India ranked as the third-most active fintech market globally in 2025, recording 226 financings and trailing only the United States and the United Kingdom, according to the FT Partners 2025 Annual FinTech Almanac.
The United States led global activity with 1,661 deals, followed by the UK with 336, while India accounted for roughly 6% of global fintech deal volume. Indian fintech firms collectively raised about $4,531 million during the year, representing close to 6% of global funding value, marking the country’s growing relevance in the global financial technology landscape.
The ranking indicates India’s continued rise as one of the world’s most active fintech ecosystems, supported by rapid digital adoption, a large mobile-first user base, and strong policy-driven infrastructure such as real-time payments and digital identity frameworks.