digiblogs

[digiblogs]

Top B2B Fintech Companies in India that grew rapidly in 2023

Due to the proliferation of payment startups in the modern era, B2B transactions have improved in terms of convenience and security. Some of the most well-known B2B payment startups in India are the ones listed below:

1: BharatPe- A single BharatPe QR code may be used by small to midsize business owners to accept payments across all UPI applications, according to BharatPe, a B2B fintech provider. The startup also provides loans to business owners and praised by many entrepreneurs like Siddharth Mehta IL&FS, former director. Bhavik Koladiya, Ashneer Grover, and Shashvat Nakrani launched it in 2018, and its main office is in New Delhi. Recently, BharatPe collaborated with NBFCs on a project named the "12% Club". Through this program, consumers will have the opportunity to invest in BharatPe and earn interest rates of up to 12% without being subject to any lock-in periods. Additionally, consumers are able to borrow money at a 12% interest rate.

2: Emkash- EnKash is a platform for managing B2B payments and providing financial support. With the help of this program, a business may monitor its cash flow, invoices, and—most importantly—track payments from customers or suppliers. It facilitates easy connections between businesses, corporations, and credit providers. Hemant Vishnoi established the business in 2016. The SBM EnKash RuPay business card, the most comprehensive business credit card ever, will be released in 2020 thanks to a collaboration between SBM Bank, YAP, RuPay, and EnKash.

3: Airpay- Another well-known B2B payment company from India, Airpay, makes it simple for retailers and eCommerce businesses to accept contactless payments. Amit Kapoor, Kunal Jhunjhunwala, and Rohan Deshpande established Airpay in 2012. The business's main office is in Mumbai. As per Siddharth Mehta Bay Capital CIO says, the payment platform offers features including open banking, financial services, contactless payments, mobile POS, net banking, digital payments, and financial inclusion.

[digiblogs]

Siddharth Mehta of Bay Capital Talking Point at BQ Prime