In the midst of the ongoing situation when the world is battling with the Coronavirus pandemic, fintech platforms are providing cashless transactions with the assistance of e-wallets. The fintech sector is revolutionizing through the digital medium to give provide cashless transactions. Mobile wallet has been surpassing credit card utilization and is gradually starting to supplant the traditional payment methods.
In past time, all financial tasks were finished through paperwork only as a paper-based medium was considered to be the safest. Be that as it may, with the development of technology, the internet has emerged as the favored stage for financial transactions. Tech-focused startups and similar new market participants are disrupting the manner by which the monetary administration industry conducts its tasks.
Five Fintech Startups to Watch Out for in 2021
Here are some of the top five fin-tech startups to watch out for in 2021:
GalaxyCard
GalaxyCard fully digital mobile-based credit card was founded in September 2017 by Amit Kumar and Gunjeet Singh. provides one of the quickest lending solutions in India through its exclusive and instantly approved E-credit cards. The startup was built with a perspective to help individuals come out from the social guilt of borrowing money from their loved ones. Incepted in 2018, the organization has gained an immense client base from more than 600 towns across the country. The digital credit card can instantly be made available within 3 minutes and benefits the customers with no annual, joining, or interest charges. It tends to be utilized to shop online as well as to make all kinds of payments including utility bills, phone recharge, and even paying for roadside stalls.
smallcase
smallcase is a fintech organization fabricating a trusted financial ecosystem together with investors, advisors, brokers, and other market participants. From individual investors to enormous AMCs, our products are utilized each day across India’s capital markets. Bengaluru-based smallcase Technologies is paving the way for modern investors permitting them to choose from professionally tailored baskets of stocks that reflect an investing idea or strategy. Presently, seven brokers have a collaboration with the organization and are offering this stage.
MoneyTap
MoneyTap is India’s first application based credit line. Offered in partnership with leading banks, it is not just a personal loan, not just a credit card, but a personal credit line. To put it simple, MoneyTap is catering to the credit needs of middle-class clients in India. Present in 40+ cities, the startup provides small-medium cash loans, quick credit on mobile, affordable interest rates, and flexible EMIs. Established by an enthusiastic pack of IIT/ISB graduated class, MoneyTap aims to make credit accessible to the millions of Indians, who struggle to get credit when they need it. For the greater part of us, applying for a personal loan is a cumbersome process. The individuals who have credit cards, end up paying high interest on credit card loans.
Zeta
Zeta is a fintech organization, co-founded by entrepreneurs Bhavin Turakhia and Ramki Gaddipati in 2015. The organization offers a full-stack, cloud-local API-ready core banking and transaction processing platform for the issuance of credit, debit, and prepaid products that empower heritage banks to launch modern retail and corporate fintech products. Driven by the vision to make installments invisible and seamless, Zeta has fabricated a modern stack for Financial Institutions (FIs) for debit, credit, prepaid, loans, authentication, and Fraud and Risk Management (FRM).
Mswipe
Mswipe provides software solutions and payment devices to dealers. Its administrative center is in Mumbai. The startup works with a wide range of bank accounts; henceforth, merchants don’t need to open another account for their devices. The organization has numerous mainstream customers and serves more than 25,000 traders across India. The startup was founded in 2011 by Manish Patel
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