10 young fintech start-ups playing with disruptive tech in India

FRS Labs start-up has been providing fraud, risk, security services since 2010, reports Tech In Asia

Image
Sumit Chakraberty | Tech In Asia
Last Updated : Mar 17 2017 | 1:52 PM IST
A fintech transformation is under way in India. It began with the government working with tech evangelists to lay out the infrastructure: a biometrics-based Aadhaar ID for every citizen to enable authentication, and a unified payments interface (UPI) to simplify money transfer. Here are the ten potential disruptors:
 
Fingpay
Fingpay uses Aadhaar ID and biometric authentication to let merchants accepts digital payments even from customers who don’t have a card or wallet.
 
AnyTimeLoan

Also Read

AnyTimeLoan provides short-term unsecured loans to needy people. Loans of Rs 1,000 – 60 are given for 1 to 90 days.
 
FRS Labs 
FRS Labs start-up has been providing fraud, risk, and security services since 2010.

DSYH
DSYH stands for “don’t scratch your head.” The start-up helps sellers on e-commerce sites reconcile their accounts to ensure they are not losing out on receipts for returns, wrong charges, promotions, and so on
 
Sequretech
Sequretech tries to simplify it by building a risk profile based on metrics that change as an organization evolves. 

Perpule
Perpule provides a GPS-enabled app to identify a store and enable self-checkout.
 
S2Pay
S2Pay is another startup trying to solve the problem of hundreds of millions in India who don’t have the requisite internet connectivity or data plans to make digital payment.

vPhrase
Its AI-powered tool Phrazor converts complicated charts and tables into an easy narrative for a quick read.
 
Neuron
Neuron provides a platform for developers to build AI-powered apps that use natural language processing
 
Beewise
Beewise helps e-commerce and fintech players, such as lenders, to get user profiles based on purchase and financial data.
 
Rockmetric
Rockmetric helps its clients integrate user engagement data across web, mobile, email, telephony, and CRM. This is an excerpt from Tech in Asia. You can read the full article here

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Next Story