India is home to one of the most prominent fintech sectors in the world, with more than 10,000 financial services companies operating throughout the country. Businesses of all sizes are developing solutions for areas like payments, digital lending, insurance and wealth management. Learn which other facets of the finance industry these Kolkata companies are innovating.
Fintech Companies in Kolkata
- Bajaj Finserv
- Barclays
- Zerodha
- mPokket
- FIS
Top Fintech Companies in Kolkata
WTW, the brand name of Wills Tower Watson, is a risk management company. It offers a portfolio of services that collectively aim to reduce their clients’ exposure to financial, regulatory and reputational harm. It offers industry-specific services to fintech clients that consider the various risks of regulatory uncertainty, cyberthreats and market volatility in the fintech space.
Citi, which is the corporate parent of the Citibank network of financial institutions, works with a partner network of fintech companies to provide digital services that pull from emerging technologies. The company also invests and holds controlling shares in numerous smaller fintechs, which it strategically incubates. Citi’s fintech partnership program recently expanded to lead an investment round into United Fintech, a platform that operates the FairXchange and CobaltFX fintechs.
Zerodha equips traders and investors with solutions for brokerage-free equity investments, retail, institutional broking, currencies and commodities trading. With a footprint spanning nine cities across India, Zerodha is a prominent stock broker in the country. The company also operates online educational and community initiatives, as well as a fintech startup fund and incubator.
Bajaj Finserv is a financial services company with a product portfolio spanning lending, insurance and wealth advisory solutions. The nonbank financial company’s offerings include personal, business and mortgage loans, health insurance and investment plans, equity, hybrid and debt mutual investment funds and more. It also offers a digital wallet and credit card solutions.
Shriram Insight Share Brokers is a brokerage firm. Its primary offering is retail stock services, and it additionally provides comprehensive financial services in equity and derivatives trading, commodity brokerage and mutual fund management. The company’s retail stock platform includes digital operations options that allow clients to manage their accounts remotely.
mPokket is a digital app that provides personal loans to college students and recent college graduates. The company also serves salaried professionals, gig workers and self-employed people with small ticket-size loans. It leverages AI and machine learning to underwrite loans and grant credit to borrowers with low or no credit.
FIS provides financial institutions and businesses with technology solutions designed to modernize payments, banking and investments. The company has a global footprint and serves a wide range of industries like retail, healthcare and insurance with solutions for integrated banking, wealth and retirement management, operations optimization, data management and more.
Fintech company PRM Fincon provides digital risk analytics and management tools. It serves clients in the financial services and banking sectors and partners with leading AI firm Parabole.ai to embed AI functionality into its fintech products, with the goal of reducing the risk of compliance and financial issues and thus increasing opportunities to accrue revenue.
Barclays is a bank with a presence in more than 40 countries. The company encapsulates several divisions, including consumer, corporate and wealth, and private banking franchises in the United Kingdom, an investment bank and a specialist consumer bank in the United States. Its goal is to enable a healthy financial future for individuals, businesses and communities. It has a number of offices throughout India, including one in Kolkata.
Altius Investech is a fintech company that uses data science to power its investment intelligence platform. It presents unlisted privately held and pre-IPO investment opportunities in a digital marketplace format, allowing its clients both access to obscure startups and actionable data on their operations and potential.
