Jupiter is a Bengaluru-based neobank offering a zero-fee savings account, smart analytics, investments and a Visa debit card -- powered by Federal Bank.
Jupiter occupies contested middle ground. Customer ratings hold steady at 3.5/5 across platforms, but sentiment momentum has deteriorated sharply—the NeoBase index dropped 9 points week-over-week to 59/100. Media coverage splits between funding wins (ParaFi's $35m Solana investment, domestic raises) and strategic setbacks (failed State Bank of Mauritius stake acquisition). The divergence suggests investors remain engaged despite execution headwinds dampening broader perception.
Sentiment index
our score · updated weeklyWhere Jupiter operates
1 marketsRatings across platforms
★ 3.5 avg · 107 ratings · 2 platformsRating distribution
Trustpilot · App StoreCompany responsiveness
In the media
brand coverageFintech Jupiter's plan to pick stake in State Bank of Mauritius India arm falls through
www.moneycontrol.com · 4mo ago
Fintech Jupiter's plan to pick stake in State Bank of Mauritius India arm falls through ... Tiger Global-backed fintech Jupiter Money's bid to...
ParaFi invests $35m in Solana DeFi platform Jupiter
www.fintechfutures.com · 6mo ago
ParaFi invests $35m in Solana DeFi platform Jupiter. This is the first time Jupiter has accepted outside institutional capital, and will use the...
Indian fintech platform Jupiter Money secures $13m funding
www.techinasia.com · 9mo ago
Jupiter's profitability bet rests on NBFC lending over user growth. FY24 operating revenue was ₹51.2 crore with losses of ₹233.63 crore, so it...
Jupiter Nets $15 Mn At A Flat $600 Mn Valuation
inc42.com · 9mo ago
Fintech startup Jupiter has raised $15 Mn from existing backers Mirae Asset Venture Investments, BEENEXT and 3one4 Capital.
Jupiter Money raises $15 Mn from Mirae Asset, Beenext, and 3one4 Capital
entrackr.com · 9mo ago
Fintech startup Jupiter Money has raised $15 million (about Rs 115 crore) in a funding round from existing investors including Mirae Asset...
Latest from social
SampleBehind every feature is a team obsessed with the details. A look at how Jupiter ships.
Transparency matters. Here's how Jupiter keeps your money safe and your fees clear.
Big milestone for the Jupiter community — thank you to everyone who's joined us on the journey. More to come. 🚀
Behind every feature is a team obsessed with the details. A look at how Jupiter ships.
What people are saying
SampleAnyone else having issues with Jupiter verification today? Been stuck for hours 😤
Great thread on how Jupiter is rethinking cross-border payments. Worth a read for anyone in fintech.
Switched to Jupiter and honestly not looking back. The fee transparency alone is worth it.
Been using Jupiter for 6 months now — the app just works. Transfers land instantly and support actually replies.
If you're comparing neobanks in 2026, Jupiter keeps coming up in every conversation I have.
Company
About Jupiter
Jupiter was founded in 2019 by Jitendra Gupta (former MD of PayU India) and launched in 2021. It operates through Federal Bank and offers a feature-rich savings account with real-time spending insights, automatic savings (Pots), mutual fund investments and a Visa debit card. Jupiter raised $86M in Series C and is valued at $711M.
Frequently asked questions
How does Jupiter differ from a traditional Indian bank account?
Jupiter offers zero fees on account and card, real-time spending analysis with automatic categorisation (transport, food, shopping), smart savings sub-accounts called Pots and instant transaction notifications — features rarely offered by traditional Indian banks.
Who is Jupiter's banking partner?
Jupiter operates through Federal Bank — a private bank regulated by the RBI with over 80 years of history and 1,400+ branches. Customer funds are held in a Federal Bank savings account and covered by the DICGC up to ₹5 lakh.
Does Jupiter offer investments?
Yes, Jupiter offers mutual fund investments directly in the app with no distribution commission. Equity, debt and hybrid funds are available from multiple fund houses. This allows customers to combine everyday banking and investing in one place.
How do Pots work in Jupiter?
Pots are separate savings sub-accounts for specific goals (a holiday, an emergency fund, new electronics). You can add funds manually or set automatic transfers after each incoming payment. Funds in Pots earn the same interest rate as the main savings account.
Is Jupiter available outside India?
No, Jupiter is available exclusively in India. An Aadhaar card and PAN card are required for KYC. The account can be opened fully digitally in a few minutes. There are no current plans for international expansion.
Ratings & sentiment aggregated from Trustpilot, Google Play and App Store — anonymised store metrics only, no individual reviews.