The Year 2019 has kicked off brilliantly for the fintech ecosystem, and a fair share of this development goes to the investors. The evolution and growth of the Indian FinTech landscape over the years have been phenomenal. We have stepped into the era of financial technology services, which has received the desired push from investors via their fintech funding. The domain remains investor’s favorite and has bagged stellar capital infusion and fundraise. So, if you closely follow the fintech domain, here are some the leading fintech platforms that have managed to bag funding this year.

Aye Finance – Aye Finance, founded by Sanjay Sharma and Vikram Jetley, started operations in 2014 and within 5 years has become a leading lender to financially excluded microenterprises in India; MSMEs that sit outside the traditional lending landscape. It has serviced over 120,000 micro enterprises through its 104 branches in 11 States and has a loan book of over INR 10bn. Aye Finance has recently raised INR 233.62 cores in Series D equity round led by New York based investment firm Falcon Edge Capital. Existing investors CapitalG, LGT and MAJ Invest also participated in this round.

HAPPY – AI-based lender HAPPY was founded by Manish Khera, Gautam Ivatury and Shweta Aprameya, a team with over 50 years of collective experience delivering and designing alternate & innovative financial services in markets from India to Kenya and the United States. The company’s loans for small businesses are less costly and more reliable than informal borrowing. Its mission is to support and increase the financial strength of small and micro-entrepreneurs, the heart of Indian commerce. HAPPY has lately announced $20 million in fresh capital to grow its AI-powered lend-tech model, enabling it to provide flexible digital loans to micro and small business in over 500 locations across India.

InCred – InCred is a new age NBFC offering bespoke loan products to consumers as well as businesses in India. Its product offerings include Personal Loans, Education Loans, SME Business Loans, Home Loans and Two-Wheeler Loans. New age technology-led NBFC InCred has successfully concluded its Series A Funding round freshly. Led by Dutch development finance institution FMO, the funding round raised Rs. 600 crores for InCred and witnessed the participation of US-based asset manager Moore Capital, India/Latin America-focused PE fund Elevar, and Alpha Capital (an early-stage investor of InCred).

HomeCapital – HomeCapital was started with a very simple idea: Give everyone the opportunity to buy home at an early stage in life. They pioneered India’s first Down Payment Assistance Program. The program provides interest-free down payment assistance to millions of buyers to fulfil their home ownership dream. They reduce the waiting time for home buyers to accumulate savings for the down payment. Venture Catalysts-backed HomeCapital has successfully concluded its pre-Series A funding recently. The round was led by Astarc Ventures and received participation from Venture Catalysts, Anand Piramal of the Piramal Group, Singapore Angel Network, Venture Gurukool, Anuj Golecha, Samyakth Capital, Gaurav Gandhi of Essgee group, and Shalin Shah, a renowned Coinbase seed investor.

Vivriti Capital – Vivriti Capital, which runs India’s largest technology-enabled marketplace for institutional and enterprise debt, has recently secured INR 110 crore worth of equity in an additional round of funding from its existing investor, Creation Investments. This comes just within two months of the Series A funding closure in December 2018 wherein the company had raised INR 200 crores from Creation Investment. With the current equity infusion, Vivriti’s overall capital stands at approximately INR 320 crore.