Funding · Financial Services

Knight FinTech raises $23.6M Series A led by Accel

By Startup Enthusiast · 2 January 2026

What they do

Knight FinTech provides banking and lending infrastructure to banks, NBFCs, and fintechs

It raised $23.6 million in Series A funding led by Accel, with participation from IIFL and Rocket Capital

The company has facilitated over $7 billion in cumulative disbursements and manages over $125 billion in treasury assets

Knight FinTech raised $23.6 million in a Series A funding round.
The round was led by Accel, a global venture capital firm.
IIFL and Rocket Capital also participated in the round.
Existing investors Prime Venture Partners, 3one4 Capital, Commerce VC, and Trifecta Capital also joined.
The company plans to use the funds to strengthen its AI-native roadmap.
This includes building tools for risk intelligence, fraud detection, and automated credit underwriting.
Knight FinTech also aims to expand internationally into the Middle East and APAC regions.
It has onboarded Sanat Rao as an investor and board advisor for global expansion.

Knight FinTech has reported 120% year-on-year growth for the past three years.
Its quarterly disbursements are approaching $1 billion.
The company has a client base of over 85 financial institutions, including major banks like Bank of Baroda and ICICI Securities.
It manages over $125 billion in treasury platform assets.

Knight FinTech provides banking and lending infrastructure to banks, NBFCs, and fintechs.
Its products include co-lending, digital lending, embedded finance, and treasury management.
Aurix helps banks build customer-facing financial apps, including Aurix Chat for WhatsApp loan applications.
Beacon is a platform for managing finance assets, risk identification, and investment strategy simulation.
The company has over 85 financial institution clients and 150 partnerships.
It has facilitated over $7 billion in cumulative disbursements.
It manages over $5 billion in active assets under management (AUM).
Its treasury platform manages over $125 billion in assets.

Strengthen AI-native roadmap for risk intelligence, fraud detection, and automated credit underwriting.
Expand internationally into the Middle East and APAC regions.
Target revenue of $85–100M annually within the next four years.
Target AUM beyond $50B over the next four years.

Product: Core banking and lending infrastructure software covering co-lending, digital lending, embedded finance, and treasury management
Customers: Banks, non-banking financial companies (NBFCs), and fintech platforms
How it makes money: Charges software licensing fees, SaaS subscriptions, and transaction-based usage fees on loan disbursements
What sets it apart: Plug-and-play co-lending and digital lending stack integrated across more than 85 institutional lenders