Company lists
The India edition · 2026

Unbundling of bankcompanies in India

Digital lending, payments, online trading, wealth & investing, digital banks and more: the companies building unbundling of bank in India, with their founders, funding, team size and business models.

105 company profiles0 with recorded fundingOctober 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent unbundling of bank business events in India

Funding, M&A, contract wins and launches involving 131 unbundling of bank companies in India, last 24 months: 13 M&A deals · 2 funding rounds · 1 Launch. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Mar 2026.

M&AAcquisition · Announced

BLS E-Services acquires Atyati technologies

BLS E-Services on Monday said it will acquire a 100 per cent stake in Atyati Technologies for Rs 154 crore.

Technology platforms for financial inclusion
M&AAcquisition · Announced

BLS E-Services acquires Atyati technologies

BLS E-Services Limited (BLSe), a digital service provider to governments and financial institutions, has signed a binding term sheet to acquire a 100% equity stake in Atyati Technologies…

Financial Inclusion Technology
M&AAcquisition · Completed

Franklin templeton acquires Benefit street partners

The move marks the final step in the integration of the two businesses, with BSP acquired by Franklin Templeton in 2019 and Alcentra in 2022.

Alternative Credit
M&AAcquisition · Announced

Payu acquires MindGate Solutions

Digital payments major PayU has acquired an additional 27% in Mindgate Solutions, increasing its stake in the Mumbai-based payment processing company to a majority 70%.

M&AAcquisition · Announced

Blackrock acquires Franklin templeton

BlackRock’s acquisition of Franklin Templeton

LaunchManaged Options Strategies

Franklin templeton

Franklin Templeton, meanwhile, has added managed options strategies to its Canvas custom indexing platform.

Options
M&AAcquisition · Announced

PayU Payments acquires MindGate Solutions

Cyril Amarchand Mangaldas advised PayU Payments Private Limited (“PayU”), the payment and fintech business of Amsterdam-based global consumer internet group and technology investor…

Payment and fintech
M&AAcquisition · Announced

Payu acquires MindGate Solutions

Digital payments major PayU has picked up a 43% stake in Mindgate Solutions , a banking infrastructure company, valuing the company between $200- $250 million.

Banking infrastructure
FundingAcquisition

MindGate Solutions

Prosus-backed fintech company PayU acquired a 43.5 percent stake in payments infrastructure company Mindgate Solutions for an undisclosed amount.

Fintech
FundingWarrant conversion

Niyogin Fintech

Niyogin Fintech Limited is pleased to announce the successful conversion of its warrants, raising Rs. 56.2 crores. Following the approval of the Board of Directors 1,64,40,011 equity…

Investors Mk ventures, Aionios Alpha Investment Management, Ashika group
M&AAcquisition

Niyogin Fintech acquires Moneyfront

Niyogin has also made strides through past acquisitions like Moneyfront, a wealth platform,

Wealth platform

Unbundling of bank companies in India, by funding and team

Few unbundling of bank companies in India publish revenue, so this list compares what is on record instead: recorded equity funding, team size, revenue model, age and stage. The 50 companies below lead on recorded funding and team size among 105 active companies.

Showing 25 of 50

mPokket is a mobile based platform that connects lenders and borrowers.

Alternative lending
—None recorded
3,000+266% vs previous recordrecorded
Commission on transaction / Lending
10 yr2016
—No postings tracked

Ventura Securities is a financial services company located in Thane.

Investment tech
—None recorded
1,784recorded
Commission on transaction / Fee-for-service
32 yr1994
0none in 3 months

At M2P we are having a re-look at why tens of millions don’t have access to digital payments?, why merchants are reluctant to adopt?

Payments
—None recorded
1,066+19% vs previous recordrecorded
Commission on transaction / Lending
12 yr2014
—No postings tracked

We offer payments infrastructure & growth tools for businesses in India.

Payments
—None recorded
1,451+69% vs previous recordLinkedIn · Oct 2026
Subscription
—
0none in 3 months

Union Asset Management Company offers mutual funds and financial solutions.

Investment tech
—None recorded
750recorded
Fee-for-service
17 yr2009
—No postings tracked

Sucobank helps the organization to make banking simple with its service offerings.

Banking tech
—None recorded
141LinkedIn · Oct 2026
Commission on transaction / Fee-for-service
31 yr1995
—No postings tracked

Mindgate has been associated with Microsoft and has developed expertise in providing solutions using Azure, BizTalk.

Payments
—None recorded
1,439+71% vs previous recordLinkedIn · Oct 2026
Commission on transaction / Subscription
18 yr2008
4postings · last posted Sep 2026

Electronica Finance is a pioneer in the field of Machine Finance.

Embedded finance
—None recorded
501recorded
Commission on transaction / Fee-for-service
36 yr1990
—No postings tracked

Developer of a digital banking platform designed to offer efficient and secure banking services and automate business payments. The company's platform includes a digital business account that can be activated using a fully digital onboarding process and comes with integrated GST-complaint invoicing, bookkeeping, payments, API Banking, and credit line, enabling SMEs to manage cashflows, automate accounting and get insights into their businesses.

Banking tech
—None recorded
500recorded
Subscription
9 yr2017
—No postings tracked

IND is a SuperMoneyApp that brings all your family's money in one app.

Internet first lenders
—None recorded
498+60% vs previous recordrecorded
Commission on transaction / Lending
7 yr2019
—No postings tracked

Financepeer helps parents/students to pay their education fees in monthly installments that too at zero interest and zero cost.

Alternative lending
—None recorded
418+9% vs previous recordrecorded
Commission on transaction / Subscription
9 yr2017
—No postings tracked

BLB is a trading and investment platform for shares and securities.

Online trading platforms
—None recorded
147LinkedIn · Oct 2026
Commission on transaction / Fee-for-service
61 yr1965
—No postings tracked

BOB Financial is a non banking financial company provides credit cards, personal loans and merchant acquiring services.

Internet first prepaid card issuers
—None recorded
375recorded
Commission on transaction / E-commerce - service
32 yr1994
0none in 3 months · last posted Jun 2026

They only provide FREE financial advice / education to ensure that you are not misguided while buying any kind of financial products.

Online financial planners and advisors
—None recorded
1,383LinkedIn · Oct 2026
Commission on transaction / Subscription
18 yr2008
0none in 3 months · last posted Jun 2026

Franklin Templeton is a mutual fund investment company in India. Franklin Templeton provides different types of mutual funds, SIP investment, lumpsum investment, etc.

Investment tech
—None recorded
300recorded
Fee-for-service
31 yr1995
—No postings tracked

Financepeer is an AI-based peer-to-peer lending platform that offers loans to students to pay school and college fees.

Internet first lenders
—None recorded
296recorded
Commission on transaction / Fee-for-service
9 yr2017
—No postings tracked

Sarvatra Technologies provides integrated payment systems, EFT switching, bankeasy core banking system, mobile apps and merchant services.

Payments
—None recorded
925LinkedIn · Oct 2026
Commission on transaction / Lending
26 yr2000
0none in 3 months

Financial Hospital build a solid foundation for you to reach your desired destiny of financial stability through proper execution

Investment tech
—None recorded
142LinkedIn · Jul 2026
Commission on transaction / Subscription
22 yr2004
1postings · last posted Aug 2026

Incorporated in the year 2001, Avenues is a zero-debt company which has been profitable from its inception.

Online business payments
—None recorded
109+23% vs previous recordLinkedIn · Oct 2026
E-commerce - service / Fee-for-service
25 yr2001
—No postings tracked

Ezetap Mobile Solutions offers smart payment solution for businesses to accept any mode of payment from their customers.

Payments
—None recorded
115LinkedIn · Oct 2026
Commission on transaction / E-commerce - service
15 yr2011
0none in 3 months · last posted Feb 2022

Orient Exchange and Financial Services is an online platform that offers International Money Transfer along with Forex Cards and Forex

Digital remittance
—None recorded
175recorded
Commission on transaction / Fee-for-service
24 yr2002
0none in 3 months

Paynear Solutions is India's fastest growing FinTech Company that is revolutionizing the Payment Industry with its innovative solutions.

Enterprise software
—None recorded
131-4% vs previous recordLinkedIn · Jul 2026
Commission on transaction / E-commerce - service
13 yr2013
—No postings tracked

Aditya Birla MyUniverse Ltd is a platform that offers you a wide range of financial products such as Personal Loans, Mutual Funds, Credit Cards, Home Loans and Education Loans.

Internet first lenders
—None recorded
417-13% vs previous recordLinkedIn · Jul 2026
Commission on transaction / Lending
14 yr2012
—No postings tracked

A financial market is a broad term describing any marketplace where buyers and sellers participate in the trade of assets such as equities

Investment tech
—None recorded
107LinkedIn · Jul 2026
Fee-for-service
11 yr2015
—No postings tracked

Neo Banking platform that caters to all your business banking needs.This fintech company is committed to delivering impact-centric solutions to power MSME�s

Banking tech
—None recorded
126LinkedIn · Oct 2026
Commission on transaction / Subscription
9 yr2017
—No postings tracked
50 of 105 companies shown here · the full list is on Radar
Fliar Radar

Explore all 105 unbundling of bank companies in India on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open unbundling of bank in India on Radar
  • Every company, not just 50All 105 unbundling of bank 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 unbundling of bank companies in India by what you are looking for

Find companies behind the unbundling of banks in India, from digital lenders and payments providers to online brokers and wealth platforms. Discover top fintech companies unbundling banking and listed financial companies in India.

9 ways to explore unbundling of bank in India

Digital lenders & alternative lendingPayment companies & business payment solutionsOnline trading platforms & stock brokersWealth management & investment platformsDigital banks & banking technologyDigital remittance & wallet transfers

Digital lenders & alternative lending

Internet-first lenders, NBFCs and alternative lending platforms for consumers and businesses.

  1. mPokket

    mPokket is a mobile based platform that connects lenders and borrowers.

    Alternative lending
    See in list
  2. electronica finance ltd

    Electronica Finance is a pioneer in the field of Machine Finance.

    Embedded finance
    See in list
  3. INDwealth.in

    IND is a SuperMoneyApp that brings all your family's money in one app.

    Internet first lenders
    See in list
  4. Financepeer

    Financepeer helps parents/students to pay their education fees in monthly installments that too at zero interest and zero cost.

    Alternative lending
    See in list
  5. Aditya Birla Money MyUniverse

    Aditya Birla MyUniverse Ltd is a platform that offers you a wide range of financial products such as Personal Loans, Mutual Funds, Credit Cards, Home Loans and Education Loans.

    Internet first lenders
    See in list

Payment companies & business payment solutions

Payment gateways, POS terminals and business payment platforms.

  1. YAP from M2P Solutions

    At M2P we are having a re-look at why tens of millions don’t have access to digital payments?, why merchants are reluctant to adopt?

    Payments
    See in list
  2. Paytm for Business

    We offer payments infrastructure & growth tools for businesses in India.

    Payments
    See in list
  3. MindGate Solutions

    Mindgate has been associated with Microsoft and has developed expertise in providing solutions using Azure, BizTalk.

    Payments
    See in list
  4. BOB Financial Solutions

    BOB Financial is a non banking financial company provides credit cards, personal loans and merchant acquiring services.

    Internet first prepaid card issuers
    See in list
  5. Sarvatra Technologies

    Sarvatra Technologies provides integrated payment systems, EFT switching, bankeasy core banking system, mobile apps and merchant services.

    Payments
    See in list

Online trading platforms & stock brokers

Discount brokers, online trading and forex platforms.

  1. union mutual fund

    Union Asset Management Company offers mutual funds and financial solutions.

    Investment tech
    See in list
  2. BLB Ltd.

    BLB is a trading and investment platform for shares and securities.

    Online trading platforms
    See in list
  3. Franklin Templeton International Services

    Franklin Templeton is a mutual fund investment company in India. Franklin Templeton provides different types of mutual funds, SIP investment, lumpsum investment, etc.

    Investment tech
    See in list
  4. Ripples advisory private limited

    A financial market is a broad term describing any marketplace where buyers and sellers participate in the trade of assets such as equities

    Investment tech
    See in list
  5. satco capital markets

    Satco Capital Markets specializes in IPOs, mutual funds, insurance, fixed income, equity SIP, PMS, and trading services.

    Investment tech
    See in list
35 companies in India

Wealth management & investment platforms

Online financial planners, mutual fund platforms and robo advisors.

  1. Ventura Securities

    Ventura Securities is a financial services company located in Thane.

    Investment tech
    See in list
  2. union mutual fund

    Union Asset Management Company offers mutual funds and financial solutions.

    Investment tech
    See in list
  3. IndianMoney.com

    They only provide FREE financial advice / education to ensure that you are not misguided while buying any kind of financial products.

    Online financial planners and advisors
    See in list
  4. Franklin Templeton International Services

    Franklin Templeton is a mutual fund investment company in India. Franklin Templeton provides different types of mutual funds, SIP investment, lumpsum investment, etc.

    Investment tech
    See in list
  5. Financial Hospital

    Financial Hospital build a solid foundation for you to reach your desired destiny of financial stability through proper execution

    Investment tech
    See in list
22 companies in India

Digital banks & banking technology

Internet-first banks and technology that powers banking channels.

  1. Suco Souharda Sahakari Bank

    Sucobank helps the organization to make banking simple with its service offerings.

    Banking tech
    See in list
  2. electronica finance ltd

    Electronica Finance is a pioneer in the field of Machine Finance.

    Embedded finance
    See in list
  3. Open (Financial Software)

    Developer of a digital banking platform designed to offer efficient and secure banking services and automate business payments. The company's platform includes a digital business account that can be activated using a fully digital onboarding process and comes with integrated GST-complaint invoicing, bookkeeping, payments, API Banking, and credit line, enabling SMEs to manage cashflows, automate accounting and get insights into their businesses.

    Banking tech
    See in list
  4. Niyogin Fintech Limited

    Neo Banking platform that caters to all your business banking needs.This fintech company is committed to delivering impact-centric solutions to power MSME�s

    Banking tech
    See in list
  5. Stack Finance

    Developer of a social banking platform designed to empower millennials to lead healthier financial lives. The company's platform includes an artificial intelligence-powered personalized manager, tracking all accounts in one place and controlling their money, enabling users to save, meet bills to avoid the overspending cycle, and develop financial ideas.

    Internet first banks
    See in list

Digital remittance & wallet transfers

Peer-to-peer and cross-border money transfer providers.

  1. Orient Exchange And Financial Services

    Orient Exchange and Financial Services is an online platform that offers International Money Transfer along with Forex Cards and Forex

    Digital remittance
    See in list
  2. Goomi Technology

    Goomi Technology is a website and software development agency.

    Digital remittance
    Website
  3. Incento

    Operator of a digital payment platform intended to send money across borders in a convenient way. The company's platform is a cross-border remittance app based on blockchain, enabling users to seamlessly request payments from friends and businesses by just sharing a link through email or any messaging app.

    Digital remittance
    Website

Credit score & debt management services

Credit repair, credit score and consumer debt management tools.

  1. INDwealth.in

    IND is a SuperMoneyApp that brings all your family's money in one app.

    Internet first lenders
    See in list
  2. Financepeer

    Financepeer helps parents/students to pay their education fees in monthly installments that too at zero interest and zero cost.

    Alternative lending
    See in list
  3. Aditya Birla Money MyUniverse

    Aditya Birla MyUniverse Ltd is a platform that offers you a wide range of financial products such as Personal Loans, Mutual Funds, Credit Cards, Home Loans and Education Loans.

    Internet first lenders
    See in list
  4. Bueno Finance

    Bueno Gig Growth Technologies Pvt Ltd ("Bueno Finance") is a financial services platform which aims is to help improve the financial health of our customers.

    Internet first lenders
    See in list
  5. Finsara

    Developer of AI-powered low-risk credit products intended to provide consumer loans using non-traditional variables. The company's platform provides a credit limit that can be used on daily essentials and helps to build confidence and incentivize on-time repayment behavior, making employees credit-worthy for financial institutions.

    Internet first lenders
    See in list

Listed financial companies in India

Publicly listed financial services companies.

  1. BLB Ltd.

    BLB is a trading and investment platform for shares and securities.

    Online trading platforms
    See in list
  2. tilak venture

    Tilak Venture is a company that assists in financial and investment services.

    Investment tech
    Website
  3. purshottam investofin

    The Purshottam Investofin Company is a non-banking finance company that trades securities and financing.

    Investment tech
    Website
  4. Kuber Udyog

    Kuber Udyog Ltd is engaged in carrying all or any kind of business of financiers of industrial, commercial and other enterprises and general financiers, film financiers, producers, distributors and exhibitors, money lenders, trustees, real estates, owners, landlords, builders, under writers, guarantors, hire purchase, dealers of all kind of shares, stocks, debenture trustees, securities, bonds, claims, licenses and charges, claims, buildings, negotiable instruments, decrees, book debts, patents, factories, mines, industrial undertaking, business concerns, warehouses, properties, and right of a

    Investment tech
    Website
  5. maNGOma

    Pulsar International Ltd is an Indian based investment company. It is engaged in the sale of mutual funds.

    Investment tech
    Website
12 companies in India

Banking unbundling startups in India

Newer fintech companies founded in the last few years.

  1. pice

    Pice offers an embedded B2B payments platform.

    Payments
    See in list
  2. Leaf Round

    Leaf round is an Alternate Investment platform that provides access of high yield fixed income products to investors.

    Internet first lenders
    See in list
  3. Blue Financial Technologies

    Blue develops and offers an online platform for banking and intercompany settlement

    Banking tech
    See in list
  4. Finsara

    Developer of AI-powered low-risk credit products intended to provide consumer loans using non-traditional variables. The company's platform provides a credit limit that can be used on daily essentials and helps to build confidence and incentivize on-time repayment behavior, making employees credit-worthy for financial institutions.

    Internet first lenders
    See in list
  5. beyondirr

    BeyondIRR is a B2B wealth-tech business to assist wealth rms, wealth managers, independent financial advisors, RIAs and MFDs.

    Investment tech
    See in list
10 companies in India
Mobile reach

Top 7 unbundling of bank apps from India

The most-installed Android apps published by unbundling of bank companies headquartered in India — 2.8M installs between them. 7 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 7
6

Phomello Trigger POS (PHU-S01)

by PEGASUS

Installs1K
Rating—
Last updatedOct 2025
View on Google Play ↗
Phomello Trigger POS (PHU-S01) screenshot 1Phomello Trigger POS (PHU-S01) screenshot 2Phomello Trigger POS (PHU-S01) screenshot 3Phomello Trigger POS (PHU-S01) screenshot 4Phomello Trigger POS (PHU-S01) screenshot 5Phomello Trigger POS (PHU-S01) screenshot 6
Capital & corporate activity

Unbundling of bank funding and M&A across India

0 recorded equity rounds have gone to 131 unbundling of bank 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 months0

US$0k

equity rounds, last 24 months0

US$0k

raised over five years—

0 rounds in India

M&A deals, India13

last 24 months

Capital by year

Equity funding into unbundling of bank in India

amount rounds

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date.

Corporate activity · last 24 months

M&A in India

13Acquisition

Most active acquirers

  1. BLS E-Services4
  2. Franklin templeton3
  3. Payu2
  4. Niyogin Fintech2
  5. Blackrock1

Most acquired or merged

  1. MindGate Solutions3
  2. Atyati technologies2
  3. Benefit street partners1
  4. Franklin templeton1
  5. Sub-K Impact Solutions1

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

Industry landscape report

Accounting and Tax Software Industry Landscape of India

The financials above are one chapter. The full unbundling of bank 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 unbundling of bank landscape of India

Founders and momentum in India

Meet the people behind unbundling of bank companies in India. 5 of 105 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India unbundling of bank companies by sub-sector

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

Keep exploring unbundling of bank in India and nearby markets.

Coming soon