Best Payments Companies in Chennai, India
The 63 best Payments companies in Chennai, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: M2P Fintech.
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.
Ranked: Best Payments companies in Chennai
| # | Company | Revenue | Disclosed funding | Employees | Founded | Tech stack | Web popularity | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | CAMSPay Diversified payment acceptance solution for businesses | $174M FY2025 | — | 6,407 | 2009 | PHPUbuntuCodeIgniter+14 | Top 5M | — |
| 2 | FSS Provider of payment technology solutions for card issuance and management 62Market top 20%Moat top 21%Global top 32%Funding top 35% All 10 signals ▾Markettop 20% Moattop 21% Globaltop 32% Fundingtop 35% Talenttop 38% Producttop 45% Fin. healthtop 47% Techbottom 49% Growthbottom 33% Newsbottom 32% Market: 2,221 employees (top 4% of SaaS) · Revenue ~$106M Moat: Top 3% by revenue among 743 tracked Payments companies · Editorial + unicorn rating 8/10 rank vs industry peers · Fliar Intelligence Index 62/100 | $106M FY2025 | $127M | 2,221 | 1991 | WordPressMySQLPHP+23 | Top 5M | 1 award |
| 3 | M2P Fintech Provider of APIs enabling banking, lending, and payment financial services 84Tech top 14%Funding top 20%Moat top 21%Market top 27% All 11 signals ▾Techtop 14% Fundingtop 20% Moattop 21% Markettop 27% Innovationtop 28% Producttop 29% Talenttop 31% Globaltop 42% Growthtop 43% Fin. healthtop 46% Newsbottom 40% Tech: 59 technologies across 7/8 capability areas · Cloud: Amazon S3, Amazon Ses Funding: Raised $183M across 11 rounds · 11 rounds over 6 yrs (1.8/yr) rank vs industry peers · Fliar Intelligence Index 84/100 | $63M FY2025 | $183M | 1,078 1,078 → 1,438 (+33%) · sector median +20% | 2014 | Apple iCloud MailMicrosoft 365TypeScript+26 | Top 5M | 1 partnership |
| 4 | Gild Card NFC-enabled credit card backed by fixed deposits and offering interest and gold rewards on spends | $61M FY2023 | — | 1,055 | 2021 | — | — | — |
| 5 | BankBazaar Online platform providing tools for comparing and applying for financial products 69Customers top 21%Moat top 22%Funding top 24%Market top 26% All 12 signals ▾Customerstop 21% Moattop 22% Fundingtop 24% Markettop 26% Talenttop 28% Producttop 29% Techtop 33% Innovationtop 39% Fin. healthtop 48% Globalbottom 39% Growthbottom 35% Newsbottom 27% Customers: Play-Store rating 4.42★ across 144,966 ratings (1 apps) · Review volume +2% in 6 mo Moat: Top 6% by revenue among 363 tracked Banking Tech companies · Editorial + unicorn rating 8/10 rank vs industry peers · Fliar Intelligence Index 69/100 | $30M FY2025 | $126M | 943 943 → 696 (-26%) · sector median +20% | 2008 | WordPressApple iCloud MailMicrosoft 365+24 | Top 5k | — |
| 6 | PAYBIZ B2B service provider offering a range of digital payment solutions | $9M FY2025 | — | — | 2019 | — | — | — |
| 7 | CredoPay Merchant acquirer payment processing solutions for businesses | $7M FY2025 | $10M | 106 106 → 120 (+13%) · sector median +20% | 2014 | WordPressMySQLPHP+11 | Top 10M | 1 partnership · 1 award |
| 8 | MRL Posnet Merchant acquiring solutions for merchants and businesses | $6M FY2024 | — | 145 | 2008 | — | — | — |
| 9 | iCashcard Provider of integrated logistics and supply chain solutions | $3M FY2018 | — | 110 | 2010 | — | — | — |
| 10 | iSolve CKYC Cloud based video identity verification process with AI facial match detection system | $2M FY2025 | — | 322 | 2017 | — | — | — |
| 11 | Easy4Dad School, college and training centre fees payment platform | $2M FY2023 | — | 14 | 2016 | — | — | — |
| 12 | CashLink Global Systems ATM and payment processing software solutions | $2M FY2025 | — | 88 | 2004 | Animate.cssBootstrapApache HTTP Server+13 | Top 10M | — |
| 13 | IppoPay Payment acceptance solution for businesses using QR codes and UPIs | $2M FY2025 | $2M | 244 244 → 312 (+28%) · sector median +20% | 2020 | — | — | — |
| 14 | IppoStack Banking API solutions for financial instituions | $2M FY2025 | — | 244 | 2021 | — | — | — |
| 15 | PeLocal Provider of payment solutions, digital transformation, and e-commerce integration 48Growth top 27%Talent top 38%Moat top 42%Tech top 50% All 10 signals ▾Growthtop 27% Talenttop 38% Moattop 42% Techtop 50% Productbottom 48% Fundingbottom 47% Fin. healthbottom 46% Newsbottom 43% Marketbottom 39% Globalbottom 32% Growth: Revenue +105% YoY · Fresh capital in last 24 mo Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 48/100 | $1M FY2025 | $1M | — | 2021 | Node.jsNext.jsReact+7 | Top 1M | 1 award |
| 16 | OGS Paylab Modular solutions for financial institutions | $1M FY2024 | $176K | 25 25 → 15 (-40%) · sector median +20% | 2008 | — | — | 1 partnership · 1 expansion |
| 17 | Mylapay Provider of payment processing and risk management solutions 50Growth top 23%Talent top 28%News top 34%Moat top 44% All 9 signals ▾Growthtop 23% Talenttop 28% Newstop 34% Moattop 44% Techtop 50% Fundingbottom 48% Fin. healthbottom 45% Marketbottom 38% Globalbottom 37% Growth: Headcount 19 → 56 (+195%) across vintages · Revenue +61% YoY Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 50/100 | $694K FY2025 | $737K | 56 56 → 110 (+96%) · sector median +20% | 2019 | Node.jsUbuntuTailwind CSS+9 | Top 10M | — |
| 18 | BeWo Techno Hardware and software-based terminal for the rural financial market | $486K FY2015 | $2M | 1 | 2010 | — | — | — |
| 19 | Komparify Provider of platform for digital coupons | $484K FY2025 | — | — | 2011 | RubyUbuntuGoogle Sign-in+14 | Top 100k | — |
| 20 | Tyche Payment gateway & POS solutions | $326K FY2025 | $3M | 21 | 2018 | Apache HTTP ServerjQueryMicrosoft 365+3 | Top 50M | — |
| 21 | Paysharp Provider of payment gateway services with flat pricing and UPI solutions | $271K FY2025 | $1M | 7 | 2019 | Amazon Web ServicesMicrosoft 365Amazon SES+5 | Top 5M | — |
| 22 | Nexdha Wallet-based payment solutions | $120K FY2022 | — | — | 2019 | Wix eCommerceWixSentry+13 | Top 50M | — |
| 23 | Demand Pay Provider of online payment solutions for cable TV industry | $115K FY2025 | — | — | 2017 | TurbopackNode.jsRadix UI+14 | Top 5M | — |
| 24 | QPay India Digital payments and online checkout solutions | $68K FY2025 | $751K | — | 2013 | PHPCentOSOpenSSL+16 | Top 10M | — |
Top 12 Payments companies in Chennai
#1
Series D · Chennai, Tamil Nadu · founded 2008 · 943 employees$125.7Mraised▾
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.
- Feb 2026Series D$441.4K
- Dec 2025Venture Debt$2.2M
- Apr 2025Series D$6.4M
- Oct 2024Series D$1.9M
#2
Series D · Chennai, Tamil Nadu · founded 2014 · 1078 employees$183.4Mraised▾
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 laundering solutions.
- Jun 2025Series D$3.5M
- Sep 2024Series D$70M
- Jul 2024Series C$836.2K
- Apr 2024Venture Debt$4.2M
#3
Seed · Chennai, Tamil Nadu · founded 2019 · 56 employees$737Kraised▾
Provider of payment processing and risk management solutions. It offers a suite of products encompassing secure authentication, payment switching for online and offline transactions, and a transaction management system for post-authorization processes. These solutions include clearing and settlement, reconciliation, profitability analytics, and chargeback dispute management. The platform features seamless payment processing, a secure cloud environment, simplified API integration, and real-time transaction costing. A key focus is on minimizing risk, particularly in cross-border payments, and maximizing revenue through features like dynamic currency conversion. The system provides end-to-end processing within a single platform, offering transparency through an intuitive dashboard.
- Sep 2025Seed$1M
- Jan 2024Seed$553.5K
- Aug 2022Angel$12.7K
- Sep 2021Angel$13.6K
#4
Series A · Chennai, Tamil Nadu · founded 2021$1.1Mraised▾
Provider of payment solutions, digital transformation, and e-commerce integration. The company offers payment processing, collection, and gateway integration. It provides API integration, payment gateway router switch, and reconciliation. The company also delivers custom reports, automation, and mobile application development.
- Sep 2025Series A$5M
- Nov 2024Seed$2M
- Mar 2022Seed$1.1M
#5
Seed · Chennai, Tamil Nadu · founded 2020 · 244 employees$2.4Mraised▾
Payment acceptance solution for businesses using QR codes and UPIs. It is a fintech startup that provides payment solutions for businesses, enabling transactions and data-driven growth. The company offers a range of payment options, including QR codes, UPI, and POS systems, to manage financial operations. It is a payment aggregator for businesses that collect and accept payments from customers and vendors. It also offers integration using documented SDKs, RESTful APIs, and plugins for multiple platforms and languages.
- Aug 2024Angel$2.3M
- Sep 2021Seed$2.4M
- Feb 2021Grant (prize money)$13.7K
#6
Series C · Chennai, Tamil Nadu · founded 1991 · 2221 employees$127Mraised▾
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.
- Oct 2014Series C$57M
- Dec 2009Series B$60M
- Jul 2008Series A$10M
#7
Seed · Chennai, Tamil Nadu · founded 2014 · 106 employees$10.2Mraised▾
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.
- Mar 2022Seed$5M
- Jan 2021Seed$534.5K
- Sep 2020Seed$1.2M
- Mar 2020Seed$555.8K
#8
Seed · Chennai, Tamil Nadu · founded 2018 · 21 employees$2.8Mraised▾
Tyche provides payment gateway and POS solutions for businesses. It offers QR based payments solution, POS solutions, E-Wallet, payment gateway, invoice payments, subscription service swipe, and more. It features solutions to provide integration service, plugins & shopping cart, differential pricing, split settlements, multi-bank settlement, and more.
- Mar 2023Angel$1.2M
- Sep 2022Angel$40.4K
- Mar 2021Angel$782.1K
- Feb 2020Angel$741.1K
#9
Seed · Chennai, Tamil Nadu · founded 2019 · 7 employees$1.3Mraised▾
Provider of payment gateway services with flat pricing and UPI solutions. The company offers tools for collecting payments through websites, apps, and payment links. It provides virtual account solutions and application programming interfaces for integration. The company is an authorised payment aggregator that focuses on security standards.
- Mar 2023Angel$1.3M
#10
Series B · Chennai, Tamil Nadu · founded 2012 · 340 employees$12Mraised▾
Provider of payment solutions including online payment gateway and POS devices. The company offers various POS devices such as Android POS, GPRS POS, and digital GPRS POS. It also provides sound box devices for real-time confirmation for UPI QR payments. The business supports pharmacies, retail outlets, e-commerce, and educational institutions.
- Oct 2014Series B$12M
#11
Seed · Chennai, Tamil Nadu · founded 2018 · 19 employees$3.1Mraised▾
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, and customers into elementary components, Hypto removes bottlenecks that exist in legacy systems.
- Jun 2021Seed$3.1M
#12
Seed · Chennai, Tamil Nadu · founded 2020 · 17 employees$450Kraised▾
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.
- Jul 2022Seed$450K
Funding & investor landscape
Notable founders
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
How research on Digital Payments in Chennai is moving
A read on the academic research around Digital Payments in Chennai — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 59 papers.
- SRM Institute of Science and Technology21
- Vellore Institute of Technology University16
- Anna University, Chennai10
- Sathyabama Institute of Science and Technology5
- Indian Institute of Technology Madras3
- Computer security1→4
- Payment system2→4
- Computer security4
- Mobile payment3
- Financial inclusion2
- Financial services2
- Key (lock)2
Common questions
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.