India’s financial services industry is rapidly growing, supported by rising income levels, increased commercial tech and business activity and financial inclusion initiatives for underserved and unbanked populations. It’s a diverse professional sector that includes fintech, banking and non-bank financial institutions that deliver services and solutions across areas like insurance, private equity and mergers and acquisitions. Bengaluru leads the country in financial services offerings, which are supported by the establishment of finance-oriented global capability centers.
Financial Services Companies in Bengaluru
- Q2
- CSC
- TransUnion
- Wells Fargo
- Adyen
Top Financial Services Companies in Bengaluru
Financial services businesses work with the technology consulting company Capco to receive strategic guidance that can help streamline their operational practices. The company, which is parented by the prominent IT enterprise Wipro, specializes in providing management and digital transformation services for banks, funds and other financial services organizations.
CRED is a fintech company that operates a members-only club and mobile app that assigns rewards for timely bill payments. When members pay their credit card bills by or before their due dates, they earn points they can accumulate and use toward CRED-facilitated offers.
TransUnion offers business and consumer intelligence solutions. Its offerings include tools for monitoring credit scores and reports, and companies rely on its technology for use cases like modeling and mitigating financial risk. TransUnion serves a wide range of client categories, from retail banks and fintechs to mortgage lenders and credit unions.
FairMoney is a digital neobank that offers loans and lines of credit to borrowers who are “underbanked,” meaning they can’t access funds via traditional banks, often because they do not have collateral. FairMoney offers loan terms via digital channels without collateral. Its app has millions of users across three continents and is notable for being the most downloaded fintech app in Nigeria.
Adyen is a fintech company that makes software to facilitate transactions. When businesses need to accept payments, the Adyen platform provides a full suite of online, in-person and omnichannel transaction solutions. Adyen additionally has a range of financial management and revenue protection offerings.
The consulting firm Wipfli offers advisory services with a focus on tax, audits, risk mitigation and compliance management. To optimize these areas, the company uses data analytics and business intelligence to learn about its clients’ competitors and markets. Its financial services team offers a wide range of niche expertise, including transaction advisory services and outsourcing management.
The financial services organization Wells Fargo provides banking solutions for individuals, small businesses and corporations. Its service offerings range from checking accounts and mortgage products to investment banking capabilities. The company was first founded in 1852 to provide financing to prospectors during the Gold Rush. Since then, it has grown into a multinational enterprise.
CSC is a multinational business that offers services to support corporate, legal and tax compliance. It works directly with financial services organizations like hedge funds and investment banks to guide their operational choices and aid them in aligning their business practices with regulatory obligations.
The fintech company Q2 offers digital tools for financial operations, including revenue, loan and banking management. The B2B company builds products for organizations throughout the financial services sector, such as banks, credit unions and non-bank financial institutions. Q2 client businesses rely on the company’s digital banking platform to cohere financial operations and manage deposits and other money movements.
NatWest Group is a U.K.-based banking and insurance company. It provides financial services through a portfolio of brands, including Royal Bank of Scotland, Ulster Bank and NatWest. The group primarily serves the U.K. market and delivers services to over 19 million customers. Its footprint extends into Bengaluru with an office that has employees working across specializations like data science and software engineering.
