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Upstox Alternatives & Competitors

The closest alternatives to Upstox are Konfio, Melio and Apex Fintech Solutions. Upstox generates $151M in revenue with 2.1K employees. Every one of the 20 similar companies below is compared with Upstox on revenue, funding, customers, team size and founding year.

Upstox at a glance

Revenue
$151M
Valuation
$3.4B
Team size
2.1K
Founded
2009

Upstox vs its top alternatives

Upstox is pinned as the first column so every figure is read against it. Blank cells are figures we have not verified, never zeros.

Upstox compared with its top alternatives on revenue, funding, customers and team size
CompanyUpstox logoUpstoxThis companyKonfio logoKonfioMelio logoMelioApex Fintech Solutions logoApex Fintech SolutionsFamPay logoFamPayAjaib logoAjaibSolaris logoSolarisLunar logoLunarAffiniPay logoAffiniPayClip logoClip
Revenue$151M$150M$157.2M$157.5M$159.5M$142.1M$137M$132M$131.6M$173M
Valuation$3.4BNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosed
Funding raisedNot disclosed$253M$250MNot disclosedNot disclosed$243M$348.1M$315MNot disclosed$150M
CustomersNot disclosedNot disclosed119KNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosed
Team size2.1K1K6238531.1K7846155696231.2K
Founded2009201320182012201920192015201520052012
HQMumbai, IndiaMexicoUnited StatesUnited StatesIndiaIndonesiaGermanyDenmarkUnited StatesMexico

Top Financial Services Software companies similar to Upstox

Konfio logo

1. Konfio

Mexico · Financial Services Software

Konfio is a financial services platform for small and medium businesses in Mexico that offers corporate credit cards, working capital loans, and payment solutions through a digital platform.

Konfio revenue & fundingUpstox vs Konfio

Revenue
$150M
Funding
$253M
Team size
1K
Melio logo

2. Melio

United States · Financial Services Software

Melio helps small businesses pay bills and get paid digitally, instead of through paper checks. Aiming to differentiate itself from larger competitor Bill.com, Melio focuses on embedding its payment technology into…

Melio revenue & fundingUpstox vs Melio

Revenue
$157.2M
Funding
$250M
Customers
119K
Team size
623
Ajaib logo

5. Ajaib

Indonesia · Financial Services Software

Founded in 2019, Ajaib is a rapidly growing investment platform in Indonesia. It offers financial technology services such as stock trading, mutual funds, and coins. The simplicity of investing through Ajaib inspired…

Ajaib revenue & fundingUpstox vs Ajaib

Revenue
$142.1M
Funding
$243M
Team size
784
Solaris logo

6. Solaris

Germany · Financial Services Software

Solaris SE (formerly Solarisbank AG) is a credit institution licensed in Germany with a full banking license, operating as a Banking-as-a-Service platform, enabling businesses to offer financial products and services…

Solaris revenue & fundingUpstox vs Solaris

Revenue
$137M
Funding
$348.1M
Team size
615
Lunar logo

7. Lunar

Denmark · Financial Services Software

Lunar is a digital challenger bank dedicated to simplifying and enriching people’s financial lives by creating the best everyday bank in the Nordics. Founded in Aarhus, Denmark we received our banking license in 2019…

Lunar revenue & fundingUpstox vs Lunar

Revenue
$132M
Funding
$315M
Team size
569
AffiniPay logo

8. AffiniPay

United States · Financial Services Software

Professional-services payment company serving legal, accounting, engineering and construction firms with legal practice management software serving over 65,000 law firms

AffiniPay revenue & fundingUpstox vs AffiniPay

Revenue
$131.6M
Team size
623
Clip logo

9. Clip

Mexico · Financial Services Software

Clip is primarily focused on financial software. It has established itself as a significant player in the financial technology sector.

Clip revenue & fundingUpstox vs Clip

Revenue
$173M
Funding
$150M
Team size
1.2K
OneCard logo

10. OneCard

India · Financial Services Software

OneCard is a mobile-first credit card platform that enables users to manage credit cards issued by RBI-approved banks and financial institutions, allowing for end-to-end management and control over credit options.

OneCard revenue & fundingUpstox vs OneCard

Revenue
$177M
Funding
$128.5M
Team size
954
nCino logo

11. nCino

United States · Financial Services Software

nCino (NASDAQ: NCNO) is powering a new era in financial services. 🚀 The Company was founded to help financial institutions digitize and reengineer business processes to boost efficiencies and create better banking…

nCino revenue & fundingUpstox vs nCino

Revenue
$183.6M
Funding
$213.3M
Customers
1.2K
Team size
1.7K
Abrigo logo

13. Abrigo

United States · Financial Services Software

Abrigo provides market-leading compliance, credit risk, and lending solutions to enable its customers to think bigger, allowing them to both manage risk and drive growth. Our mission to “Make Big Things Happen”…

Abrigo revenue & fundingUpstox vs Abrigo

Revenue
$196.1M
Team size
874
Ameri 100 logo

14. Ameri 100

United States · Financial Services Software

Ameri100 is a provider of SAP strategy consulting and technology management firm. The company offers classic technology consulting and product-based technology consulting services to its customer. It serves companies…

Ameri 100 revenue & fundingUpstox vs Ameri 100

Revenue
$104.8M
Team size
188
Ridgeline logo

15. Ridgeline

United States · Financial Services Software

Ridgeline® is the industry cloud platform for investment management. It was founded in 2017 by visionary entrepreneur Dave Duffield (co-founder of both PeopleSoft and Workday) to address the unique technology challenges…

Ridgeline revenue & fundingUpstox vs Ridgeline

Revenue
$104.4M
Team size
458
Raisin logo

16. Raisin

Germany · Financial Services Software

Raisin is an operator of a deposit marketplace intended to provide access to the best interest rates from across Europe. The company's platform allows users to access term deposits safely and securely online, with…

Raisin revenue & fundingUpstox vs Raisin

Revenue
$198.4M
Funding
$211.9M
Customers
1.3M
Team size
533
Super.com logo

17. Super.com

United States · Financial Services Software

Super.com is a technology company on a mission to democratize access to rewards and savings, empowering users to save and spend less. It operates an all-in-one savings app offering services in travel and financial…

Super.com revenue & fundingUpstox vs Super.com

Revenue
$102.3M
Team size
630
Backbase logo

19. Backbase

Netherlands · Financial Services Software

Backbase built the AI-native Banking OS - the operating system that turns fragmented banking operations into a Unified Frontline. The Banking OS sits above systems of record and coordinates execution across customers…

Backbase revenue & fundingUpstox vs Backbase

Revenue
$200M
Funding
$128M
Customers
150
Team size
2.1K

Upstox vs the Financial Services Software market

Upstox ranks #28 of 687 Financial Services Software companies by annual revenue, putting it in the top 4% of the market.

Companies tracked
687
Median revenue
$4M
Median funding
$20M
Median team size
35

Upstox funding

Upstox funding rounds with amount raised and valuation
DateRoundAmountValuation
Aug 2022Series CNot disclosed$3.4B

Upstox competitors FAQ

What companies are similar to Upstox?

The closest alternatives to Upstox are Konfio, Melio and Apex Fintech Solutions, all active in Financial Services Software. This page compares each of them with Upstox on revenue, funding, customers and team size.

What is the best alternative to Upstox?

Konfio is the closest alternative to Upstox, generating $150M in revenue. Which alternative fits best depends on budget and company size, so compare all 20 similar companies above before choosing.

How much revenue does Upstox generate?

Upstox generates $151M in revenue.

Is Upstox bigger than Konfio?

Yes. Upstox generates $151M in revenue versus $150M at Konfio.