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← Embedded Finance Index 2026/Countries/India

🇮🇳 Embedded finance in India

View 162 companies on the map →

162 companies headquartered in India are in the Embedded Finance Index. This page counts which embedded-finance layers they run, which providers they name and which licences they hold.

162
Companies analyzed
105 (65%)
Name at least one embedded-finance provider
83
Hold a licence issued in India
14
Significant or critical accounting-integration gap
Layer adoption

Which embedded-finance layers companies in India run

Companies that name at least one provider for the layer on a sourced page, out of 162.

Payments (PSP) · 50%
81
Lending / BNPL · 29%
47
Accounts / BaaS · 23%
38
Card issuing · 20%
32
FX / payouts · 19%
30
Open banking / data APIs · 10%
17
Insurance · 7%
11
KYC / fraud · 4%
6
Payroll · 3%
5
Crypto / stablecoin · 0%
0
Providers

The providers companies in India name most

Payments
13
10
5
5
3
3
Accounts / BaaS
4
3
Partner banks via Easebuzz Neo Connected Banking
1
1
1
DCB Bank
1
Card issuing
2
2
2
1
1
1
Lending / BNPL
2
2
2
2
1
Vegapay
1
Insurance
2
OneAssist
1
LIC of India
1
Star Health
1
ICICI Prudential
1
ICICI Lombard
1
Open banking & data APIs
2
1
1
1
UK Open Banking
1
OneMoney
1
KYC
4
1
FX / payouts
2
2
2
1
EbixCash World Money
1
1
Sponsor banks
6
4
4
2
1
SBM Bank
1
Licences issued in India

83 companies hold at least one; a company can hold several kinds.

Bank / credit institution
17
Insurance
6
E-money institution
1
Accounting systems they connect to

Companies that list a connector for the system.

QuickBooks
7
Tally
6
SAP
4
Oracle NetSuite
3
Shopify
3
Zoho Books
3
Excel
2
Oracle
2
WhatsApp
2
WooCommerce
2
Xero
2
Who they are
Fintech
73
Vertical SaaS
31
Infrastructure
28
Bank
11
Horizontal SaaS
10
Marketplace
5
E-commerce
2
Healthcare
1
Companies

Companies headquartered in India

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