Knight Fintech secures $23.6 million from Accel, IIFL, & others

Mumbai-based banking infra company Knight Fintech has raised $23.6 million in a funding round led by early-stage venture firm Accel, with participation from IIFL and Rocket Capital. Existing investors Prime Venture Partners, 3One4 Capital, Commerce VC, and Trifecta Capital also participated in the round.

This takes Knight Fintech’s total funding to $30 million.

Founded in 2019, Knight FinTech builds core infra connecting banks, lenders, platforms, and borrowers, that enables the flow of capital. The startup has also developed co-lending…