Uback segment Fintech › Payments › Mobile wallets

Paytm and its private challengers in India

Non-listed Indian startups that compete with Paytm, as ranked by Uback on 7 Oct 2026. Listed companies are never ranked.

#	Company	Valuation
—	PaytmListed · NSE · PAYTM	INR 1.11 lakh cr (USD 11.6bn)Market cap · Oct 2026
2	PhonePeFintech › UPI payments and financial services	≈ USD 14bnDecacorn · AI estimate	Back
4	CREDFintech › credit-card payments and rewards	≈ USD 4.5bnUnicorn · AI estimate	Back
13	RazorpayFintech › payment gateway and business banking	≈ USD 1.9bnUnicorn · AI estimate	Back
14	BharatPeFintech › merchant QR payments and lending	≈ USD 1.9bnUnicorn · AI estimate	Back
32	JuspayFintech › payment orchestration	≈ USD 1.2bnUnicorn · AI estimate	Back

Full India ranking →

Uback is a content publisher. It ranks non-listed companies only and gives no opinion on listed companies: the figures above are facts from company filings and market data, at the date shown, never a recommendation. Sources are kept in Uback’s data and not shown per company. No intention can be declared on a listed company. Method