Knight FinTech Secures $30M+ Funding, Onboards Ex-Infosys Finacle Chief
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CNBC TV1802-01-2026, 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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