Modernizing the digital lending structure for India's next billion residents receives a $40 million investment from FinBox.
FinBox, a credit infrastructure fintech startup founded in 2017 by Rajat, Anant, Nikhi, and Srijan, has announced a successful Series B funding round, securing $40 million. The funding round was led by WestBridge Capital, with participation from A91 Partners and Aditya Birla Ventures.
WestBridge Capital, known for its investment in tech-driven businesses, is excited to partner with FinBox in its next phase of growth. Deepak Ramineedi, Partner at WestBridge Capital, expressed his belief that FinBox is well-positioned towards becoming an integral layer of India's evolving digital credit infrastructure.
The fresh capital will be used to accelerate investments in technology, deepen the digital lending stack, launch new products, and expand internationally while staying true to FinBox's vision of creating sustainable, world-class financial infrastructure from India for the world.
FinBox's modular architecture, data intelligence, and embedded applications create a strong foundation for scalable digital lending. The startup continues to help lenders manage risk with its data & API suite - BankConnect, DeviceConnect & KYC APIs. In addition, FinBox plans to develop a fraud intelligence suite and expand its portfolio of solutions to build agentic AI workflows.
The startup's focus is on digitising lending through its AI-native digital lending platform, Sentinel BRE & Partnership Lending Stack (Prism). FinBox aims to use the funds for international expansion and deepening its product offerings.
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 funding marks an important milestone in FinBox's journey to redefine credit infrastructure and intelligence for the next decade.
With this funding, FinBox is poised to make significant strides in the digital lending landscape, contributing to a more efficient, accessible, and fair credit ecosystem.
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