India FinTech Forum, a non- profit fintech advocacy group that represents Indian fintech companies, has announced 28 fintech startups that will be showcasing their product demos to a high-profile jury from 23rd November – 25th November 2021 to compete for the Fintech Startup of the Year trophy at the 6th edition of India FinTech Awards (IFTA). 6 fintech companies are going to compete for the Fintech Scaleup of the Year award. The event will be held online from 23rd November 2021 at

Companies that support this initiative include Perfios Software Solutions, PayU, CashRich, KUDOS, Huobi Global, TransUnion CIBIL, Easebuzz, Gupshup. IFTA finalists will demo innovations in diverse fintech verticals including banking infrastructure, artificial intelligence (AI), digital lending, cryptocurrency, RegTech, robo-advisory, digital identity, payments, InsurTech and more.

Past winners of IFTA have cumulatively raised over USD 3 billion in funding till date. Nitya Sharma, Co-Founder & CEO, Simpl and winner of IFTA Fintech Startup of the Year 2021 commented:

“We are both happy and proud to be awarded Fintech Startup of the Year, as an acknowledgement of the hard work we have put into building a product that completely reimagines the payment experience, both for merchants and consumers.”

Numerous fintech startups from across the globe apply for IFTA each year and go through two rounds of shortlisting by event partners, startup accelerators and experts from the sector. The finalists get an opportunity to demo their innovation in front of a distinguished Panel of Judges composed of eminent thought leaders from the finance and technology space. After thorough deliberation on numerous strong applications, 28 startups and 6 scaleup companies have been shortlisted to compete at IFTA 2021.

IFTA is proud to present the finalists for Fintech Startup of the Year 2021:

  1. 3Cortex (India)
  2. AccuraScan (UAE)
  3. BukuWarung (Indonesia)
  4. Card91 (India)
  5. CredAble (India)
  6. Credlix (India)
  7. Decentro (India)
  8. Epifi Technologies (India)
  9. EpikinDiFi (India)
  10. herecredit (India)
  11. Inferyx (USA)
  12. Karza Technologies (India)
  13. KreditBee (India)
  14. Lend Partners (India)
  15. Money View (India)
  16. Nerve Solutions (India)
  17. Niyo Solutions (India)
  18. PartnerHUB (Hungary)
  19. Quicken (USA)
  20. reach52 (Singapore)
  21. Refyne (India)
  22. Smartcoin Financials (India)
  23. Stockal (USA)
  24. (India)
  25. Turtlemint (India)
  26. WealthDesk (India)
  27. Xpedize (India)
  28. ZebPay (India)

IFTA is proud to present the finalists for Fintech Scaleup of the Year 2021:

  1. Celusion Technologies (India) – Celusion Technologies develops Enterprise Applications focusing on Unified Account Opening and Digital Lending Platform.
  2. Craft Silicon (India) – Craft Silicon’s product suite has been designed to cover the entire Microlending value chain including Core Loan Management, Group and Individual Loan Origination, Collection, Disbursement, etc.
  3. Decimal Technologies (India)- Decimal Technologies is focused on digitalising BFSI, and offers solutions to reduce customer acquisition costs by moving the digital touch point closer to the customer.
  4. IDfy (India) – IDfy provides verification solutions that identifies entities to prevent fraud and reduce risk.  They offer solutions to increase trust with minimal friction.
  5. Intralinks (USA) – Intralinks facilitates strategic initiatives such as mergers and acquisitions, capital raising and investor reporting.
  6. Sub-K (India) – Sub-K is a digital finance company that offers affordable, accessible and scalable financial and payment services to the BoP segment.
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Nikoleta Yanakieva Editor at DevStyleR International