CIO Insider

CIOInsider India Magazine

  • Romit Dasgupta,  Managing Director & CEO

    Romit Dasgupta, Managing Director & CEO

  • Romit Dasgupta - Globsyn Group was established in 1997 by my father, Bikram Dasgupta. The genesis of technology was there in Globsyn and we've always been a tech company at heart. I and my brother, Rahul Dasgupta, are second-generation entrepreneurs who came into the business space roughly two decades ago. My personal background is in technology, and eventually, that culminated in us seeking to shape the technology vertical for the group. We capitalized on the FinTech market opportunity in 2006–2007, which ultimately led to the development of NOTIVA. A FinTech product firm, NOTIVA focuses heavily on compliance and transaction monitoring. Today, we are present in more than fifteen banks where our products are processing 80,000+ transactions daily.

  • Globsyn Notiva: Empowering Banking Sector With Breakthrough Transaction Monitoring & Security Solutions

The Blooming FinTech-ade

By: Sujith Vasudevan, Managing Editor

The faster financial inclusion, especially in the rural areas of India, will be a crucial aspect of the Indian government’s dream of becoming a $5 trillion economy. Indeed, Pradhan Mantri Jan Dhan Yojana (PMJDY)

Will the 5G Journey be a Game Changer for India Inc.?

By: Harnath Babu, CIO & Partner, KPMG, India

Digital transformation is bringing about a profound revolution reshaping and revamping human lives. The convergence of technology and telecom is altering

10 Most Recommended Fintech Companies - 2023

Blockchain, An Emerging Technology for Logistics & Supply Chain

By: Bright P, Head IT, ICTSI South Pacific

The modern world is constantly changing. Innovations are introduced into various fields of human activity, which, on the one hand, orients people to continuous development, improvement


Pharma Companies: How to Protect Your Intellectual Property?

By: Filip Cotfas, Channel Manager, CoSoSys

Intellectual property (IP) is a crown jewel asset class of pharmaceutical companies. Threat actors prize pharma IP for its high perceived value, and they are willing to deploy a diverse


The Rise of the Insurtech Ecosystem for Frictionless Consumer Journey

By: Saurabh Tiwar, Chief Technology Officer,

Insurance has traditionally functioned through various offline channels. However, it has now evolved to a great extent and the technological


Digital Ecosystem Build

By: Srivaths Varadharajan, Global Fintech & Digitech, Evangelist

Digital experience defines the need for engagement with 360 degree approach cutting across all interfaces. Usually business with

  • 10 Most Recommended Fintech Companies - 2023

    Fintech Companies Have Opened Doors for Payment Handling Beyond Boundaries

    I ndia is the second largest populated country having the second largest number of internet users. With every passing day the world is developing new technologies which are making our task easier. Financial Technology is one among them which are making our life smoother by allowing us to pay for anything from anywhere with just a single click. Financial technology is better known as Fintech which is the assimilation of the above two words. After the mass penetration of mobile technology to all nooks and corners of the society this technology has grown even more. After the thud of Covid-19 pandemic this fintech companies have outgrown even more because the whole world was celebrating their quarantined life getting stuck to their homes.

    In this vital situation, being cashless was the only option left for us to survive and therefore, these online payment companies grew more rapidly. India has been the second largest financial technology hub after the US. Currently, 2200 fintech companies are operating within which 19 percent are based on payment system and the rest are lenders and borrowers. As per the data, 67 percent of the fintech companies have set-up within five years. The recent cost value of this fintech sector is expected to grow $138 million by 2023 and it will touch $150 million by 2025. Overall, it has flourished & touched the zenith of success because of its flexibility & cost-efficiency. Hence forth, its popularity is sky rocketing.

    In today’s context, fintech industry has become faster and hassle-free, previously we had to wait hours in the long queue in front of the bank counters but now we can withdraw or deposit money from the cozy corner of our living room through various payment options. Due to amalgamation of trading, budgeting and insurance sector, fintech companies have come-up with special types of algorithms targeting to the banking sector and special software such as NET, JavaScript, TypeScript, Node.js, and more. Further, fintech companies are striking to evolve and promote crypto-currencies such as Bitcoin.

    CIO Insider magazine in this issue presents a list of’10 Most Recommended Fintech Companies - 2023’ who have leveraged their extensive industry expertise and experience in bringing innovative solutions to business. The following list has been prepared after being closely scrutinized by a distinguished panel of judges including CXOs, analysts and our editorial board.

10 Most Recommended Fintech Companies - 2023

Company Logo Company Name Company Management Company Description
AIT Global: Revolutionizing Financial Sector through Advanced Technologies AIT Global India Pinky Mishra, Co-Founder, Raj Mishra, Founder A product and software development company providing end-to-end IT services in custom development, web, mobile, and cloud and specializes in software development, artificial intelligence development and product design
Algoquant Fintech Algoquant Fintech Devansh Gupta , Managing Director A fintech firm offering tailor-made solutions to meet the client`s financial requirement including automated trading solutions, systematic trading/investment plans and delta hedge derivatives trading strategies
EQLFIN EQLFIN Kiran Murthi, Director A solution provider company providing technology and fintech domain solutions for businesses operating, building fintech solutions and scaling online financial services revenue
Exemplicon Fintech Exemplicon Fintech Amit Mehra , CEO & Director A fintech start-up providing professional outsourced accounting, book-keeping, financial reporting and related financial services to International and Domestic small & medium enterprises
FintechNXT FintechNXT Mani Parthasarathy, Founding Committee Member A holistic community that supports and nurtures emerging as well as seasoned fintech professionals on a better path of learning and growth, also connects people from all corners of the fintech world and creates a common platform to grow together
Globsyn Notiva: Empowering Banking Sector With Break through Transaction Monitoring & Security Solutions Globsyn Notiva Romit Dasgupta, Managing Director & CEO A fintech brand which offers high-end sophisticated fintech solutions for banks and financial institutions in the field of transaction monitoring and security
HAPPY HAPPY Manish Khera, Founder & MD A fast-growing fully digital lending fintech company delivering flexible & easy short term access to credit for small business owners & proprietors in urban & city settings
KonQuest Fintech Services KonQuest Fintech Services Keshav Gaur, Managing Director & CEO A consumer facing, customer origination fintech company providing a range of tech-enabled solutions to the consumer lending ecosystem, offers solutions to other intermediaries using SaRal, customer origination platform
Modefin Modefin Amit Darda, CEO A global fintech solution providers that exchanges digital banking solutions to banks and financial institutions, and also offers opportunities for banks of all sizes to expedite their digital transformation
Open Financial Technologies Open Financial Technologies Ajeesh Achuthan, Co-Founder & CTO A neobanking platform for SMEs and startups, also offers a business account that let’s small business owners collect payments, auto-reconcile them, and make seamless payouts