India’s fintech sector continues to thrive, driven by innovations in digital payments, lending, and wealth management. As the country becomes a global leader in non-cash transactions, several fintech startups are making significant strides. Here are five Indian fintech startups that have garnered attention in March.
### Infinity: Streamlining Cross-Border Payments
Infinity, founded in 2023 by Sourav and Sidharth Choraria, addresses the complexities of cross-border payments for Indian businesses. By offering zero forex markup and real-time exchange rates with a flat transaction fee of around 0.5%, Infinity provides a cost-effective alternative to traditional banks. It supports payments across 160+ countries and handles compliance-heavy workflows, making it easier for businesses to manage global transactions. With over 10,000 customers and $10 million in monthly transaction volume, Infinity is poised to capture a significant share of the rapidly growing cross-border payments market, projected to reach $1,137 billion by 2033.
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### Liquide: Enhancing Retail Investing with AI
Liquide, founded in 2021, is revolutionizing retail investing in India with its AI-powered research platform. The startup offers insights into market data without replacing existing brokerage accounts. Its AI assistant, LiMo, provides stock reports and answers investor queries, while the platform also offers portfolio diagnostics and AI-driven investment strategies. With over 3.5 million app downloads and $2 billion in assets analyzed, Liquide is competing in the wealthtech solutions market, expected to grow to $708 million by FY32. By providing comprehensive tools for retail investors, Liquide is addressing the need for timely and reliable investment information.
### Mony: Simplifying Payments for Foreign Visitors
Gurugram-based Mony, founded in 2025 by Pankaj Mishra, offers a digital wallet solution for international travelers in India. By leveraging the UPI infrastructure, Mony allows foreign visitors to top up funds using international cards and make payments via UPI. This approach eliminates the need for an Indian bank account and simplifies the payment process for tourists. As India’s prepaid cards and digital wallet ecosystem is projected to reach $210.1 billion by 2029, Mony is well-positioned to capitalize on this opportunity by enhancing the travel experience for international visitors.
### Kredit.Pe: Broadening Access to Digital Credit
Kredit.Pe, established in 2023 by Prashant Kumar, focuses on expanding access to credit for underserved segments in India. By partnering with banks like Yes Bank and SBM Bank, Kredit.Pe offers FD-backed RuPay credit cards, enabling users with limited credit history to access credit. The platform also provides digital gold investments and rewards redemption, creating a comprehensive financial engagement layer. Operating in the credit-on-UPI market, Kredit.Pe is transforming UPI from a payments rail into a rewards-driven credit experience, addressing the credit gap in India’s financial services.
### Paasa: Facilitating Global Investments for Indians
Paasa, founded in 2024 by Nitish Sahni and Sparsh Sharma, simplifies overseas investing for Indian users. The platform allows investments across multiple global markets, including the US, UK, Europe, and Asia, through a single interface. With access to over 15,000 stocks and ETFs, Paasa focuses on portfolio construction and compliance-heavy use cases. By offering tools for RSU diversification and competitive forex rates, Paasa is tapping into the growing outward remittance market, expanding opportunities for Indians with global financial interests.
These startups are not only addressing specific market needs but are also contributing to the broader growth and diversification of India’s fintech ecosystem. As they continue to innovate and expand, they are likely to play a pivotal role in shaping the future of financial services in India.
