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Fintech Pres. (Syndicate)

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27 views9 pages

Fintech Pres. (Syndicate)

Uploaded by

akshay padwal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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New Age Fintech Companies In

India

By Sarvesh Danke
23266
• India is among the fastest-growing Fintech markets in the world.
• There are 6,636 FinTech companies in India.
• Expected market size to reach $150 billion by 2025.
• In terms of digital payments by volume (CAGR 50%) and by
value (CAGR 6%).
• At a CAGR of 20%, the value of Fintech transactions is expected
to increase from US$ 66 billion in 2019 to US$ 138 billion in 2023.
Types of new age
Fintech
1. Paytm
Employees: 10,487

1. One of the first and the most popular Indian


mobile payments and financial services
companies. Paytm was founded in 2000 by
Vijay Shekhar Sharma
2. Paytm introduced digital payments in India
through their e-wallets. Later, it expanded to
the Universal Payments Interface (UPI)
functionality to process payments but still
maintains its own payment transfer in
parallel.
3. Paytm provides consumers and merchants
with payment, banking, lending, and
2. Lendingkart

Employees: 930
• Founded in 2014, Lendingkart is a
digital lending platform for SMEs.
• he company uses big data analytics tools and machine
learning algorithms to assess customer creditworthiness
, identify risks, detect fraud, and disburse loans within
72 hours.
• Lendingkart was one of the first lending platforms that
automated the underwriting with artificial intelligence
and machine learning, allowing those without credit
scores to qualify for loans.
• 170000+ loans, ₹10000+ Cr disbursed till date, 4000+
Cities & towns presence
3. Acko

Employees: 671

• Founded in 2016.
• Fuses insurance with technology, eliminating
unnecessary paperwork.
• Digital only model.
• Offers wide Range of insurance solution ranging
from vehicle-rider insurance to life insurance to
ticket cancellations.
• 2.8+ cr. Insurers, 8 crore policies, 94.54% csr.
• Website: https://www.acko.com
4. Groww

Employees: 1000+
• Initiating operation in 2017, Groww started as
a direct mutual fund &SIPs distribution
platform.
• Has now diversified into many fintech
products.
• Groww added stocks in the early half of 2020
and the same year launched digital gold, ETFs,
stocks & Intraday trading, IPOs future options
in quick succession.
• 1.5 Cr users. 900+ cities prominence.
5. Razorpay

• Employees: 2219

• Founded in 2014, Razorpay has become one


of the most diverse and prominent Fintech
companies.
• Offers complete payment solutions for
businesses, from collecting payments to
invoice generation.
• One of the largest payment gateway
solutions in India, build to comply with the
latest security and compliance standards.
• Real-time fraud detection system,
automated reconciliation, Compliance
dashboard are some of its key features.
Thank You

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