Top Banking Startups in 2024

Ned’s platform illuminates business performance throughout the lending lifecycle, offering transparency and automation where lenders typically struggle with limited visibility into cash flow. For businesses with strong fundamentals but lacking traditional credit, collateral, or facing difficulties in proving creditworthiness, Ned provides a solution that enables lenders to confidently extend financing. From top-of-funnel prospects through servicing, Ned’s white label rail integrates cash flow transparency so lenders can offer tailor-made capital products, underwrite, and size loans with customizable cash flow scoring, and then manage against default during repayment.

DaveAI (iamdave.ai) is an AI based sales augmentation platform. DaveAI is designed to be a brand's virtual sales avatar that helps brands create productive sales experiences across channels. DaveAI helps enterprises increase conversion rates, optimise product mix and elevate the buyer experience. DaveAI uses patent pending Empathetic AI technology to model the process of making a sale. Every customer has a unique journey, Dave is capable of learning these journeys across the enterprise. Dave can then predict the best steps to be taken to convert a customer. For e.g., what product to pitch, what feature would a customer be interested in, what other factors might nudge the customer take a positive step. DaveAI helps create these experiences on kiosks, tab, 3D/AR/VR (which can include an interactive web app for contact center agents, and a mobile application for field sales). A Flexible data model enables seamless integration with CRM applications.

We connect the brands you love with the banking services you trust. Create deeply integrated, highly customized, and profoundly personal financial solutions to transform your customers' access to money. We empower brands with the platform to accelerate the pace of financial innovation and inclusion. The future of financial services will be highly customized and deeply integrated products that meet people where they are. By connecting best-in-class brands with best-in-class banks, we bring money into the context of modern life and make banking personal again.

We’re building a transactional account with a simple online application process, a modern front end for the 21st century, and simple RESTful APIs. This will be supplemented by a fully integrated and vibrant marketplace of value-add services from providers that share our ethos of what modern financial services should be.

HyperVerge is a B2B SaaS company providing AI-based identity verification (KYC) & business verification (KYB) solutions for companies in Fintech, BFSI, Insurance, Lending, Gaming, Logistics, EdTech across 195+ countries. HyperVerge is the No.1 player in the APAC market by volume and product maturity. HyperVerge has on-boarded 700 million identities till date and its AI has been trained on diverse facial variations and ID formats. Leading enterprises use HyperVerge’s digital KYC, Video KYC (V-KYC), and KYB solutions for: -Seamlessly onboarding new customers and business partners -Authenticating existing customers and agents -Identifying and stopping fraudsters The AI models of HyperVerge for real-time image and video analysis leads the market on accuracy (99.55%) and are precisely optimized for deployments in low bandwidth environments.

We are on a mission to help everyone save and invest for their future. Millions of us go through life knowing that we should be doing more to save and invest for the future. We leave it at the bottom of our to-do-list because we don’t know where to start. We are not taught how to save & invest at school, the investment industry is built to serve a wealthy minority and banks are only interested in selling products not helping us achieve outcomes. We are determined to change this by: - making it easier for people to get started - offering products to suit every need - encouraging people to make the right decisions throughout their lives. - bringing everything together in a service which is simple and enjoyable to use We are already helping over 300,000 people save and invest for their future. This is just the beginning. Join us and help us change saving investing for the better!

We (friends at frslabs) are an award-winning company specialising in identity verification and fraud prevention solutions. Established a decade ago in 2010, with Bangalore as our home, we proudly serve over 125 global customers, with over a million transactions flowing through our systems every month. As a team, we try to keep things simple. We don’t follow rigid methodologies, exhaustive specs, ridiculous approval cycles or get-my-permission-first bosses. This is not to say that we do not have coding best practices, style guides, wikis or quality guides. We do, like every good company should. We take our work seriously as clients put us on their critical path to success. And if we mess things up, it hurts them badly. Each of us understands that the best software is made through a flexible, iterative process, keeping the end-user in mind, with a keen eye for detail, and collaborating and keeping the team updated every step of the way. We don’t crave for monthly appreciations or badges to motivate us. Instead, we crave the best in each of us to make a lasting impact. We strive for craftsmanship, the likes of beautiful prose, poem, music or art. We work hard to create an environment where good ideas are nurtured and rewarded (five patents pending is a testament to our innovation culture). We are pretty sure that if you look beyond the veneer of a gravity-defying salary, shiny office or fancy chairs, you will have a blast at frslabs in terms of intellectual stimulation and interesting work. We are a healthy and profitable company and we value good old hard work over easy money. And that's one reason we are not venture funded and believe in our own creation, abilities and profits to succeed (just the way nature intended humans to work and succeed). You can read more about frslabs here: frslabs.com/about

Setara Networks Worldwide strive to bridge the need for access to financial digitization for all parties, which creates a more open and interactive financial ecosystem. Tara framework is a thriving partner ecosystem that offers a technology platform designed for Banks, Acquirer/Payment Gateways, Merchants and Brands to participate as members to allow most economical and frictionless payment & transfer experience to their users. We are building solutions that keep the consumer at the heart of the experience and envision shaping it in the direction of endless possibilities. Unleashing the full financial potential using the platform opens endless opportunities for Startups, Fintechs & other Businesses. Indepay Open Transfer platform is the most convenient & economical digital payment option. Setara Networks offers payment products like One-click Checkout, Real time Payments and much more. It is designed to fuel the transformation of the digital payment landscape and is in the process of creating the much-needed revolution in South East Asia (SEA) payment industry. We are one of the leading innovators in the Fintech space in South-East Asia, empowering the community with the benefits of financial inclusion by bringing everyone to be part of the future-ready revolution of getting cash-free transactions. The seamless payment system works around a unique identity that intrinsically maps the customer’s mobile number with multiple sources of funds like bank accounts, e-money, debit cards & credit cards as Payment Identity (Pay-ID). Pay-ID also empowers users to build their digital presence and helps to maintain security and consent-based control over their financial data. It facilitates the users to get over the worries of maintaining multiple bank apps, internet banking user IDs, debit cards, credit cards and e-money apps. Our goal is to make digital payments so fast, convenient, secure & universally accepted that people never feel the need to carry cash or cards again