Asia's Top
Fintech Companies
An InfluenceAsia original editorial and research ranking recognizing the Asian and Asia-centered financial technology companies that most shaped payments, digital banking, online credit, insurance technology, wealth access, merchant finance and financial infrastructure during the 2017 annual window.
InfluenceAsia 50: Asia's Top Fintech Companies 2017 identifies companies whose 2017 contribution made financial services more digital, data-driven, accessible, embedded and scalable across Asia. The ranking is not a funding table or a user-count table alone; it evaluates operating consequence, category leadership, technology originality, financial-inclusion relevance, institutional credibility and the durability of each company's 2017 position.
The 2017 Asian fintech cycle was defined by the normalization of mobile wallets, the rise of QR and app-based payment behavior, the institutionalization of online consumer finance, the public arrival of internet insurance, the expansion of digital banks, and the emergence of fintech infrastructure for merchants, lenders, insurers and cross-border commerce. The strongest companies converted technology adoption into financial behavior that could be repeated daily.
The edition considers Asian and Asia-centered fintech companies, dedicated fintech subsidiaries, digital financial platforms and technology-led financial infrastructure providers that were active during the 2017 editorial window. Eligible companies include private ventures, listed fintech issuers, licensed digital financial operators and fintech units with distinct operating identity. Traditional banks, conventional insurers, pure investment funds, public agencies, universities and companies without a material fintech operating identity are excluded.
Companies that defined platform finance
The top tier shows 2017 fintech becoming infrastructure: payments, digital insurance, online credit, banking software, wealth access and merchant finance moving into daily economic behavior.
Ant Financial
- Market
- China
- Category
- Digital payments, wealth technology, credit scoring and inclusive finance
- Score
- 99
Ant Financial is ranked first because its 2017 influence extended beyond a single fintech vertical. It gave Asia a model in which payments became the gateway to savings, credit, insurance, identity, merchant services and cross-border financial connectivity.
Tencent Financial Technology
- Market
- China
- Category
- Social payments, wallets, merchant payments and embedded financial services
- Score
- 98.4
Tencent Financial Technology is ranked second because its payment layer sat inside one of Asia's highest-frequency digital environments. In 2017, it converted social attention and daily messaging into a financial transaction network of exceptional behavioral depth.
ZhongAn Online
- Market
- China
- Category
- Insurtech, digital insurance and embedded underwriting
- Score
- 97.8
ZhongAn Online is ranked third because it gave insurtech public-market visibility and category legitimacy in 2017. Its model showed how insurance could move from branch-led distribution toward product embedding, data-led underwriting and automated servicing.
Paytm
- Market
- India
- Category
- Mobile wallet, payments bank, merchant payments and digital consumer finance
- Score
- 97.2
Paytm is ranked fourth because its 2017 role was national in scale. It translated India's shift toward digital payments into a consumer brand, a merchant network and an expanding financial-services proposition for users outside traditional banking habits.
Lufax
- Market
- China
- Category
- Online wealth management, lending marketplace and financial asset services
- Score
- 96.5
Lufax is ranked fifth because it represented the institutional end of China's online finance expansion. Its 2017 profile combined consumer scale, financial-product breadth and a more formalized approach to digital investment and lending intermediation.
Qudian
- Market
- China
- Category
- Online consumer credit and installment finance
- Score
- 95.8
Qudian is ranked sixth because its 2017 public-market arrival signaled the scale and controversy of data-driven consumer credit in China. It made online lending impossible for the wider Asian fintech market to ignore.
The complete 2017 ranking
Companies are ordered by InfluenceAsia score. The table preserves every source entry and identifies market, regional footprint, fintech category, operating identity and score.
| Rank | Company | Market | Category | 2017 Operating Identity | Score |
|---|---|---|---|---|---|
| 1 | Ant Financial Ant Financial stood at the center of Asia's 2017 fintech transformation by turning mobile payments, wealth access, credit assessment, merchant tools and daily financial services into a mass-market digital ecosystem. | ChinaEast Asia / Global | Digital payments, wealth technology, credit scoring and inclusive finance | Private fintech group with a dominant mobile payments and digital finance ecosystem | 99 |
| 2 | Tencent Financial Technology Tencent Financial Technology made payment behavior inseparable from communication, entertainment and everyday mobile interaction during the 2017 cycle. | ChinaEast Asia / Global | Social payments, wallets, merchant payments and embedded financial services | Financial technology platform within a listed digital ecosystem | 98.4 |
| 3 | ZhongAn Online ZhongAn Online became Asia's defining 2017 insurtech company by demonstrating that insurance could be distributed, priced and serviced through digital ecosystems at high transaction volume. | ChinaEast Asia | Insurtech, digital insurance and embedded underwriting | Listed internet-only insurance company following a landmark 2017 public-market debut | 97.8 |
| 4 | Paytm Paytm was India's most visible fintech platform in 2017, extending wallet behavior into merchant acceptance, payments-bank services, bill payment, mobile commerce and mass consumer financial access. | IndiaSouth Asia | Mobile wallet, payments bank, merchant payments and digital consumer finance | Private digital payments and financial services platform | 97.2 |
| 5 | Lufax Lufax remained one of Asia's most influential online finance companies in 2017 through wealth access, marketplace lending, investor onboarding and data-supported risk processes. | ChinaEast Asia | Online wealth management, lending marketplace and financial asset services | Private online financial services platform | 96.5 |
| 6 | Qudian Qudian became one of 2017's most closely watched Asian fintech companies by scaling app-based consumer credit and installment finance for young mobile users. | ChinaEast Asia | Online consumer credit and installment finance | Listed consumer finance technology company following a 2017 public-market debut | 95.8 |
| 7 | JD Finance JD Finance advanced in 2017 as a broad fintech platform using commerce, logistics and transaction data to support credit, payments, wealth products, crowdfunding and supply-chain finance. | ChinaEast Asia | Supply-chain finance, consumer credit, payments and wealth technology | Dedicated fintech arm of a major digital commerce platform | 95.1 |
| 8 | WeBank WeBank strengthened the 2017 case for branch-light digital banking through remote onboarding, small-ticket lending, data-led risk management and technology-intensive bank operations. | ChinaEast Asia | Digital banking, inclusive lending and bank technology | Privately backed internet bank with branch-light digital delivery | 94.5 |
| 9 | Kakao Pay Kakao Pay became one of Korea's most important fintech stories in 2017 by moving payments and money transfer deeper into everyday mobile behavior. | South KoreaEast Asia | Mobile payments, wallet services, transfers and financial platform services | Newly separated mobile financial services company within a dominant consumer digital ecosystem | 93.9 |
| 10 | GrabPay GrabPay emerged in 2017 as one of Southeast Asia's most strategically important fintech platforms by linking ride-hailing frequency, stored value, QR payments and merchant acceptance. | SingaporeSoutheast Asia | Super-app payments, mobile wallet and merchant acceptance | Payments platform within a regional on-demand consumer technology company | 93.4 |
| 11 | GO-PAY GO-PAY became a central Indonesian fintech force in 2017 by embedding payments into transport, food, services and offline merchant transactions. | IndonesiaSoutheast Asia | Mobile wallet, super-app payments and offline acceptance | Payments platform within a high-frequency Indonesian on-demand services company | 92.8 |
| 12 | Ping An OneConnect Ping An OneConnect strengthened Asia's 2017 enterprise fintech layer by providing digital banking, lending, insurance, risk, authentication and operational technology to financial institutions. | ChinaEast Asia / Global | Financial institution technology, AI risk systems, digital banking and insurance infrastructure | Enterprise fintech platform serving financial institutions | 92.2 |
| 13 | 51 Credit Card 51 Credit Card stood out in 2017 by using mobile account management, credit-card data and personal-finance workflows to create a route into consumer credit and wealth services. | ChinaEast Asia | Credit-card management, personal finance and consumer credit | Private personal finance and credit management platform | 91.6 |
| 14 | Dianrong Dianrong remained a major 2017 fintech company through marketplace lending, technology-led credit origination, supply-chain finance and institutional-grade risk systems. | ChinaEast Asia | Marketplace lending, supply-chain finance and credit technology | Private online lending and credit technology company | 91.1 |
| 15 | WeLab WeLab strengthened its 2017 position as a cross-border Asian fintech company by applying mobile data, risk analytics and online channels to consumer lending. | Hong Kong / ChinaEast Asia | Online consumer credit, virtual lending and credit risk technology | Private online lending and credit technology company | 90.5 |
| 16 | Rong360 Rong360 gained strategic prominence in 2017 by organizing loan and financial-product discovery through search, comparison, matching and data-driven recommendation tools. | ChinaEast Asia | Financial product search, loan marketplace and decision technology | Listed financial marketplace and recommendation technology company following a 2017 public-market debut | 89.9 |
| 17 | Policybazaar Policybazaar remained India's defining insurance technology platform in 2017 by making policy comparison, digital distribution and consumer education more transparent. | IndiaSouth Asia | Insurance comparison, digital distribution and consumer protection marketplace | Private online insurance marketplace | 89.3 |
| 18 | BillDesk BillDesk remained a critical Indian fintech infrastructure company in 2017 by enabling bill payments, merchant collections, recurring transactions and reliable digital payment flows. | IndiaSouth Asia | Bill payments, payment gateway infrastructure and recurring digital payments | Private payment infrastructure company | 88.8 |
| 19 | PhonePe PhonePe became one of India's most important 2017 payment challengers by building a mobile-first experience around real-time bank transfers, wallet value and merchant payment use cases. | IndiaSouth Asia | UPI payments, mobile wallet and consumer payment applications | Private mobile payments company | 88.2 |
| 20 | KakaoBank KakaoBank became a landmark Korean fintech company in 2017 by launching a mobile-first banking model that rapidly drew consumer attention to digital deposits, transfers and credit. | South KoreaEast Asia | Digital banking, mobile deposits, loans and consumer banking | Newly launched internet-only bank | 87.6 |
| 21 | Viva Republica Viva Republica advanced in 2017 through Toss, a mobile financial app that simplified transfers and began widening into broader personal financial services. | South KoreaEast Asia | Mobile transfers, personal finance and integrated consumer financial services | Private fintech company operating the Toss financial app | 87.1 |
| 22 | MobiKwik MobiKwik remained a major Indian fintech company in 2017 by serving wallet users, merchants and bill-payment behavior during a defining cash-to-digital transition. | IndiaSouth Asia | Mobile wallet, bill payments, merchant payments and consumer financial services | Private mobile wallet and digital payments company | 86.5 |
| 23 | Razorpay Razorpay strengthened India's fintech infrastructure in 2017 by giving online businesses and developers cleaner tools to accept and manage digital payments. | IndiaSouth Asia | Payment gateway, developer payments and merchant payment infrastructure | Private payments infrastructure company | 85.9 |
| 24 | Pine Labs Pine Labs remained a significant 2017 fintech infrastructure company by digitizing merchant point-of-sale acceptance, installment offers and retail payment workflows. | IndiaSouth Asia / Southeast Asia | Merchant commerce, point-of-sale payments and pay-later infrastructure | Private merchant payment technology company | 85.4 |
| 25 | BankBazaar BankBazaar remained a prominent 2017 fintech platform by making loans, cards and personal financial products easier to compare, apply for and process digitally. | IndiaSouth Asia / Southeast Asia | Financial marketplace, credit products and paperless application workflows | Private online financial marketplace | 84.8 |
| 26 | Capital Float Capital Float became an important Indian fintech company in 2017 by expanding digital working-capital access for small businesses and online merchants. | IndiaSouth Asia | Digital SME lending and working-capital finance | Private digital lending company | 84.2 |
| 27 | Lendingkart Lendingkart strengthened India's 2017 digital lending sector by applying analytics and online origination to small-business working-capital needs. | IndiaSouth Asia | Digital SME lending, credit analytics and working-capital loans | Private online lending company | 83.7 |
| 28 | LexinFintech LexinFintech became a notable 2017 Asian fintech company by combining installment purchasing, online credit and merchant-linked consumption finance. | ChinaEast Asia | Installment finance, online consumer credit and youth consumption finance | Listed consumer finance technology company following a 2017 public-market debut | 83.1 |
| 29 | PPDai PPDai remained a prominent 2017 online lending company by connecting borrowers and investors through digital origination, risk assessment and consumer credit workflows. | ChinaEast Asia | Online marketplace lending and consumer credit | Listed online lending company following a 2017 public-market debut | 82.5 |
| 30 | Yirendai Yirendai remained a meaningful 2017 fintech issuer by linking online consumer lending with investor-facing wealth products and data-enabled credit processes. | ChinaEast Asia | Online consumer lending and wealth services | Listed online consumer finance company | 82 |
| 31 | Yixin Group Yixin Group became a significant 2017 fintech company by applying online platforms, data and finance facilitation to China's automotive purchase journey. | ChinaEast Asia | Auto finance technology, online auto transactions and loan facilitation | Listed auto finance technology platform following a 2017 public-market debut | 81.4 |
| 32 | Baidu Finance Baidu Finance advanced in 2017 through AI-enabled finance, consumer credit, wealth services and technology applications for asset-backed and data-driven financial products. | ChinaEast Asia | AI finance, consumer credit, wealth technology and financial infrastructure | Financial technology platform within an AI and search technology company | 80.8 |
| 33 | Money Forward Money Forward became Japan's most visible 2017 fintech public-market story by combining consumer personal finance management with cloud-based business finance tools. | JapanEast Asia | Personal finance management, cloud accounting and business financial SaaS | Listed fintech and financial SaaS company following a 2017 public-market debut | 80.2 |
| 34 | freee freee remained a leading 2017 Japanese fintech company by automating accounting, tax, payroll and financial workflows for small businesses. | JapanEast Asia | Cloud accounting, tax workflow, payroll and SME financial operations | Private fintech and cloud accounting software company | 79.7 |
| 35 | bitFlyer bitFlyer became one of Asia's most important 2017 digital asset companies by combining high trading activity, consumer access and a more institutionalized exchange posture. | JapanEast Asia / Global | Digital asset exchange, crypto trading and blockchain payment infrastructure | Private digital asset exchange and blockchain finance company | 79.1 |
| 36 | QUOINE QUOINE stood out in 2017 by building digital asset trading infrastructure across Singapore and Japan and positioning crypto-fiat liquidity as a new fintech frontier. | Singapore / JapanEast Asia / Southeast Asia | Digital asset exchange, crypto-fiat trading and blockchain financial services | Private digital asset exchange and financial technology company | 78.5 |
| 37 | 2C2P 2C2P remained a central Southeast Asian payment infrastructure company in 2017 by helping merchants accept online, mobile and alternative payment methods across fragmented markets. | Singapore / ThailandSoutheast Asia | Payment processing, online acceptance and regional payment infrastructure | Private regional payment infrastructure company | 77.9 |
| 38 | M-DAQ M-DAQ remained a distinctive 2017 fintech company by addressing foreign-exchange friction for securities, e-commerce, payments and cross-border commercial activity. | SingaporeSoutheast Asia / Global | Foreign-exchange technology, cross-border pricing and multi-currency infrastructure | Private cross-border financial technology company | 77.4 |
| 39 | Omise Omise was one of Southeast Asia's most prominent 2017 fintech companies, combining online payment gateway services with ambitious blockchain-enabled payment infrastructure. | ThailandSoutheast Asia | Online payments, payment gateway services and blockchain payment networks | Private online payment gateway and blockchain payment technology company | 76.8 |
| 40 | Funding Societies Funding Societies advanced in 2017 as a regional SME finance platform using digital origination, investor participation and risk assessment to address working-capital gaps. | Singapore / IndonesiaSoutheast Asia | SME digital financing and marketplace lending | Private regional SME lending platform | 76.2 |
| 41 | Mynt Mynt remained a central Philippine fintech company in 2017 by expanding mobile wallet use, remittance utility, merchant payments and early digital credit services. | PhilippinesSoutheast Asia | Mobile wallet, remittance, payments and microfinance services | Private mobile financial services company operating GCash and related digital finance services | 75.7 |
| 42 | PayMaya PayMaya remained one of the Philippines' leading 2017 fintech platforms by offering app-based wallet services, prepaid payment tools, merchant acceptance and remittance-oriented digital utility. | PhilippinesSoutheast Asia | Mobile wallet, prepaid payments, merchant acceptance and digital financial services | Private mobile payments and wallet company | 75.1 |
| 43 | Coins.ph Coins.ph stood out in 2017 by combining wallet services, remittance, bill payment and digital asset access for Philippine consumers. | PhilippinesSoutheast Asia | Mobile wallet, remittance, bill payment and digital asset access | Private mobile wallet and blockchain-enabled financial services company | 74.5 |
| 44 | M_Service M_Service made MoMo one of Vietnam's most important 2017 fintech platforms by expanding mobile wallet behavior, bill payment, money transfer and merchant acceptance. | VietnamSoutheast Asia | Mobile wallet, bill payment, money transfer and consumer financial services | Private mobile financial services company operating MoMo | 74 |
| 45 | TrueMoney TrueMoney remained a major 2017 Southeast Asian fintech company by combining wallet services, payments, remittance, agent reach and regional expansion. | ThailandSoutheast Asia | E-wallet, payments, remittance and regional financial services | Regional e-payment and wallet platform under Ascend Money | 73.4 |
| 46 | bKash bKash was one of South Asia's most important financial-inclusion companies in 2017, providing mobile money, transfers, payments and agent-network access at national scale. | BangladeshSouth Asia | Mobile financial services, wallet payments and agent-based money movement | Private mobile financial services company | 72.8 |
| 47 | Zerodha Zerodha remained a defining Indian fintech company in 2017 by lowering brokerage friction, improving trading technology and expanding self-directed retail market participation. | IndiaSouth Asia | Online brokerage, retail investing technology and trading platforms | Private technology-led brokerage company | 72.2 |
| 48 | Network International Network International remained a leading 2017 payment infrastructure company by supporting merchant acquiring, card processing and digital payment modernization across Gulf and adjacent markets. | United Arab EmiratesWest Asia / Middle East | Merchant acquiring, payment processing and card payment infrastructure | Private payment infrastructure and merchant services company | 71.7 |
| 49 | eToro eToro remained one of Asia's globally visible fintech companies in 2017 by combining social trading, online brokerage, retail investing and access to emerging digital assets. | IsraelWest Asia / Global | Social investing, online brokerage and multi-asset trading | Private social trading and investment platform | 71.1 |
| 50 | Airwallex Airwallex entered the 2017 Asian fintech conversation as an emerging infrastructure company focused on cross-border payments, foreign-exchange efficiency and business treasury workflows. | Hong Kong / AustraliaEast Asia / Asia-Pacific | Cross-border payments, foreign-exchange infrastructure and business accounts | Private emerging cross-border payments and treasury technology company | 70.5 |
How the fintech companies list was built
The 2017 edition evaluates Asian and Asia-centered fintech companies through market consequence, user reach, product originality, infrastructure value and long-term influence.
2017 Universe Formation InfluenceAsia formed a 2017 fintech universe across Asian and Asia-centered companies active in payments, lending, digital banking, insurtech, wealth technology, financial SaaS, capital-market technology, digital assets, merchant finance and financial infrastructure.
Time-Locked Historical Review Companies were evaluated as they stood during the 2017 annual window. Later success, later distress, later regulation, later acquisitions and later brand changes were not used to rewrite the historical rank.
Eligibility Review InfluenceAsia included operating companies and distinct fintech platforms with material technology-led financial activity in 2017. Conventional financial institutions without a clear fintech operating identity, passive funds, public agencies and non-operating holding structures were excluded.
Weighted Influence Scoring Each eligible company was assessed across seven weighted dimensions: 2017 sector contribution, scale and adoption, technology and product originality, capital and institutional signal, regional relevance, financial inclusion and market modernization, and governance and strategic durability.
Category and Geography Calibration InfluenceAsia calibrated the final list to reflect Asia's fintech breadth, balancing China, India, Southeast Asia, Japan, Korea, South Asia and West Asia while preserving the rank priority of companies with the strongest 2017 influence.
Editorial Publication Standard Entries are written in formal 2017 publication language suitable for direct InfluenceAsia ranking pages, company cards, institutional tables and annual editorial features.
- 2017 Sector Contribution 24%
- Scale and Adoption 18%
- Technology and Product Originality 16%
- Capital and Institutional Signal 12%
- Regional Relevance 12%
- Financial Inclusion and Market Modernization 10%
- Governance and Strategic Durability 8%
Copyright and legal statement
Copyright
Copyright 2017 InfluenceAsia. All rights reserved. The ranking structure, scoring presentation, selection framework, editorial wording and company profiles are prepared as an InfluenceAsia original editorial and research work.
Editorial Independence
Inclusion in the ranking does not imply sponsorship, endorsement, partnership, nomination, payment, approval, data submission or participation by any company included in the list.
Legal Disclaimer
Fintech companies may involve credit risk, market risk, liquidity risk, operational risk, cybersecurity risk, regulatory risk, conduct risk and consumer-protection risk. InfluenceAsia does not guarantee the completeness, future performance, solvency, compliance status or commercial suitability of any company in the ranking.