With India’s corporate banking lagging decades behind consumer fintech, TransBnk raises $25M to bridge the gap

While digitization has transformed banking for Indian consumers, corporate banking has been left in the slow lane — still relying heavily on clunky infrastructure, paper trails, and spreadsheet-heavy workflows. TransBnk wants to address that gap, and Bessemer Venture Partners has invested in the three-year-old startup in a $25 million round to accelerate its progress.

Over the past decade, India has experienced a significant boom in consumer fintech, driven by transformative shifts such as the rise of digital payments through the…