Upswing Financial Technologies

Upswing Financial Technologies is an Indian fintech company founded in 2021 by Anupam Bagchi and Nihar Gupta.

Based in Mumbai, with significant operations in Bengaluru and Pune, Upswing specializes in providing a comprehensive "Banking-as-a-Service" (BaaS) platform. This platform simplifies the integration of financial services for consumer technology companies and fintechs, allowing them to launch various financial products like savings accounts, lending, and payments quickly and efficiently. The company's primary offering, Upswing.one, features a modular API infrastructure that connects partners directly to banking services. It includes pre-built modules for savings, deposits, lending, and payments, while also managing compliance and security. Upswing operates on a subscription and usage-based pricing model, making it easier for businesses to enter the financial services market. With over $8.2 million in funding and a valuation of approximately $34.5 million as of late 2023, Upswing is positioned as a key player in the evolving open finance landscape.