FinTech in India

16.27%
Annual Growth Rate (CAGR)
Source: Mordor Intelligence CAGR 2026-2031 ✓ Verified

Sub-Sectors

Rising Startups

PhonePe

Pre-IPO

UPI payments with 500M+ users

$282M (latest round) · Founded 2015

Slice

Series B

Digital payments and credit - now Slice Small Finance Bank

$387M total · Founded 2016

Perfios

Growth

Financial data analytics and decisioning SaaS for banks and NBFCs

$229M total · Founded 2008

Groww

Public (IPO Nov 2025)

Zero-commission investment platform for stocks, mutual funds, and gold

$595M pre-IPO + $750M IPO · Founded 2016

XFlow

Series A

B2B cross-border payments

$16.6M (latest round) · Founded 2022

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