ICICI Bank
Also a provider — view ICICI Bank’s profile →“Can ICICI Bank become the default banking and financial infrastructure layer for India's digital economy by embedding its accounts, payments, lending, and FX rails into every major fintech, e-commerce, and enterprise platform?”
ICICI Bank began as a corporate lending vehicle before transforming into a full-service retail and commercial bank post-merger in 2002. It has evolved from branch-centric banking to a digitally-led model, anchored by the iMobile super-app and the ICICI STACK API ecosystem that lets fintechs, insurers, mutual funds, and MNCs embed ICICI banking rails into their own products. In recent years the bank has aggressively expanded embedded lending — instant overdrafts via marketplace APIs (Flipkart), EMI on UPI, and pre-approved digital credit lines — positioning the bank as the financial infrastructure provider for India's digital economy rather than just a retail lender.