Digital lending infrastructure for India's next billion receives $40 million investment from FinBox
FinBox, a credit infrastructure fintech startup founded in 2017 by Rajat, Anant, Nikhi, and Srijan, has raised $40 million in a Series B funding round. The funding round was led by WestBridge Capital, with participation from existing investors A91 Partners and Aditya Birla Ventures.
The co-founder of FinBox, Raghavendra Pratap Singh, has been instrumental in the growth of the fintech startup. WestBridge Capital believes FinBox is well-positioned towards becoming an integral layer of India's evolving digital credit infrastructure.
FinBox's AI-native digital lending platform, Sentinel BRE & Partnership Lending Stack (Prism), continues to help lenders manage risk with its data & API suite - BankConnect, DeviceConnect & KYC APIs. The startup plans to use the fresh capital to accelerate investments in technology and continue deepening its digital lending stack.
FinBox's modular architecture, data intelligence, and embedded applications create a strong foundation for scalable digital lending. The startup aims to expand its portfolio of solutions to build agentic AI workflows and develop a fraud intelligence suite.
Deepak Ramineedi, Partner at WestBridge Capital, expressed excitement about partnering with FinBox in its next phase of growth. He said, 'FinBox's platform is product-first, addressing critical gaps in India's credit ecosystem.'
FinBox's mission is to empower lenders to source better, underwrite faster, fight fraud more effectively, and extend fairer, more accessible credit to millions. The startup continues to focus on digitizing lending and plans to launch new products, expand internationally, and stay true to its vision of creating sustainable, world-class financial infrastructure from India for the world.
The founding team of FinBox considers the recent funding as an important milestone in their journey to redefine credit infrastructure and intelligence for the next decade. FinBox also plans to develop a fraud intelligence suite and expand its portfolio of solutions to build agentic AI workflows.
With the successful completion of the Series B funding round, FinBox is poised to make significant strides in the digital lending space, offering innovative solutions to lenders and transforming the credit landscape in India and beyond.
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