesBuilder.IoCloudflareCloudflare Bot Management
#9
Series A · Bengaluru, Karnataka · founded 2022 · 44 employees$10Mraised▾
Series A · Bengaluru, Karnataka · founded 2022 · 44 employees
Digital platform enabling businesses to receive payments from overseas businesses. It offers a platform to receive international payments with real-time payment tracking. It provides cross-border B2B payments to forex charges for businesses.
Fliar Intelligence Index™ 55how this company ranks against its industry peers
Growth
top 27%Tech
top 37%Talent
top 38%News
top 45%Funding
top 48%Moat
top 50%Growth: Headcount 23 → 44 (+91%) across vintages · Revenue +303% YoY · Fresh capital in last 24 mo
Tech: 30 technologies across 6/8 capability areas · Cloud: Amazon Web Services · Devops: Nginx
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Audience (LinkedIn): 16k LinkedIn followers
Funding rounds
- Dec 2025Series A$10M
- Aug 2024Seed$5M
- Jun 2022Seed$5M
Founders & team
Investors
Elevation Capital, Eximius Ventures, Better Capital, SIG Venture Capital, Speciale Invest, Operators Studio
Tech stack
Amazon Web ServicesCore-JsEmotionFacebook PixelGoogle AnalyticsGoogle Sign-In
#10
Series B · Bengaluru, Karnataka · founded 2022 · 45 employees$19Mraised▾
Series B · Bengaluru, Karnataka · founded 2022 · 45 employees
Platform enabling UPI payments via credit cards. It offers service that allows users to make Unified Payments Interface (UPI) transactions using their credit cards. The platform provides virtual credit cards and facilitates scan-and-pay functionality, bank transfers, and payments to friends. It partners with banks to provide credit card-based UPI payment solutions. It can be used for services such as money transfer, merchant payments, QR payments, and more.
Fliar Intelligence Index™ 53how this company ranks against its industry peers
Growth
top 20%Talent
top 28%Funding
top 36%Moat
top 39%Tech
top 44%Product
top 46%Growth: Headcount 25 → 45 (+80%) across vintages · Web rank 100,000 → 50,000 YoY · App-install growth +125% YoY
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Funding: Raised $19.0M across 3 rounds · 3 rounds over 4 yrs (0.8/yr) · Last round Series B (Aug 2025)
Audience (LinkedIn): 17k LinkedIn followers
Activity (LinkedIn): 1 partnerships (incl. Phoenix National Bank) announced in 12 mo
Funding rounds
- Aug 2025Series B$24M
- Nov 2023Series A$13M
- Dec 2022Seed$6M
Founders & team
Investors
Nexus Venture Partners, Stellaris, Omidyar Network India, Vertex Ventures, Omidyar Network
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAws Certificate ManagerClevertapCore-Js
#11
Series A · Bengaluru, Karnataka · founded 2020 · 122 employees$34Mraised▾
Series A · Bengaluru, Karnataka · founded 2020 · 122 employees
Provider of B2B credit and checkout solutions for SMEs. It offers embedded credit options integrated into checkout flows, enabling businesses to extend net terms to customers. The platform facilitates split payments across various methods and provides automated reconciliation for payments and credit. It also offers scalable solutions for marketplaces, including instant payments and advanced analytics. The company aims to simplify B2B payments and improve working capital management for both businesses and their suppliers.
Fliar Intelligence Index™ 27how this company ranks against its industry peers
Moat
top 28%Talent
top 28%Funding
top 37%Market
bottom 47%Product
bottom 47%Global
bottom 39%Moat: Top 26% by revenue among 743 tracked Payments companies · Editorial + unicorn rating 7/10
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Funding: Raised $34.0M across 6 rounds · 6 rounds over 6 yrs (1.0/yr) · Last round Series A (Mar 2025)
Funding rounds
- Mar 2025Series A$2M
- Feb 2024Series A$97K
- Mar 2022Venture Debt$8M
- Jan 2022Series A$28M
Founders & team
Investors
Better Capital, Xoogler, QED Innovation Labs, MyAsiaVc, Hidecor, Sajid Rahman
Tech stack
Amazon CloudfrontAmazon S3Amazon SesAmazon Web ServicesCart FunctionalityGoogle Workspace
#12
Series A · Bengaluru, Karnataka · founded 2020 · 394 employees$104.2Mraised▾
Series A · Bengaluru, Karnataka · founded 2020 · 394 employees
Provider of a gold rewards credit card program. This program allows cardholders to earn 24K gold based on spending. Rewards are convertible to digital gold, which can then be exchanged for physical gold or cash. The card offers features such as zero forex markup fees on international transactions and no annual fees. The application process is designed to be quick and paperless.
Fliar Intelligence Index™ 64how this company ranks against its industry peers
Moat
top 24%Customers
top 29%Market
top 32%Funding
top 32%Tech
top 35%Growth
top 38%Moat: Top 12% by revenue among 743 tracked Payments companies · Editorial + unicorn rating 8/10 · Soonicorn
Customers: Play-Store rating 3.57★ across 191,152 ratings (1 apps) · Review volume +12% in 6 mo · Marquee-customer mentions: top 13% of tracked companies
Market: 394 employees (top 17% of Fintech) · Revenue ~$11.3M · Top 12% by revenue among 743 tracked Payments peers
Audience (LinkedIn): 82k LinkedIn followers
Funding rounds
- Sep 2024Series A$2.4M
- Feb 2024Series A$7.7M
- Jun 2022Venture Debt$6.4M
- Dec 2021Series A$75M
Founders & team
Investors
Stride Ventures, General Catalyst, Eight Roads Ventures, Elevation Capital, Arbor Ventures, Accel
Tech stack
Amazon CloudfrontAmazon S3Amazon SesAmazon Web ServicesAws Certificate ManagerChakra Ui
Funding & investor landscape
$4.2Btotal disclosed funding
81companies funded
273disclosed rounds
2rounds last 90 days
Most active investors
QED Innovation Labs7 rounds
Notable founders
Kunal Shah
Founder & CEO · CRED
Rajeev Agrawal
Founder & CEO · Innoviti
Anil Goteti
Founder & CEO · Scapia
Sheetal Lalwani
Co-Founder & COO · Juspay
Vivekananthamoorthy Vimalkumar
Co-Founder & CEO · Juspay
Ankit Agarwal
Co-Founder & CFO · Navi
Sachin Bansal
Co-Founder & Managing Director · Navi
Abhimanyu Choudhary
Co-Founder · Xoxoday
Kushal Agrawal
Co-Founder · Xoxoday
Kumar Abhishek
Co-Founder & CEO · ToneTag
Vivek Singh
Co-Founder & Director Labs · ToneTag
Ashwin Bhatnagar
Co-Founder & CEO · Xflow
Prism market signals · India · country-scoped Prism corpus, 245,398 docs
Market landscape — 10 sub-themes by coverage
Share of Payments coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH FROM Bengaluru · institutions
What Bengaluru researches in digital payments
IIIT-B, IIM-B, and IISc Bengaluru research digital payments with a focus on FinTech and technology adoption, maintaining a cautiously optimistic stance amid notable concern-flagging.
20 papersstance +0.3940% breakthrough35% concern
local research themes
FinTech, Crowdfunding, Digital FinanceTechnology Adoption and User BehaviourDigital Platforms and EconomicsICT Impact and PoliciesMicrofinance and Financial InclusionQR Code Applications and Technologies
top institutions
- International Institute of Information Technology Bangalore12
- Indian Institute of Management Bangalore3
- Indian Institute of Science Bangalore3
- Bangalore University2
PATENT MOMENTUM · Bengaluru
Who's building digital payments IP in Bengaluru
Ezetap Mobile Solutions and Little Fun World jointly lead Bengaluru's digital-payments patent activity, with filings remaining flat across the two recorded years.
5 patents3 companiespeak 1/yr
filing momentum (YoY)
top patenters
- Ezetap Mobile Solutions2Bangalore
- Little Fun World2Bengaluru
- Infosys1Bengaluru
Common questions
How many Payments companies are there in Bengaluru, India?
Radar tracks 196 indexable Payments companies headquartered in Bengaluru, India, India, that meet our profile-completeness bar.
What is the total funding raised by Payments companies in Bengaluru, India?
The Payments companies in Bengaluru, India on this list have raised a combined $4.2B in disclosed equity funding across 81 funded companies.
Which is the highest-funded Payments company in Bengaluru, India?
PhonePe is the highest-funded Payments company in Bengaluru, India, with $1B in disclosed equity funding.
How many Payments companies in Bengaluru, India are funded?
81 of the 196 Payments companies in Bengaluru, India on this list have disclosed at least one equity funding round.
How many Payments unicorns are there in Bengaluru, India?
5 Payments companies in Bengaluru, India on this list are valued at $1B or more.
Who are the top investors in Bengaluru, India Payments companies?
The most active investors in Bengaluru, India Payments companies on this list include Y Combinator, Angel List, Beenext, QED Innovation Labs, Better Capital.
Riya SenguptaFinancials
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.