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The Largest FinTech Companies in Asia

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Written By Robert Bagatsing

Chief Editor and Founder | Social Entrepreneur | Social Investor | Survived Strategic Marketing @ Harvard Business School | San Beda Grad | Proud Father to Lincoln Martin | Based in Manila, Dubai, Melbourne

April 16, 2022

FinTech is a term used to describe any technological innovation in the financial services industry. The sector has been booming in recent years, with startups and incumbents alike rushing to adopt new technologies such as blockchain, artificial intelligence, and machine learning. In this article, we will take a look at the largest FinTech companies in Asia by market capitalization.

Here are the Top 57 largest FinTech Companies in Asia.

Ant Financial

https://www.antgroup.com/en

Rank: No. 1

Est. Market Capitalization: $312 Billion

Country: China

Category: Open Banking API

Ant Financial, the affiliate company of Alibaba, is the largest FinTech company in Asia and the Pacific. The company offers a wide range of financial services, including payments, loans, and insurance. Ant Financial is also well known for its innovative products and services, such as Alipay, which is the most popular online payment platform in China. In addition to its core businesses, Ant Financial has been investing in other areas such as artificial intelligence (AI) and blockchain technology.

This FinTech colossus has a total value of transactions processed, with total assets of $460 billion as of January 2018. The company is a subsidiary of Alibaba Group Holding Ltd., and provides mobile payment, credit scoring, and lending services. Ant Financial operates the world’s largest online payments platform, Alipay, which has over 520 million active users.

Tencent (Fintech business)

https://www.tencent.com/en-us/business.html

Rank: No. 2

Est. Market Capitalization: $183.51 Billion

Country: China

Category: RegTech

Tencent Holdings, Ltd. is a Chinese multinational investment holding conglomerate whose subsidiaries specialize in various Internet-related services and products, entertainment (TikTok), artificial intelligence and financial technology. It is one of the largest technology companies in the world and ranks fifth in market value as of 2019.

The company was founded in 1998 by Ma Huateng, Zhang Zhidong, Xu Chenye, and Liu Chi-ping. Its first product was a web portal for Chinese users. Tencent’s most notable products include the social media platform WeChat and the gaming platforms Honor of Kings and League of Legends. In 2017, it became the first Asian company to be worth over $500 billion.

Tencent has made significant investments in FinTech businesses around the world, including a 40% stake in US-based online payments company PayPal Holdings Inc.

Gojek

https://www.gojek.com/

Rank: No. 3

Market Capitalization: $35 Billion

Country: Indonesia

Category: Paytech

Gojek is a technology company based in Indonesia that operates in the FinTech industry. The company was founded in 2010 by Nadiem Makarim and has since become one of the largest FinTech companies in Asia. Gojek offers a wide range of financial services, including mobile payments, peer-to-peer payments, and money transfers. The company has also developed several innovative products, such as Go-Pay, which is Indonesia’s largest mobile payment platform. Gojek is currently expanding beyond Indonesia and plans to launch operations in other countries in Southeast Asia.

FTX

https://ftx.com/en

Rank: No. 4

Est. Market Capitalization: $25 Billion

Country: Hong Kong, China

Category: Cryptocurrency

FTX is a cryptocurrency exchange company based in Hong Kong. It was founded by Sam Bankman-Fried. The company offers a platform for trading digital assets and provides services such as margin trading, over-the-counter (OTC) trading, and futures trading. FTX also offers a unique product called “Altscanner” which allows users to view real-time prices and volume data for all the top cryptocurrencies.

The company has seen rapid growth since its inception, after it has raised $400 million in a Series C funding round, leading to price increases that pushed its worth to $32 billion. When it was valued at around $25 billion in October 2021, it had raised upwards of $420 million. FTX is notable for being one of the few exchanges to offer leveraged trading products.

Lufax

https://www.lufaxholding.com/

Rank: No. 5

Est. Market Capitalization: $13.31 Billion

Country: China

Category: WealthTech

Lufax is one of the largest FinTech companies in Asia, and it is based in China. The company has been in business since 2012, and it has become a major player in the financial services industry. Lufax offers a wide range of products and services, including investment products, wealth management, and peer-to-peer lending. The company has also been expanding rapidly, and it now has offices in more than a dozen countries around the world. Lufax is well-positioned to continue its growth in the years ahead, and it is likely to play a major role in the development of FinTech in Asia.

Grab Singapore

https://www.grab.com/sg/

Rank: No. 6

Est. Market Capitalization: $11.97 Billion

Country: Singapore

Category: Financial Infrastructure

Grab Singapore is one of the largest FinTech companies in Asia. The company offers a variety of services, including ride-hailing, food delivery, and financial services. In addition to its operations in Singapore, Grab also has a presence in other countries in Southeast Asia. The company has been growing rapidly and has attracted investment from some of the world’s biggest companies, including SoftBank and Toyota. Grab is now looking to expand beyond Southeast Asia and become a global player in the FinTech industry.

Grab Malaysia

https://www.grab.com/my/

Rank: No. 7

Est. Market Capitalization: $11.97 Billion

Country: Malaysia

Category: Financial Infrastructure

Grab is one of the largest FinTech companies in Asia. It was founded in Malaysia in 2012 and has since expanded to other countries in the region. The company offers a range of financial services, including payments, banking, and insurance. Grab is well known for its ride-hailing service, which is available in over 65 cities across Southeast Asia.

Bolttech

https://bolttech.io/

Rank: No. 8

Est. Market Capitalization: $11 Billion

Country: Singapore

Category: Insurtech

Bolttech is one of the largest FinTech companies in Asia, with a strong presence in Singapore. The company offers a wide range of financial services and APIs to help businesses grow and scale. Bolttech has developed an innovative platform that enables users to access a variety of financial products and services quickly and easily. The company is well-funded and has a talented team of engineers who are constantly developing new ways to improve the user experience.

Razorpay

https://razorpay.com/

Rank: No. 9

Est. Market Capitalization: $7.5 Billion

Country: India

Category: PayTech

FinTech, or financial technology, is a term used to describe the use of technology in the financial sector. This can include anything from mobile banking to online payments. Razorpay is one of the largest FinTech companies in Asia, based in India. The company was founded in 2014 by two friends, Harshil Mathur and Shashank Kumar. Razorpay is an online payment platform for small and medium businesses in India. The company provides a range of products that include Invoice & Payment, Cash Management and Payroll.

Viva Republica

https://toss.im/en

Rank: No. 10

Est. Market Capitalization: $7.4 Billion

Country: South Korea

Category: PayTech

Today, there are many FinTech companies throughout the world. Some of the largest and most successful companies are based in Asia, including Viva Republica in South Korea. Viva Republica is one of the largest and most successful FinTech companies in all of Asia. The company was founded in 2014 by two friends, both of whom had experience in the banking industry. They were motivated to create a company that would make it easier for people to access financial services.

Viva Republica’s first product was Toss, a mobile app that allows users to transfer money to each other quickly and easily. Toss became very popular, and the company soon expanded into other areas such as payments and loans. Today, Viva Republica is one of the leading providers of financial services in South Korea. The company has been praised for its innovative products and its commitment to customer satisfaction.

Paytm

https://paytm.com/

Rank: No. 11

Est. Market Capitalization: $5.86 Billion

Country: India

Category: Financial Infrastructure

Paytm is one of the largest FinTech companies in Asia. The company is based in India, and it has been growing rapidly in recent years. Paytm offers a variety of services, including mobile payments, online shopping, and money transfers. The company has been praised for its innovative products and its strong customer service. Paytm has also been successful in attracting investors, and it has raised more than $2 billion in funding to date.

Oxyzo

https://www.oxyzo.in/

Rank: No. 12

Est. Market Capitalization: $5 Billion

Country: India

Category: PayTech

Oxyzo is a FinTech company that is one of the largest in Asia. It is based in India, and it offers a variety of services to its customers, including online payments, lending, and insurance. Oxyzo has been operational for over six years, and it has become one of the most trusted names in the FinTech industry. The company has a strong focus on innovation, and it is always looking for new ways to improve its products and services. Oxyzo has also been very successful in attracting investment, and it has raised over $100 million in funding to date. This has allowed the company to expand rapidly and serve more customers around the world.

ZhongAn

https://www.zhongan.com/

Rank: No. 13

Est. Market Capitalization: $4.91 Billion

Country: China

Category: Insurtech

ZhongAn, one of the largest FinTech companies in Asia, is based in China. The company has been operational since 2013 and offers a wide range of services, including online insurance, asset management, and financial products. ZhongAn has more than 700 million customers and is the largest online insurer in the world. The company’s revenues have grown rapidly in recent years, reaching $2.9 billion in 2017. ZhongAn is also one of the most valuable startups in the world, with a valuation of $10 billion.

Policybazaar

https://www.policybazaar.com/

Rank: No. 14

Est. Market Capitalization: $4.56 Billion

Country: India

Category: Insurtech

Policybazaar, one of the largest FinTech companies in Asia, is based in India. The company was founded in 2008 by Yashish Dahiya and his friends. Policybazaar is an online marketplace for insurance products. The company has more than 100 employees and has raised over $200 million in funding.

Du Xiaoman Financial

https://www.duxiaoman.com/

Rank: No. 15

Est. Market Capitalization: $4 Billion

Country: China

Category: BNPL

Du Xiaoman Financial is one of the largest FinTech companies in Asia. It is based in China, and it has a wide range of products and services that it offers to its customers. Some of the products and services that Du Xiaoman Financial offers include online payments, mobile payments, and financial management tools. The company also has a strong focus on innovation, and it is constantly working on new ways to improve its products and services.

Cred

https://cred.club/

Rank: No. 16

Est. Market Capitalization: $4 Billion

Country: India

Category: PayTech

When it comes to the world of financial technology, or “FinTech,” there are a few countries that immediately come to mind. The United States and the United Kingdom are two of the most notable examples, with their long-standing histories in finance and technological innovation. However, there is one country that is quickly emerging as a key player in the FinTech space: India.

One of the largest FinTech companies in Asia is Cred, based in India. Cred has over 150 employees and has raised over $60 million in funding from top-tier investors such as Sequoia Capital, Lightspeed Venture Partners, and PayPal Holdings Inc. Cred offers a variety of products and services, including consumer loans, small business loans, and digital payments.

Digit Insurance

https://www.godigit.com/

Rank: No. 17

Est. Market Capitalization: $3.5 Billion

Country: India

Category: Insurtech

Digit Insurance is one of the largest FinTech companies in Asia. It is based in India, and it has been operating since 2015. The company offers a variety of products, including life insurance, health insurance, and car insurance. Digit Insurance has more than 500,000 customers and is growing rapidly. The company plans to expand into other countries in the region in the near future.

ChargeBee Technologies

https://www.chargebee.com/

Rank: No. 18

Est. Market Capitalization: $3.5 Billion

Country: India

Category: SaaS

ChargeBee Technologies is one of the largest FinTech companies in Asia, with headquarters in India. The company provides subscription billing and recurring payments software to businesses all over the world. ChargeBee was founded in 2012 by a team of engineers who were passionate about solving complex billing problems. Since then, the company has grown rapidly, and now serves more than 3,000 customers in over 100 countries.

Upstox

https://upstox.com/

Rank: No. 19

Est. Market Capitalization: $3.4 Billion

Country: India

Category: SaaS

Upstox is one of the largest FinTech companies in Asia, with a focus on India. Upstox was founded in 2013 by two IIT graduates, Ruchit Jain and Ram Gupta. Upstox is based in Gurgaon, India, and has over 250 employees. Upstox is a broker-dealer and offers online trading services for stocks, derivatives, and mutual funds.

Liquid

https://www.liquid.com/

Rank: No. 20

Est. Market Capitalization: $3.2 Billion

Country: Japan

Category: Cryptocurrency

Liquid is a cryptocurrency exchange based in Japan that ranks among the largest FinTech companies in Asia. The company has been operational since 2014 and boasts a user base of over 3 million people. Liquid offers both a spot trading platform and a derivative product known as Futures Contracts. The Futures Contracts allow users to speculate on the future price of various cryptocurrencies.

Pine Labs

https://www.pinelabs.com/

Rank: No. 21

Est. Market Capitalization: $3.0 Billion

Country: India

Category: PayTech

In India, Pine Labs is one of the largest FinTech companies. The company is a paytech company, meaning it provides payment processing services. Some of the services Pine Labs provides include card-not-present transactions, digital payments, and mobile payments. The company has been operational since 1998 and has over 2,000 employees. Pine Labs is headquartered in Gurgaon, Haryana.

Groww

https://groww.in/

Rank: No. 22

Est. Market Capitalization: $3.0 Billion

Country: India

Category: WealthTech

FinTech is a term used to describe the fusion of technology and financial services. It covers a broad range of services, from mobile payments and banking to wealthtech and regtech. In Asia, the FinTech sector is booming, with startups and investors alike rushing to capitalize on the opportunities presented by the region’s large population and fast-growing economy.

One of the leading players in Asia’s FinTech space is Groww, a wealthtech company based in India. Founded in 2016, Groww has quickly established itself as one of the region’s most innovative and promising FinTech startups. The company offers a range of products and services that help Indian consumers save money and invest in stocks and mutual funds.

Amber Group

https://www.ambergroup.io/

Rank: No. 23

Est. Market Capitalization: $3.0 Billion

Country: Singapore

Category: Cryptocurrency

Amber Group is one of the largest FinTech companies in Asia. They are a cryptocurrency company based in Singapore that specializes in digital asset management and blockchain technology. Amber Group was founded in 2014 by CEO Jimmy Nguyen and COO Jeff Garzik. Nguyen is a veteran of the tech industry, having served as CEO of NewsCorp’s Fox Interactive Media and president of Dell’s digital media division. Garzik is a software engineer who has worked on projects such as Linux kernel development and BitPay, one of the first Bitcoin payment processors. Amber Group has made significant investments in blockchain technology, and they are focused on developing products and services that will make it easier for businesses to adopt cryptocurrencies.

Sky Mavis

https://www.skymavis.com/

Rank: No. 24

Est. Market Capitalization: $3.0 Billion

Country: Vietnam

Category: Blockchain

Sky Mavis is one of the largest FinTech companies in Asia. They are a blockchain company based in Vietnam. Sky Mavis has been operational for over two years and they have successfully raised over $1 million in funding. Their goal is to provide innovative financial solutions to their clients, including blockchain technology-based products and services.

Ovo

https://www.ovo.id/

Rank: No. 25

Est. Market Capitalization: $2.9 Billion

Country: Indonesia

Category: PayTech

Ovo, headquartered in Jakarta, Indonesia, is one of the largest FinTech companies in Asia. It is a leading paytech company, providing digital payment solutions to consumers and businesses across the region. Ovo has been operational since 2013 and has since grown to become one of the most popular digital payment platforms in Indonesia. The company offers a range of innovative payment products and services, including online and mobile payments, remittances, and e-commerce payments. Ovo has also partnered with a number of leading financial institutions and technology companies to expand its reach and provide more comprehensive payment solutions.

BharatPe

https://bharatpe.com/

Rank: No. 26

Est. Market Capitalization: $2.85 Billion

Country: India

Category: PayTech

BharatPe is one of the largest FinTech companies in Asia. The company is based in India and offers a paytech platform that allows users to make digital payments. BharatPe has raised $75 million in funding to date and has partnerships with some of the largest banks in India. The company’s goal is to provide a simple and easy-to-use platform for making digital payments.

Lakala

http://www.lakala.com/

Rank: No. 27

Est. Market Capitalization: $2.62 Billion

Country: China

Category: PayTech

Lakala, one of the largest FinTech companies in Asia, is a paytech company based in China. The company offers a mobile payment service that allows users to make payments and transfers through their smartphones. Lakala also offers a cloud-based payment platform that enables businesses to process online and mobile payments. The company has more than 100 million registered users and processes more than 1 billion transactions each year.

Toss

https://toss.im/en

Rank: No. 28

Est. Market Capitalization: $2,6 Billion

Country: South Korea

Category: PayTech

In South Korea, there is one FinTech company that is head and shoulders above the rest. Toss is a paytech company that has become one of the largest in Asia. The company allows users to make payments and transfers easily and quickly, with a focus on mobile payments. Toss was founded in 2014 by Song Chi-Hyung and Jiho Park. Park is the current CEO of the company, while Song serves as the CTO.

Paidy

https://paidy.com/

Rank: No. 29

Est. Market Capitalization: $2.4 Billion

Country: Japan

Category: PayTech

One of the largest FinTech companies in Asia is Paidy, a paytech company based in Japan. The company has been operational since 2013 and has raised over $60 million in funding from investors such as SBI Investment, GMO Ventures, and Recruit Holdings. Paidy offers a payment platform that allows customers to make online payments using their bank account or credit card information. The company also offers a co-branded credit card with Sumitomo Mitsui Card Corporation. In addition to its payment platform, Paidy also operates an online marketplace called Paidy Mall that allows customers to purchase products and services from merchants using their Paypal account or credit card information.

CGTZ

https://www.cgtz.com/

Rank: No. 30

Est. Market Capitalization: $2.4 Billion

Country: China

Category: WealthTech

CGTZ is one of the largest FinTech companies in Asia. It is a wealthtech company based in China. The company was founded in 2014 by Zhang Wei and has since become one of the most successful FinTech companies in China. CGTZ focuses on providing wealth management products and services to individual investors and institutional investors. The company has over 1,000 employees and operates in more than 20 provinces across China.

Read Morelogis

Rank: No. 31

Est. Market Capitalization: $2.08 Billion

Country: China

Category: Financial Infrastructure

In the fast-paced world of technology, companies must move quickly to stay ahead of the competition. For this reason, Read Morelogis is one of the largest FinTech companies in Asia. Based in C, Read Morelogis is an infrastructure company that provides innovative solutions for businesses and consumers. Their products include cloud storage, big data analysis, and mobile commerce. In addition to their cutting-edge technology, Read Morelogis also has a strong commitment to customer service. They work with clients to develop tailored solutions that meet their specific needs. As a result, Read Morelogis is quickly becoming one of the leading providers of FinTech services in Asia.

Waterdrop

https://www.waterdrop-inc.com/

Rank: No. 32

Est. Market Capitalization: $2.0 Billion

Country: China

Category: Insurtech

Waterdrop is a Chinese insurtech company that is one of the largest in Asia. The company offers online insurance products and services to consumers in China. Waterdrop was founded in 2016 by Zhang Peng and Chen Chao. The company has raised over $100 million in funding from investors such as Sequoia Capital, Matrix Partners, and ZhenFund.

Nium

https://www.nium.com/

Rank: No. 33

Est. Market Capitalization: $2.0 Billion

Country: Singapore

Category: PayTech

Nium is a Singapore-based paytech company that has become one of the largest FinTech companies in Asia. The company offers a variety of payment solutions, including online and mobile payments, cross-border payments, and corporate payments. Nium’s products are used by more than 1,000 businesses in over 20 countries. The company has been recognized for its innovation and its commitment to customer service.

Mynt

https://www.mynt.xyz/

Rank: No. 34

Est. Market Capitalization: $2.0 Billion

Country: Philippines

Category: PayTech

Mynt is a FinTech company that is based in the Philippines. It is one of the largest companies in Asia, and it focuses on paytech (mobile and credit). The unicorn company is owned by Globe Telecom. This means that it helps businesses and consumers to make payments electronically. Mynt has raised more than $300 million with a valuation of $2 billion, and it has quickly become a leading player in the industry. It offers a number of services, including mobile payments, online payments, and remittances. Mynt is also working on developing new products that will help to further expand its reach into the FinTech market.

Zerodha

https://zerodha.com/

Rank: No. 35

Est. Market Capitalization: $2.0 Billion

Country: India

Category: SaaS

Zerodha is one of the largest FinTech companies in Asia. It is a SaaS company based in India, and it was founded in 2010. Zerodha has more than 1 million clients, and it offers a wide range of services, including stock trading, mutual funds, and derivatives. Zerodha is known for its low costs and its innovative products. It has been praised by both customers and industry experts, and it has been featured in several leading publications.

MoMo

https://momo.vn/

Rank: No. 36

Est. Market Capitalization: $2.0 Billion

Country: Vietnam

Category: Neobanks / Challenger Banks

MoMo, a challenger bank based in Vietnam, is one of the largest FinTech companies in Asia. The company was founded in 2010 by Nguyen Trong Hoa and Ton That Tung. MoMo offers a wide range of financial services, including mobile payments, money transfers, and loans. The company has been very successful and has attracted millions of users.

Today, MoMo is one of the largest FinTech companies in Asia, with more than 10 million users and a valuation of over US$1 billion. The company has been a challenger bank since it was founded in 2010, introducing new products and services to the Vietnamese market before the big banks did. MoMo was also among the first companies in Vietnam to offer mobile payments and peer-to-peer (P2P) payments.

CoinSwitch

https://coinswitch.co/

Rank: No. 37

Est. Market Capitalization: $2.0 Billion

Country: India

Category: Cryptocurrency

FinTech companies are on the rise, with more and more people relying on them to conduct transactions. One of the largest FinTech companies in Asia is CoinSwitch, a cryptocurrency company based in India. CoinSwitch is a platform that allows users to compare exchange rates for different cryptocurrencies and to make transactions using those cryptocurrencies. The company has been growing rapidly, and it now has over 250,000 users. CoinSwitch offers a variety of features, including the ability to buy and sell cryptocurrencies, track prices, and receive real-time updates on cryptocurrency prices. The company also offers 24/7 customer support.

Akulaku

https://www.akulaku.com/

Rank: No. 38

Est. Market Capitalization: $1.75 Billion

Country: Indonesia

Category: BNPL

Akulaku is one of the largest FinTech companies in Asia. Based in Indonesia, Akulaku offers a BNPL (buy now, pay later) service that has quickly gained popularity across the region. The company has been praised for its user-friendly interface and innovative approach to online payments. Akulaku is also committed to providing excellent customer service, and has won several awards for its customer support initiatives.

Hyperchain

https://www.hyperchain.cn/en

Rank: No. 39

Est. Market Capitalization: $1.5 Billion

Country: China

Category: Cryptocurrency

Hyperchain is a Chinese cryptocurrency company that is one of the largest in Asia. It was founded in 2016 and has since become a leading player in the industry. Hyperchain has developed a number of products and services, including a digital asset platform, a digital asset trading platform, and a digital asset management platform. The company is also involved in blockchain research and development.

Aspire

https://aspireapp.com/

Rank: No. 40

Est. Market Capitalization: $1.5 Billion

Country: Singapore

Category: PayTech

Aspire is a Singapore-based company that provides payment technology solutions. It is one of the largest and most well-funded FinTech companies in Asia, and it has partnerships with some of the biggest banks in the world. Aspire’s products include a mobile payments platform, a corporate payments solution, and a cloud-based treasury management system. The company is growing rapidly and has plans to expand into new markets in the region.

Ascend Money

https://www.ascendmoneygroup.com/

Rank: No. 41

Est. Market Capitalization: $1.5 Billion

Country: Thailand

Category: Open Banking APIs

Ascend Money is one of the largest FinTech companies in Asia. The company is based in Thailand and provides open banking services to consumers and businesses in the country. Ascend Money offers a variety of products and services, including payments, financial planning, and investment advice. The company has been expanding rapidly in recent years and now operates in several countries across Southeast Asia.

TrueMoney

https://www.truemoney.com/

Rank: No. 42

Est. Market Capitalization: $1.5 Billion

Country: Thailand

Category: PayTech

TrueMoney is one of the largest FinTech companies in Asia. The company is a paytech company that is based in Thailand. TrueMoney has a wide reach throughout Southeast Asia, and the company offers a variety of services that include payments, remittances, and financial services. In addition to its operations in Thailand, TrueMoney also has a presence in Malaysia, Indonesia, the Philippines, and Vietnam.

Zeta

https://www.zeta.tech/

Rank: No. 43

Est. Market Capitalization: $1.45 Billion

Country: India

Category: Neobanks / Challenger Banks

Zeta is one of the largest FinTech companies in Asia. It is a challenger bank based in India that offers a variety of innovative products and services to its customers. Some of Zeta’s most popular offerings include its mobile wallet, merchant payments, and employee benefits solutions. The company has been able to grow rapidly due to its focus on providing cutting-edge technology and excellent customer service. Zeta is committed to helping its customers save time and money, and it continues to expand its reach throughout Asia.

FWD

https://www.fwd.com/

Rank: No. 44

Est. Market Capitalization: $1.4 Billion

Country: Hong Kong, China

Category: Insurtech

Insurtech company FWD is one of the largest in Asia, and it’s based in Hong Kong. The company has a wide range of products, including life insurance, health insurance, and pet insurance. They also offer a number of services, such as online claims submission and 24/7 customer service. FWD is committed to providing quality service and products to their customers, and they continue to grow rapidly throughout Asia.

CredAvenue

https://www.credavenue.com/

Rank: No. 45

Est. Market Capitalization: $1.3 Billion

Country: India

Category: Neobanks / Challenger Banks

CredAvenue is one of the largest FinTech companies in Asia. They are a challenger bank company based in India. CredAvenue was founded in 2014, and they have quickly become one of the leading providers of financial services in India. They offer a variety of products and services, including loans, credit cards, and insurance products. CredAvenue is committed to providing innovative financial solutions that meet the needs of their customers.

CoinDCX

https://coindcx.com/

Rank: No. 46

Est. Market Capitalization: $1.1 Billion

Country: India

Category: Cryptocurrency

CoinDCX is one of the largest FinTech companies in Asia. It is a cryptocurrency company based in India that offers a variety of services, including a digital asset exchange, a merchant payment gateway, and a custody solution. The company has been operational for over two years and has more than 150,000 users. CoinDCX is committed to providing its users with a safe and easy-to-use platform for buying and selling cryptocurrencies.

Acko

https://www.acko.com/

Rank: No. 47

Est. Market Capitalization: $1.1 Billion

Country: India

Category: Insurtech

Acko is one of the largest FinTech companies in Asia. It is an insurtech company based in India. Acko was founded in 2016 by Varun Dua, who is also the CEO. The company has raised over $115 million in funding from investors such as SoftBank, Ratan Tata, and others. Acko is a digital insurer that offers insurance products such as car, health, and travel insurance online. The company has over 1 million customers and expects to grow significantly in the coming years.

WeLab

https://www.welab.co/en/

Rank: No. 48

Est. Market Capitalization: $1.00 Billion

Country: China

Category: Neobanks / Challenger Banks

WeLab is one of the largest FinTech companies in Asia. It is a challenger bank company based in China. WeLab offers mobile banking and financial services to consumers and small businesses in China. The company has raised over $200 million in funding, and it has more than 1 million users. WeLab plans to expand its services to other countries in Asia.

Liquid Global

https://www.liquid.com/

Rank: No. 49

Est. Market Capitalization: $1.00 Billion

Country: Japan

Category: Cryptocurrency

Liquid Global is one of the largest FinTech companies in Asia. They are a cryptocurrency company based in Japan that offers a variety of services related to digital currencies. Some of their most popular services include exchanges, payments, and loans. Liquid Global has been operational since 2014 and has grown to become one of the most well-known and respected companies in the industry.

VNLife

https://vnlife.vn/

Rank: No. 50

Est. Market Capitalization: $1.00 Billion

Country: Vietnam

Category: Financial Infrastructure

In recent years, Vietnam has become a major player in the FinTech industry. One of the largest companies in the country is VNLife, an infrastructure provider that helps banks and other financial institutions develop and deploy innovative technologies. The company has a strong track record of success, and its products are used by some of the biggest players in the market. VNLife is committed to helping its clients stay ahead of the curve, and it looks poised to continue leading the way in FinTech innovation in Asia.

Matrixport

https://www.matrixport.com/

Rank: No. 51

Est. Market Capitalization: $1.00 Billion

Country: Singapore

Category: Cryptocurrency

Matrixport is one of the largest cryptocurrency companies in Asia. The company is based in Singapore and offers a wide range of services related to digital currencies and blockchain technology. Matrixport has developed an impressive infrastructure that allows users to buy, sell, trade, and store cryptocurrencies securely. The company also provides a number of tools and services for businesses that want to get involved in the cryptocurrency market.

Xendit

https://www.xendit.co/en/

Rank: No. 52

Est. Market Capitalization: $1.00 Billion

Country: Indonesia

Category: PayTech

Xendit is a payment technology company that is headquartered in Indonesia. The company was founded in 2014 and has quickly become one of the largest FinTech companies in Asia. Xendit offers a variety of products and services, including merchant payments, peer-to-peer payments, and remittances. The company’s goal is to simplify the payment process for businesses and consumers alike. Xendit has received several awards and accolades, including being named one of the top 50 FinTech companies in the world by KPMG.

JimuBox

http://www.jimubox.com/

Rank: No. 53

Est. Market Capitalization: $1.00 Billion

Country: China

Category: WealthTech

JimuBox is a Chinese wealthtech company that is one of the largest FinTech companies in Asia. The company offers a wide range of services, including investment advice, asset management, and insurance. JimuBox has raised over $200 million in funding and has over 1 million users.

Dunamu

https://www.dunamu.com

Rank: No. 54

Est. Market Capitalization: $1.00 Billion

Country: South Korea

Category: WealthTech

Dunamu is a major player in Asia’s FinTech industry. The company is based in South Korea and focuses on wealthtech, or the use of technology to manage wealth. Dunamu operates a number of popular online services, including the Kakao Bank mobile app. The company has been praised for its innovative products and its commitment to customer service. Dunamu is one of the largest FinTech companies in Asia, and it is sure to play a major role in the region’s future economy.

Ajaib

https://ajaib.co.id/

Rank: No. 55

Est. Market Capitalization: $1.00 Billion

Country: Indonesia

Category: SaaS

Ajaib, one of the largest FinTech companies in Asia, is a paytech company based in Indonesia. The company has developed a mobile payments platform that allows users to make payments and transfers through their phones. Ajaib also offers other financial services, such as loans and insurance. The company’s goal is to provide easy and convenient access to financial services for all Indonesians.

Slice

https://www.sliceit.com/

Rank: No. 56

Est. Market Capitalization: $1.00 Billion

Country: India

Category: PayTech

Slice is a paytech company that is one of the largest in Asia. It is based in India, and it offers a variety of services that include online payments, mobile payments, and bill payments. Slice has been operational for over six years and has helped to revolutionize the way that people pay for goods and services in India. The company has also expanded into other countries in Asia, including Malaysia and Singapore. Slice is committed to providing its customers with a safe, easy, and convenient way to make payments online and via mobile devices.

Fenbeitong

https://www.fenbeitong.com/

Rank: No. 57

Est. Market Capitalization: $1.00 Billion

Country: China

Category: SaaS

In recent years, China has become a global powerhouse in the technology industry. Numerous Chinese companies have achieved significant success in the global marketplace, and one of the most successful is Fenbeitong. Fenbeitong is a SaaS company that provides software as a service to businesses all over the world. The company has been incredibly successful, and it currently ranks as one of the largest FinTech companies in Asia. Fenbeitong has a strong track record of providing innovative and effective solutions to its customers, and it continues to grow at a rapid pace. The company’s success is due in part to its talented team of engineers and executives, who have developed an impressive product that meets the needs of businesses all over the world.

Waterdrop Nium Mynt Zerodha MoMo CoinSwitch Akulaku Hyperchain Aspire Ascend Money TrueMoney Zeta FWD CredAvenue CoinDCX Acko WeLab Liquid Global VNLife Matrixport Xendit JimuBox Dunamu Ajaib Slice Fenbeitong
Largest FinTech Companies in Asia

Conclusion:

This article outlined the top 57 largest FinTech companies in Asia. Asian FinTech companies are continuously growing their footprint in the banking, finance, insurance, SaaS, wealthtech, cryptocurrency, insurtech, regtech, and finance infrastructure.

The article you are reading outlines the top 57 largest FinTech companies in Asia. Asian FinTech companies are on the rise, and this is especially apparent in the payments sector. In fact, a recent study by Accenture showed that 43 percent of all FinTech investment in 2019 was made in Asia. This is up from just 31 percent in 2018.

There are many reasons for this growth. For starters, there is a large and growing population of digital natives in Asia who are comfortable with using technology to do their banking. At the same time, regulators in many countries are becoming more supportive of FinTech innovation. Finally, there is a lot of venture capital available in the region to support new companies.

This trend is likely to continue into 2017 and beyond.

 

 

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