Advertisement
Karnataka is a hub for technology and innovation, is also home to a thriving financial services sector. In 2025, the state hosts a mix of traditional finance companies, non-banking financial companies (NBFCs), and cutting-edge fintech startups that cater to diverse financial needs. From digital lending to microfinance and wealth management, these companies are driving financial inclusion and economic growth.
1. Bajaj Finance Limited.
Bajaj Finance, a leading NBFC in India, has a strong presence in Karnataka through its extensive network of branches and digital platforms. Known for its diverse financial products, including consumer loans, SME financing, and wealth management, Bajaj Finance is a market leader with a market capitalization of Rs. 5.16 trillion as of February 2025. Its innovative digital lending solutions, such as instant personal loans and EMI financing, have made it a preferred choice for Karnataka’s urban and semi-urban customers.
2. Axio (Formerly Capital Float).
Specializes in providing working capital finance to small and medium enterprises (SMEs). Its flexible, short-term loans help businesses manage inventory, service orders, and optimize cash flow. Axio’s digital-first approach, powered by advanced technology, ensures quick loan disbursals, making it a game-changer for SMEs in Karnataka.
3. Rupeek.
Rupeek is a leading fintech platform revolutionizing gold-backed lending in India. Operating extensively in Karnataka, Rupeek leverages state-of-the-art technology to offer low-risk, friction-free gold loans through partnerships with major banks. Its asset-light supply chain and digital platform make credit accessible to individuals and small businesses, particularly in semi-urban and rural areas. Rupeek’s innovative approach and mission to monetize India’s $2 trillion gold market position it as a top finance company in Karnataka in 2025.
4. Perfios Software Solutions.
Perfios is India’s largest SaaS-based B2B fintech company, empowering over 800 financial institutions with real-time credit decisioning, analytics, and onboarding automation. Based in Bengaluru, Perfios serves banks, NBFCs, and fintechs across Karnataka, enabling faster and more informed lending decisions. Its focus on technology-driven solutions and partnerships with leading financial institutions makes it a key player in Karnataka’s financial services landscape.
5. BSS Microfinance (Kotak Mahindra Bank).
BSS Microfinance, a subsidiary of Kotak Mahindra Bank, operates in Karnataka, among other states, to provide microfinance services to low-income individuals and small businesses. With a focus on financial education and empowerment, BSS supports rural and semi-urban communities through group lending models like the Joint Liability Group (JLG). Its loan book exceeds ₹7,000 crore, serving over 20 lakh customers, making it a vital contributor to financial inclusion in Karnataka.