Hyderabad, a vibrant tech scenario along with a rich cultural charm, is slowly becoming a hotbed in the financial world too. Its financial sector, which currently has over 200,000 people working there, is constantly increasing at a great speed.
Financial services companies alone took up 30% of the total office space leased, providing proof of just how much the industry is thriving here. Adding to this momentum is a buzzing fintech ecosystem with 10,000+ startups, making Hyderabad a hotbed of innovation.
In this blog, we’ll take you through the top 10 finance companies in Hyderabad—the big names and rising stars driving this exciting transformation.
Fintech Ecosystem of Hyderabad
The factors mentioned below are collectively responsible for the positioning of Hyderabad as a flourishing centre for fintech, driving innovation, collaboration, and technological advancements in the financial industry.
Rapid Growth of BFSI Sector:
- Hyderabad has now emerged as a major destination in the Banking, Financial Services, and Insurance (BFSI) sector in India.
- It employed around 200,000 people in July 2024.
Presence of Major Financial Institutions:
Hyderabad is home to some of the world’s most prominent financial companies, such as Wells Fargo, Bank of America, JPMorgan Chase, HSBC, and ICICI Bank.
Fintech Startups and Innovation:
- In 2020, Hyderabad was home to 133 fintech startups, ranking fourth in India after Bengaluru, Mumbai, and New Delhi.
- By 2024, the number of startups in Hyderabad across sectors had crossed 10,000.
Strategic Fintech Growth Prospects:
The global fintech industry is projected to grow at a CAGR of 22.17%, with the Asia-Pacific region leading at 43.34% over five years. Hyderabad is strategically positioned to benefit from this trend.
Hyderabad Fintech Forum:
The Hyderabad Fintech Forum (HFF) plays a vital role in fostering growth by connecting startups, financial institutions, and investors. It aims to position Hyderabad as a global fintech leader.
Key Companies and Global Players:
Major financial technology companies such as Paytm, PhonePe, and Fiserv have established significant operations in the city. Additionally, Hyderabad hosts many emerging fintech startups specializing in payment solutions, lending platforms, and blockchain technologies.
Government Initiatives and Policy Support:
The Telangana government has initiated various programs that encourage fintech growth. It has introduced incentives for startups, dedicated fintech parks, and collaboration with global accelerators. The T-Hub innovation center is the main enabler of fintech and tech startups.
Access to Talent:
Hyderabad’s rich pool of engineering and management graduates from institutions like IIIT-Hyderabad, ISB, and IIT-Hyderabad strengthens the fintech ecosystem by providing skilled professionals for innovation and development.
Connectivity to Global Markets:
Hyderabad’s strategic location and strong IT infrastructure enable fintech companies to seamlessly connect with domestic and international financial markets.
List of Top Finance Companies in Hyderabad
1. PhonePe
PhonePe is a dynamic fintech company based in Hyderabad, offering a wide range of digital financial services. It’s become a go-to app for millions of users across India, enabling smooth UPI payments, bill payments, insurance, and even investments.
The platform makes it easy for individuals and businesses to manage finances, whether you’re sending money, paying bills, or investing in things like gold. It is an excellent example of how fintech is making financial services easy to use for people.
Average salary: 25.4 lakhs
Services offered:
- UPI Payments
- Bill Payments
- Money Transfer
- Insurance
- Investments
- Gold Investment
- Mobile and DTH Recharge
- Merchant Services
- Lending
- Tax Payments
Website: https://www.phonepe.com/
2. HighRadius
HighRadius is a fintech company that offers cloud-based solutions to automate financial processes, like accounts payable and order-to-cash.
By using AI and machine learning, it helps businesses optimize their cash flow, reduce costs, and improve accuracy in financial reporting.
Their platform serves over 1,100 businesses worldwide, enabling them to handle large volumes of transactions efficiently.
Average salary: 9.1 lakhs
Services offered:
- Order-to-Cash Automation
- Accounts Payable Automation
- Treasury Management
- Cash Application
- Credit Management
- Collections Management
- Financial Close
- AI-powered Data Insights
- AR Automation
Website: https://www.highradius.com/
3. Tide
Tide is an easy-to-use financial platform designed for small businesses, freelancers, and contractors. It helps manage everything from business accounts to invoicing and cash flow.
You can track expenses, handle VAT returns, and apply for loans—all in one place, without worrying about monthly fees. With over a million users worldwide, Tide makes managing business finances simple so entrepreneurs can focus more on growing their businesses.
Average salary: 30 lakhs
Services offered:
- Business Accounts
- Invoicing and Payments
- Expense Tracking
- VAT Returns
- Business Loans
- Cash Flow Management
- Financial Reporting
Website: https://www.tide.co/
4. DBS
DBS is a leading bank offering a variety of personal financial services, including bank accounts, credit cards, loans, insurance, and investment solutions.
They provide an array of tools for managing finances, from online banking to advanced mobile app features. With a strong focus on sustainability, DBS also offers green solutions for customers looking to make environmentally conscious choices.
Average salary: 24.3 lakhs
Services offered:
- Bank Accounts
- Credit Cards
- Loans
- Insurance
- Investments
- Wealth Management
- Digital Banking
- Home & Personal Loans
Website: https://www.dbs.com.sg/personal/default.page
5. Invesco
Invesco is a global investment management firm that offers a broad range of financial services, focusing on equities, fixed-income, and alternative investments.
With a research-driven approach, they help both individuals and institutions reach their financial goals through innovative solutions. Their expertise spans across several regions, including the US, Europe, and Asia.
Average salary: 22.4 lakhs
Services offered:
- Equity Investments
- Fixed Income Solutions
- Multi-Asset Solutions
- Alternative Investments
- ETFs (Exchange-Traded Funds)
- Private Markets
- Wealth Management
- Advisory Services
Website: https://www.invesco.com/corporate/en/home.html
6. CreditVidya
CreditVidya is a leading provider of credit risk and underwriting solutions. They specialize in using advanced data science and AI to offer more accurate credit assessments, particularly for underserved consumers.
By leveraging alternative data sources, CreditVidya helps financial institutions make better lending decisions, reducing defaults and expanding access to credit.
Average salary: 9.8 lakhs
Services offered:
- Credit Risk Assessment
- AI-based Underwriting
- Alternative Data for Credit Scoring
- Fraud Prevention
- Loan Default Prediction
- Customer Segmentation
- Financial Inclusion
Website: https://www.creditvidya.com/
7. Paytm
Paytm is one of the leading digital payment platforms in India, providing easy UPI payments, mobile recharges, bill payments, and many more. It allows its users to send money, shop online, and access services such as insurance, loans, and wealth management.
Paytm also caters to businesses by offering payment gateways, QR code solutions, and point-of-sale systems, thus making it a versatile platform for both consumers and merchants.
Average salary: 27.6 lakhs
Services offered:
- UPI Payments
- Mobile Recharges and Bill Payments
- Online Shopping
- Loans and Insurance
- Wealth Management
- Merchant Services and Payment Gateways
- POS Solutions
Website: https://paytm.com/
8. HSBC
HSBC is one of the world’s largest banking and financial services organizations. It provides various services, including personal banking, commercial banking, and wealth management, among others.
HSBC targets global markets, with a focus on serving businesses, investors, and individual clients, in the pursuit of sustainable growth and financial inclusion.
Average salary: 21.8 lakhs
Services offered:
- Personal Banking
- Commercial Banking
- Wealth and Asset Management
- Global Markets
- Investment Banking
- Private Banking
- Corporate Sustainability Services
- International Trade and Payments
Website: https://www.hsbc.com/
9. Temenos
Temenos offers a variety of banking solutions, which are focused on transforming the financial services industry. They offer core banking, digital banking, and wealth management systems.
Their platform supports retail, corporate, and business banking, empowering financial institutions to offer personalized services. In addition, they specialize in scalable payment solutions, driving faster and more efficient transactions across the industry.
Average salary: 18.3 lakhs
Services offered:
- Core Banking Solutions
- Digital Banking
- Wealth Management Solutions
- Payments Solutions
- Lending Solutions
- Risk and Compliance
- Banking-as-a-Service
- Cloud Solutions
Website: https://www.temenos.com/
10. Angel One
Angel One is one of the biggest and leading online investment platforms in India, which extends services in stock trading, mutual funds, and financial advisory. It provides its customers with simple tools for trading, detailed market research, and portfolio management.
The mobile application allows retail investors to trade seamlessly with real-time insights and support provided by Angel One. They focus on enabling individual investors to make informed decisions and an effective navigation through financial markets.
Average salary: 3 lakhs
Services offered:
- Stock Trading
- Mutual Fund Investments
- Research and Market Analysis
- Portfolio Management
- Investment Advisory
- Trading Platforms and Tools
- Financial Planning
Website: https://www.angelone.in/
Top Job Roles Available in Finance Companies in Hyderabad
If you’re looking to start your career in finance companies in Hyderabad, here are a few roles you can apply to:
1. Financial Analyst
A financial analyst plays a crucial role in helping businesses make smart decisions through analyzing financial data. They dive deep into past financial performance, predict future trends, and create reports to guide important decisions.
If you are eyeing this role, you should be comfortable with numbers and data, and have a knack for forecasting future financial scenarios. Being skilled in tools like Excel, SAP, or QuickBooks will also help, along with a sharp eye for detail and the ability to solve problems quickly when needed.
2. Accountant
Accountants are the unsung heroes who keep the financial records of a company in check. They handle everything from daily transactions to preparing financial statements and tax filings.
To thrive in this role, you need a strong understanding of accounting principles, tax laws, and compliance regulations. Being organized is a must, as you’ll be dealing with a lot of numbers. Proficiency in accounting software like Tally or QuickBooks will also make your job easier and help you stay on top of things.
3. Investment Banker
If you enjoy high-stakes deals and helping companies grow, Investment Banking could be your calling. Investment Bankers assist businesses in raising capital, managing mergers, and providing financial advice during big transactions.
You’ll need a deep understanding of financial analysis, valuation modeling, and financial instruments. Strong communication and negotiation skills are key because you’ll often be dealing with clients and stakeholders. Since this role can be fast-paced, being comfortable under pressure and managing multiple tasks at once is essential.
4. Risk Manager
Risk Managers are the protectors of a company’s financial well-being. They identify potential risks—whether financial, operational, or legal—and come up with strategies to minimize those risks. To succeed here, you’ll need a strong analytical mindset and proficiency in risk modeling.
You’ll also need to stay updated on laws and regulations to ensure the company remains compliant. Being able to think on your feet and make tough decisions quickly is essential since you’ll often need to respond to challenges in real-time.
5. Portfolio Manager
Portfolio Managers are the strategists behind investment portfolios. Their job is to manage and grow the assets of clients or organizations, ensuring their investments align with their financial goals. You’ll need to stay on top of market trends, be skilled at asset allocation, and know how to evaluate performance.
This role also requires good relationship management skills because you will work directly with clients to understand their needs. If you love making calculated decisions that can lead to big financial wins, this could be the perfect fit.
6. Credit Analyst
Credit Analysts are like detectives who assess whether individuals or businesses are creditworthy. They examine financial statements, evaluate risks, and decide if lending money is a good idea.
If you’re someone who loves numbers and enjoys making informed decisions, this role will suit you. You’ll need to be skilled at interpreting financial data and credit ratings, and having the ability to think critically will help you make sound recommendations. A good sense of decision-making and problem-solving capability will avoid unwarranted risks to the organization.
7. Financial Planner
Financial planners advise and help clients devise a strategy on how best they can take control of their finances. For example, this individual can plan or help with matters related to savings for retirement purposes, saving stocks, and managing income tax returns among other issues.
Some of the understanding needed is through knowledge of all forms of investments, taxes, and insurance among many other relevant elements.
Strong communication skills are also essential as you’ll be thoroughly explaining complex financial concepts. The ability to assess risks and adjust strategies based on your client’s needs is key to building trust and guiding them toward success.
8. Treasury Manager
Treasury Managers are in charge of a company’s cash flow, ensuring there’s enough money to keep things running smoothly. They manage financial risks and ensure funds are invested wisely. This role requires strong skills in managing liquidity, cash flow, and financial forecasting.
You’ll also need to think strategically about how the company can make the most of its financial resources. If you’re someone who loves numbers but also enjoys planning for long-term success, this could be a role that combines both elements.
9. Compliance Officer
Compliance Officers are the rule keepers, ensuring that financial institutions follow all necessary laws and regulations. They develop and enforce policies to make sure the company stays compliant with legal standards.
If you enjoy staying up-to-date with changing regulations and ensuring companies stay on the right track, this role might be for you. You’ll need to be detail-oriented, and analytical, and have a strong understanding of financial laws.
The ability to solve problems and create strategies to overcome compliance challenges is key to keeping the company secure from legal risks.
10. Corporate Finance Manager
Corporate Finance Managers are responsible for overseeing a company’s financial health. They handle everything from budgeting to forecasting and ensure that resources are allocated efficiently.
If you’re great with numbers and have a strategic mindset, you’ll enjoy this role. You’ll need strong financial analysis skills to evaluate a company’s performance and make informed decisions about its future.
Leadership skills are also essential since you’ll be guiding teams and making decisions that impact the company’s bottom line. If you’re someone who thrives on managing resources and steering the financial direction of a company, this is a great role for you.
Conclusion
In conclusion, the Finance Companies in Hyderabad scene are buzzing with potential, and it’s clear why it’s becoming a go-to destination for finance professionals.
The city is not only home to major financial institutions but is also nurturing a vibrant fintech ecosystem, making it a perfect mix for both established players and startups.
Whether you’re eyeing a career in banking, investment, or financial planning, Hyderabad offers diverse roles across the board.
With its fast-paced growth and abundance of opportunities, there’s never been a better time to be a part of this thriving financial hub. The future of finance in Hyderabad looks bright, and it’s an exciting time to be a part of it
FAQs
What qualifications do I need to work in finance firms in Hyderabad?
Qualifications will vary by job, but most finance firms in Hyderabad demand a degree in finance, accounting, economics, or a related field. In some cases, CFA, CPA, or FRM can also help you advance your career for specialized roles.
How does Hyderabad compare to other finance hubs in India?
While cities like Mumbai and Bengaluru are traditionally seen as major financial hubs in India, Hyderabad is quickly catching up with its robust infrastructure, growing fintech sector, and the presence of global financial institutions. It offers a more balanced lifestyle and lower living costs compared to other metro cities, making it an attractive option for finance professionals.
Are there opportunities for freshers in finance companies in Hyderabad?
Yes, Hyderabad offers a variety of entry-level positions for freshers, especially in roles such as Financial Analyst, Junior Accountant, and Risk Analyst. Many companies also offer internships, graduate training programs, and on-the-job training to help new professionals get started in the industry.
How is the salary for finance professionals in Hyderabad?
Salaries for finance roles depend on experience, the role, and the company. For example, an entry-level position would range from ₹3-6 lakh per annum; experienced professionals, even in niche streams such as Investment Banking or Portfolio Management, would fetch significantly higher remunerations. Competitive compensation packages are often in line with a steadily growing finance ecosystem.
How do I get an update on job opportunities in finance companies located in Hyderabad?
To stay updated on job openings, you can regularly check job portals like LinkedIn, Naukri, and Indeed, or follow the career pages of top finance companies operating in Hyderabad. Networking with industry professionals through events or joining finance-related groups and forums can also help you learn about opportunities that may not be publicly posted.
