Leading Financial Institutions Based in Bengaluru: An Overview of the Top 11
In the bustling city of Bengaluru, India, a vibrant financial services sector is taking shape, attracting global investment and innovation. This burgeoning industry is supported by the establishment of finance-oriented global capability centers, rising income levels, increased commercial tech and business activity, and financial inclusion initiatives.
The financial services sector in Bengaluru includes a mix of global investment banks, fintech startups, and financial app developers, each offering distinct services.
1. **Investment Banking and Asset Management Firms**
Several leading global investment banking companies have significant operations in Bengaluru. Goldman Sachs, Morgan Stanley, BofA Securities (Bank of America), and HSBC provide investment banking, asset management, research, global markets services, wealth management, and investment banking services, among others. These firms collectively offer services such as structured finance, equity research, mergers & acquisitions (M&A) advisory, capital raising, and asset management.
2. **Fintech Companies and Ecosystem**
Bengaluru is the epicenter of India’s fintech industry, accounting for over half (55%) of fintech capital raised in the first half of 2025. Prominent fintech players and investment deals in the city underscore its leadership. Notable fintech companies include Groww, Fisdom, and InCred Money, which focus on investment platforms, wealth management, and digital lending solutions, respectively.
3. **Fintech App Development Companies**
Bengaluru also hosts top fintech software and app development firms that create the digital infrastructure for financial services. TatvaSoft and USM Business Systems are leading mobile app development firms serving financial sector clients, specialising in custom fintech app development, including AI, machine learning, blockchain applications, consumer finance, FOREX, insurance solutions, pension fund management, and e-wallet apps.
In addition to these key players, Q2, a fintech company based in Bengaluru, offers digital tools for financial operations, including revenue, loan, and banking management. CRED, a members-only club and mobile app that rewards members for timely bill payments, is another notable fintech company in the city.
Navan, a company expanding its regional presence, offers a unified business travel and expense management platform that simplifies corporate travel. FairMoney, a digital neobank that offers loans and lines of credit to "underbanked" borrowers without collateral, has its app used by millions of users across three continents and is the most downloaded fintech app in Nigeria.
Other notable companies in Bengaluru include TransUnion, offering business and consumer intelligence solutions, including tools for monitoring credit scores and reports, and Wipfli, a consulting firm offering advisory services with a focus on tax, audits, risk mitigation, and compliance management.
TransUnion serves a wide range of client categories, from retail banks and fintechs to mortgage lenders and credit unions. Wipfli's financial services team offers a wide range of niche expertise, including transaction advisory services and outsourcing management.
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.
NatWest Group, a U.K.-based banking and insurance company with an office in Bengaluru, employs staff across specializations like data science and software engineering.
Capco, a technology consulting company that works with financial services businesses to provide strategic guidance and streamline operational practices, is parented by the IT enterprise Wipro.
Adyen, a fintech company that provides a full suite of online, in-person, and omnichannel transaction solutions, additionally offers financial management and revenue protection solutions. FairMoney is hiring for 20 jobs, while Q2 is currently hiring for 64 jobs in various roles.
Wells Fargo, founded in 1852 to provide financing to prospectors during the Gold Rush, provides banking solutions for individuals, small businesses, and corporations.
In summary, Bengaluru’s financial services sector is anchored by major global investment banking operations delivering advisory, capital markets, and asset management services, a booming fintech startup ecosystem emphasizing wealth management, digital lending, and investment platforms, as well as innovative fintech technology development companies building customer-centric financial apps and solutions. This combination makes Bengaluru the leading financial services and fintech hub in India, widely recognized for its innovation, significant funding activity, and comprehensive service offerings.
- The vibrant financial services sector in Bengaluru, India, also includes fintech startups like Groww, Fisdom, and InCred Money that focus on investment platforms, wealth management, and digital lending solutions respectively, showcasing how technology plays a significant role in lifestyle enhancements.
- In addition to investment banking firms and fintech companies, Bengaluru is home to software and app development firms like TatvaSoft and USM Business Systems that specialize in custom fintech app development, which catalyzes careers in technology, business, and finance.
