Knight Fintech Raises $23.6M Series A to Scale Banking Infrastructure…

Team S · 2026-01-07T13:13:24.000Z

Knight Fintech Pvt Ltd, a Mumbai-based banking software and financial infrastructure startup, has successfully closed a $23.6 million Series A funding round led by Accel, underscoring strong investor confidence in its AI-driven credit and lending technology solutions. The company builds core systems that help banks, lenders, fintechs and platforms manage co-lending, digital lending, embedded finance and treasury operations, enabling more efficient capital flows and risk management across the financial ecosystem. The $23.6M Series A round was led by Accel, with participation from IIFL, Rocket Capital, and continued support from existing backers including Prime Venture Partners, 3one4 Capital, Commerce VC and Trifecta Capital - signaling robust conviction in Knight Fintech’s product roadmap and expansion strategy. This financing brings the company’s total funding to over $30 million since its 2019 inception and will be deployed to strengthen its AI-native product suite, enhance capabilities like automated credit underwriting, risk intelligence and fraud detection, and support international expansion across the Middle East, Asia-Pacific and Gulf markets. Knight Fintech’s offerings include platforms that enable banks to issue loans, manage portfolios and track loan performance through advanced dashboards, while products like Aurix and Beacon help build customer-facing financial applications and manage institutional assets respectively. CEO Kushal Rastogi highlighted that the company’s co-lending and treasury management operations are already scaling meaningfully, positioning Knight Fintech as a significant financial infrastructure enabler in the region. #KnightFintech #Fintech #BankingInfrastructure #SeriesA #Accel #StartupFunding #DigitalLending #EmbeddedFinance #AIinFinance #FinancialServices #GrowthFunding #GlobalExpansion #TechStartups

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Knight Fintech Raises $23.6M Series A to Scale Banking Infrastructure… | Newnex