Knight FinTech Secures $30M+ Funding, Onboards Ex-Infosys Finacle Chief

Business
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CNBC TV18•02-01-2026, 17:24
Knight FinTech Secures $30M+ Funding, Onboards Ex-Infosys Finacle Chief
- •Knight FinTech raised over $30 million in total funding, including a $23.6 million Series A led by Accel.
- •The company claims to be India's first 'soonicorn' of 2026, founded in 2019 by Kushal Rastogi.
- •It provides AI-first infrastructure for banking and digital lending, supporting 150+ partnerships and 85 lenders.
- •Knight FinTech enabled over $7 billion in disbursements, manages $5 billion+ AUM, and reported 120% YoY growth.
- •Funds will strengthen AI product roadmap, expand to Middle East and APAC, onboarding Sanat Rao as advisor.
Why It Matters: Knight FinTech's significant funding and strategic expansion mark its rise as a key FinTech player.
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