Knight Fintech Secures $23.6M Series A Led by Accel for Lending Infra Expansion

• Mumbai-based Knight Fintech raised $23.6 million in Series A, led by Accel, with IIFL and Rocket Capital participating, bringing total funding over $30 million.
• The firm specializes in backend lending and treasury platforms for banks and NBFCs, attracting investor interest in infrastructure over consumer fintechs.
• New capital will be used to deepen its AI-native product stack across embedded finance, automated credit underwriting, and risk intelligence.
• Knight Fintech plans to expand into the Middle East and Asia-Pacific markets, offering modular digital lending and treasury systems.
• The company has facilitated over $7 billion in disbursements, manages $5 billion in active AUM, and targets $85-100 million revenue in four years.

Why It Matters: Knight Fintech secures major funding to expand its crucial backend lending infrastructure globally.