India
activeNeobank
- HQ
- Bengaluru
- Fee
- Free core
Fi
Indian neobank that bet on US stocks and a Federal Bank account.
Rate this app
6.9Mixed
AlternativesOur take
Desk verdict
Useful if the US-stocks sleeve is why you opened it. For a plain salary account, a scheduled bank app is safer and duller.
epiFi (Fi) is an Indian fintech wrapping a partner-bank account with automation and overseas investing. The deposit is at the scheduled bank. The stocks are not.
Fi lists Partner-bank fintech under RBI (partner bank) in India. On safeguarding we currently write: DICGC on the partner scheduled bank. Holder / issuer line: Federal Bank / Axis-era partners — confirm in-app. An AML programme is claimed. There is no IBAN-class local rail on the flags we store. We list 1 live markets on the product. As we score the sticker: monthly Free core · Fit Rules / US stocks extras; FX On US-investing FX conversion; ATM Partner ATM rules. This desk would open it for: Indian millennials who want US stocks next to a salary account.
What it does well: Fit Rules are still clever; US investing hook; Clean analytics. What to watch: Partner-bank model; US stocks ≠ bank deposits; Category has thinned. Desk score 6.9 / 10 (safety 6.8, fees 7.8, features 8.0, app 8.2). Last verified 2026-08-01. Headquartered in Bengaluru, India; founded 2019. None of this is advice — it is a file so you can read the entity before the card colour.
Best for: Indian millennials who want US stocks next to a salary account.
Pros
- +Fit Rules are still clever
- +US investing hook
- +Clean analytics
Cons
- −Partner-bank model
- −US stocks ≠ bank deposits
- −Category has thinned
Account facts
- Platforms
- iOS · Android
- Account types
- Savings · US stocks · UPI
- Partner bank
- Federal Bank / Axis-era partners (confirm live)
- Minimum balance
- ₹0
- Lowest monthly fee
- ₹0
- Who can open
- Indian residents
- Availability
- India
How it actually works
- Custody
- Insured bank deposit
- Local rails
- UPI / INR
- Built for
- Personal · Investing
- Settlement
- App-ledger instant; bank rails per corridor
- Review risk
- Fintech reviews can pause inbound while they check a transfer
- Pay surface
- visa · physical · virtual · Google Pay
Safety
DICGC on the partner scheduled bank
Holder / issuer: Federal Bank / Axis-era partners — confirm in-app
- RBI (partner bank)Partner-bank fintech · India
Fees
- Monthly
- Free core · Fit Rules / US stocks extras
- FX markup
- On US-investing FX conversion
- ATM
- Partner ATM rules
Features
- –IBAN
- ✓Fee-free core
- –Multi-currency
- –Apple Pay
- ✓Google Pay
- ✓Virtual card
- ✓Physical card
- –Metal card
- –Crypto
- ✓Stocks
- –Business
- –Kids
- –Halal
- Federal Bank savings account
- US stocks (GIFT City / partner brokerage)
- Fit Rules automation
- Debit card
- Analytics
Score
- Safety25%
- 6.8
- Fees20%
- 7.8
- Features15%
- 8.0
- App15%
- 8.2
- Global15%
- 4.2
- Support10%
- 6.0
Change log
Full logNo dated notes yet. When the licence, fees, or status moves, it lands here.
Available in
FAQ
Is Fi a bank?+–
Fi is not a licensed deposit-taker in the classic sense. Money, if any, sits with Federal Bank / Axis-era partners — confirm in-app.
How is money protected?+–
DICGC on the partner scheduled bank
Where is Fi available?+–
We list 1 market desk on the desk. Residency and onboarding rules still sit with Fi.
Card and wallets?+–
visa · physical · virtual · Google Pay
Ratings and reviews
No published user reviews yet. The desk score still comes from licence, fees, and the product — not from a empty star average.
Alternatives
Full alternatives page
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- HQ
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- Fee
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