KPMG and H2 Ventures came out with 2019 Fintech 100 leading global innovators report. This report highlights a list of the year’s leading fintech innovators from around the globe. i.e. Top 50 emerging fintech innovators include the following companies.
FlexiLoans: FlexiLoans aims to help the MSME segment to grow by providing them a hassle-free and adequate loan to them. Launched in 2016, this fintech startup has implemented new-age technology to access funding to small businesses that otherwise rely on informal sources of finance. It has been ranked as the 76th emerging Fintech Company.
Acko: Acko is one of the fast-growing Indian Insur Tech companies aiming to organize the general insurance industry in India. Acko is a customer-focused company who offers innovative products at personalized pricing based on customer behavior and data analytics to deliver a seamless experience across the value chain from purchase to claims. This company has been ranked as 61st emerging company among global players.
Namaste Credit: Namaste Credit is India’s leading AI-based credit discovery and underwriting platform developed for MSMEs. In just a span of a year, it has begun to scale its marketing efforts and technology and has today 70+ lenders and 10000+ channel partners. Bengaluru based startup had bootstrapped nearly a million dollars before paving the way for raising 3.8$ million funding from Nexus Venture Partners. Namaste Credit has been featured at 91st rank in this report.
Open: Open is a business banking platform that streamlines everything from invoicing to banking, payroll and automated accounting. Founded in 2018, this neo-banking startup also offers the best of the classic banking services such as cheque books, internet banking and Debit Card) along with these additional features. It has been ranked as the 96th emerging company by KPMG.
The analysis has also included top 50 fintech companies which included the names like Paytm, OlaMoney, PolicyBazaar and LendingKart. The findings conclude India as the promising fintech market.