Fintech Startups To Watch: Startups That Caught Our Eye In July

Moneyview's IPO approval, fintech M&A activity, and fresh investments underscored July, where strategic expansion took centre stage despite a relatively muted funding environment

The sector also navigated key regulatory developments, from proposed changes to UPI transaction limits and market share caps to new crypto reporting norms and foreign investment rules

Against this backdrop, Inc42 has identified five fintech startups that stood out in July for tackling emerging opportunities across AI-powered investing, cross-border payments, UPI innovation, and digital financial infrastructure

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The month so far has kept the Indian fintech sector busy, with the action shifting from the funding table to the listing gates. The headline move came from lending unicorn Moneyview, which received SEBI’s final observation letter, clearing it to launch an IPO comprising a fresh issue of up to ₹1,500 Cr. 

Besides, consolidation activity picked up pace. Mynd Fintech, a digital lending marketplace that delivers end-to-end supply chain financing solutions, acquired supply chain financier C2FO India, with the combined entity set to process ₹60,000 Cr worth of transactions annually. 

Separately, listed fintech Zaggle announced plans to buy a 20% stake in cross-border payments firm Unobanc for $1.5 Mn.

Meanwhile, recent data suggests........

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