Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)

Fintech

5 Women-led platforms accelerating the Fintech ecosystem in India

Published

on

5-women-led-platforms-accelerating-the-fintech-ecosystem-in-india

 

Women-led companies in FinTech in India are playing a pivotal role in shaping the FinTech space by bringing unique perspectives, innovative solutions, and a focus on inclusivity. These companies are not only addressing the financial needs of women but also introducing new approaches to banking, lending, and investing that benefit society as a whole by leveraging technology.

According to Statista, there were approximately 252 million women involved in entrepreneurship globally in 2018, and the market is projected to reach $10.8 trillion by 2025. In India, women-led FinTech startups are playing a crucial role in supporting women’s finances and creating more financial opportunities.

With a deep understanding of the challenges faced by women in accessing financial services, these startups are developing user-friendly platforms, offering tailored products, and creating supportive communities to empower women economically. Moreover, women-founded fintech companies are challenging traditional norms and stereotypes in the male-dominated finance industry, driving diversity and fostering a culture of inclusion.

As Women’s Day approaches, it’s only fitting that we celebrate our sHEROs and pave the path for more women-led FinTechs and businesses to flourish.

Listed below are 5 women entrepreneurs pioneering the FinTech landscape in India: 

  • Kinara Capital 

Kinara Capital is a FinTech lending company that provides collateral-free business loans to micro, small, and medium enterprises (MSMEs). Kinara is dedicated to driving financial inclusion for small business entrepreneurs by providing them with quick and easy access to credit to help them grow their businesses. Hardika Shah is the founder and CEO of Kinara Capital. After 23 years away, she returned to India in 2011 to build Kinara Capital. Recognised for her pioneering work with Kinara, Hardika was honoured as an Ashoka Fellow by the prestigious Ashoka Foundation; she received the Financial Inclusion Award from the Sankalp Foundation; and she won the People’s Choice Live Audience Award at the Wall Street Journal Financial Inclusion event, among other accolades.

  • Kaleidofin

Kaleidofin is a financial services platform that provides financial solutions to customers in India. The company’s goal is to provide fair and transparent financial solutions to millions of customers and enterprises. Kaleidofin’s platform focuses on women, which may help the company tap into a demographic that is often underserved by traditional financial services. Puneet Gupta and Sucharita Mukherjee launched Kaleidofin in 2017. Gupta is the co-founder and executive director, and Mukherjee is the co-founder and CEO. Sucharita’s commitment to financial inclusion has garnered prestigious recognition, including being chosen as “Top 40 under forty” by Economic Times in 2016, named among India’s top 20 fintech changemakers in 2017, and receiving the Young Alumni Achievers Award from IIM Ahmedabad.

  • LXME 

LXME is an online investment platform for women based in Mumbai, India. It offers savings, lending, and investment services to help women become financially independent. The app allows you to learn, discuss, plan, invest, earn, and spend. It is your one-stop online investment platform for all things money. LXME was founded by Priti Rathi Gupta in 2018 as a Facebook community for women to learn about money matters. Priti Rathi Gupta comes with over two decades of experience in the financial services industry. An alumnus of Harvard Business School, Priti’s aspirations lie in fostering equitable access to wealth for women. Priti & LXME were featured in Her Majesty the Queen’s Official Platinum Jubilee Pageant Commemorative Album. 

  • NIRA

NIRA FinTech is a consumer finance company that offers small-ticket loans to working Indians. NIRA was founded in 2017 by Nupur Gupta and Rohit Sen. NIRA’s loans are up to INR 1 lakh and can be offered for up to one year through its app-based credit line. NIRA’s digital products are designed to provide equitable and empowering financial services to everyone. Nupur Gupta, based in Bengaluru, KA, IN, is currently a co-founder at NIRA, bringing experience from previous roles at Goldman Sachs, the Institute for Quantum Computing, and Citigroup. Nupur Gupta holds a 2010 degree from the University of Waterloo.

  • Open Financial Technologies

Open Financial Technologies, a neobanking platform, aims to make business banking easier. It offers a business current account, business banking APIs, and automated accounting tools. Open Financial Technologies was founded in 2017 by Anish Achuthan, Mabel Chacko, Deena Jacob, and Ajeesh Achuthan. Mabel Chacko, Co-founder and COO of Open Financial Technologies.

Source: IBS Intelligence

 

The post 5 Women-led platforms accelerating the Fintech ecosystem in India appeared first on HIPTHER Alerts.

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Fintech

Fintech Pulse: Your Daily Industry Brief (Chime, ZBD, MiCA)

Published

on

fintech-pulse:-your-daily-industry-brief-(chime,-zbd,-mica)

 

As we close out 2024, the fintech industry continues to deliver headlines that underscore its dynamism and innovation. From IPO aspirations to groundbreaking regulatory milestones, today’s updates highlight the transformative power of fintech partnerships, regulatory evolution, and disruptive technologies. Here’s what you need to know.

Chime’s Quiet Step Toward Public Markets

Chime, the U.S.-based financial technology startup best known for its digital banking services, has taken a significant step by filing confidential paperwork for an initial public offering (IPO). As one of the most valuable private fintechs in the U.S., Chime’s move could potentially signal a renewed appetite for fintech IPOs in a market that has been cautious following fluctuating valuations across the tech sector.

With a valuation that reportedly exceeded $25 billion in its last funding round, Chime’s IPO could set a new benchmark for the industry. Observers note that its strong customer base and revenue growth may make it an appealing choice for investors seeking to capitalize on the digital banking boom. However, the timing and success of the IPO will depend on broader market conditions and the regulatory landscape.

Source: Bloomberg

ZBD’s Pioneering Achievement: EU MiCA License Approval

ZBD, a fintech company specializing in Bitcoin Lightning network solutions, has made history by becoming the first to secure an EU MiCA (Markets in Crypto-Assets Regulation) license. This landmark approval by the Dutch regulator positions ZBD at the forefront of compliant crypto-fintech operations in Europe.

MiCA, which aims to harmonize the regulatory framework for crypto-assets across the EU, has been a focal point for industry players aiming to establish legitimacy and expand their offerings. ZBD’s achievement not only validates its operational rigor but also sets a precedent for other fintech firms navigating the evolving regulatory landscape.

Industry insiders view this as a strategic advantage for ZBD as it broadens its footprint in Europe. By leveraging its regulatory approval, the company can accelerate its product deployment and establish trust with institutional and retail users alike.

Source: Coindesk, PR Newswire

Advertisement

The Fintech-Credit Union Synergy: A Blueprint for Innovation

The convergence of fintechs and credit unions continues to reshape the financial services ecosystem. Collaborative initiatives, such as the one highlighted in the recent partnership between fintech innovators and credit unions, are proving to be a potent force in delivering tailored financial solutions.

This “dream team” approach allows credit unions to leverage fintech’s technological expertise while maintaining their community-focused ethos. Key areas of collaboration include digital payments, personalized financial management tools, and enhanced loan processing capabilities. These partnerships not only enhance member engagement but also enable credit unions to remain competitive in an increasingly digital-first financial environment.

Industry analysts emphasize that such collaborations underscore a broader trend of traditional financial institutions embracing fintech-driven solutions to bridge service gaps and foster innovation.

Source: PYMNTS

Tackling Student Loan Debt: A Fintech’s Mission

Student loan debt remains a pressing issue for millions of Americans, and a Rochester-based fintech aims to offer relief through its cloud-based platform. This innovative solution is designed to simplify loan management and provide borrowers with actionable insights to reduce their debt burden.

The platform’s features include repayment optimization tools, personalized financial education, and seamless integration with loan servicers. By addressing the complexities of student loan management, this fintech is empowering borrowers to make informed decisions and achieve financial stability.

As the student loan crisis continues to evolve, solutions like this highlight the critical role fintech can play in addressing systemic financial challenges while fostering financial literacy and inclusion.

Source: RBJ

Industry Implications and Takeaways

Today’s updates underscore several key themes shaping the fintech landscape:

  1. Regulatory Milestones: ZBD’s MiCA license approval exemplifies the importance of regulatory compliance in unlocking growth opportunities.
  2. Strategic Partnerships: The collaboration between fintechs and credit unions demonstrates the value of combining technological innovation with traditional financial models to drive customer-centric solutions.
  3. Market Opportunities: Chime’s IPO move reflects a potential revival in fintech public offerings, signaling confidence in the sector’s long-term prospects.
  4. Social Impact: Fintech’s ability to tackle systemic issues, such as student loan debt, showcases its role as a force for positive change.

 

The post Fintech Pulse: Your Daily Industry Brief (Chime, ZBD, MiCA) appeared first on News, Events, Advertising Options.

Advertisement
Continue Reading

Fintech

SPAYZ.io prepares for iFX EXPO Dubai 2025

Published

on

spayz.io-prepares-for-ifx-expo-dubai-2025

Leading global payments platform SPAYZ.io has confirmed it will be attending iFX EXPO Dubai 2025 on 14 to 16 January. Exhibiting at Stand 64 at Trade Centre Dubai, SPAYZ.io’s team of professionals will be on hand providing live demonstrations of its renowned payment services for payment providers. Attendees will also receive exclusive insight into SPAYZ.io’s plans for 2025 alongside early early access to its upcoming plans for the new year.

SPAYZ.io delivers a host of payment solutions that leverage the latest technological innovations and open access to the fastest growing emerging markets across Africa, Europe and Asia. Over the past year, there has been huge demand for its Open Banking and local payment method services, alongside bank transfers, mass payouts, online banking and e-wallets.

Yana Thakurta, Head of Business Development at SPAYZ.io commented: “We look forward to once again participating at iFX Dubai to expand our network of partners and clients. It’s a fantastic way to kick off the year, connecting with thousands of industry leaders from FOREX platforms to trading companies, and everything in between.

“Our key goal for iFX Dubai EXPO 2025 is to expand our portfolio of solutions and geographies. We’re using this as an opportunity to partner with like-minded entities who share our ambition to provide payment solutions that are truly global.”

Come meet SPAYZ.io’s team at the Trade Centre Dubai at Stand 64. You can also book a meeting slot with a member of a team.

The post SPAYZ.io prepares for iFX EXPO Dubai 2025 appeared first on News, Events, Advertising Options.

Continue Reading

Fintech

Airtm Enhances Its Board of Directors with Two Strategic Appointments

Published

on

airtm-enhances-its-board-of-directors-with-two-strategic-appointments

Airtm, the most connected digital dollar account in the world, is proud to announce the addition of two distinguished industry leaders to its Board of Directors: Rafael de la Vega, Global SVP of Partnerships at Auctane, and Shivani Siroya, CEO & Founder of Tala. These appointments reflect Airtm’s commitment to innovation and financial inclusion as the company enters its next phase of growth.

“We are thrilled to welcome Rafael and Shivani to Airtm’s Board of Directors,” said Ruben Galindo Steckel, Co-founder and CEO of Airtm. “Their unique perspectives and proven track records will be invaluable as we continue scaling our platform to empower individuals and businesses in emerging markets. Together, we’ll push the boundaries of financial inclusion and innovation to create a more connected and equitable global economy. Rafael and Shivani bring a wealth of experience and strategic insight that will strengthen Airtm’s mission to connect emerging economies with the global market.”

Rafael de la Vega, a seasoned leader in fintech global partnerships and technology innovation, is currently the Global SVP of Partnerships at Auctane. With a proven track record of delivering scalable, impactful solutions at the intersection of fintech, innovation, and commerce, Rafael’s expertise will be pivotal as Airtm continues to grow. “Airtm has built a platform that breaks down barriers and opens up opportunities for people in emerging economies to connect to global markets. I am excited to contribute to its growth and help further its mission of fostering financial inclusion on a global scale,” said Rafael.

Shivani Siroya, CEO and Founder of Tala, is a pioneer in financial technology, renowned for empowering underserved communities through access to credit and essential financial tools. Her leadership in leveraging data-driven innovation aligns seamlessly with Airtm’s vision of creating more equitable financial opportunities. “Empowering underserved communities has always been at the core of my work, and Airtm’s mission resonates deeply with me. I’m thrilled to join the Board and work alongside such a dynamic team to expand access to financial tools that truly make a difference in people’s lives,” said Shivani.

The post Airtm Enhances Its Board of Directors with Two Strategic Appointments appeared first on News, Events, Advertising Options.

Continue Reading

Trending