Knight Fintech raises Series A funding led by Accel
02 Jan 2026, 03:23 PMThe funding round also saw participation from IIFL and Rocket Capital, along with existing investors.
Team Head&Tale
Share the story on
Banking infrastructure startup Knight Fintech has raised $23.6 million in its Series A funding round led by Accel.
The funding round also saw participation from IIFL and Rocket Capital, along with existing investors Prime Venture Partners, 3One4 Capital, Commerce VC, and Trifecta Capital.
The Mumbai-based startup will use the fresh capital to strengthen product capabilities and support international expansion as it plans to enter markets across Asia Pacific and the Gulf region.
Knight Fintech, which was founded in 2019 by Kushal Rastogi and Parthesh Shah, builds core infrastructure that connects banks, lenders, platforms, and borrowers to enable capital flow across the financial ecosystem. The firm operates products spanning co-lending, digital lending, embedded finance, and treasury management. Its co-lending stack allows banks and large NBFCs to partner with other institutions to originate and distribute loans.
Knight Fintech works with financial institutions such as Bank of Baroda, Bank of India, ICICI Securities, IIFL Finance, Bajaj Auto, Muthoot Fincorp, and NABARD, currently supporting over 150 partnerships across 85 lenders.
Last year, another banking infrastructure startup TransBnk raised $25 million in its Series B funding round led by Bessemer Venture Partners.
Who Reads Us
“I enjoy reading The Head and Tale for their coverage on the Fintech landscape. The reporting is incisive and honest, and it demonstrates a sharp understanding of the industry and the issues that concern it. I'd like to extend my best wishes to Arti for her continued success.”
“Well-researched, informative and analysis based reporting makes an interesting read. 'The Head and Tale' news portal has been demonstrating this quite well covering fintech and emerging tech sectors. Their timely updates, exclusive stories and different perspectives on these sectors help me stay informed. Kudos to Arti Singh for pursuing her passion and best wishes to the team.”
“The Head and Tale stands out for its deep industry knowledge and impressive network of sources. I especially appreciate that the reporting remains independent, rarely resorting to paid puff pieces, making it a publication I can genuinely trust. Having followed Arti’s work for years, I’ve come to rely on The Head and Tale for its unparalleled insight and truly independent coverage. Arti’s long-standing presence in the sector means her reporting is always informed, with access few can match.”
“What I really appreciate about The Head and Tale is that it doesn’t just report the news, it interprets it. The stories are well-researched, comprehensive, and bold. Arti brings a fearless lens to reporting, often asking the uncomfortable but necessary questions. She makes you pause, reflect, and rethink what it all means for the payments and fintech ecosystem. It’s rare to find journalism that’s this sharp, timely, and relevant to the work we do every day.”
“I’ve always valued journalism that goes beyond surface-level headlines. The Head and Tale does exactly that - it connects the dots, asks the tough questions, and brings clarity to the shifts shaping our evolving industry. I’ve even encouraged my team members to subscribe, because staying informed through credible, deeply reported stories is as important as building products. For me, The Head and Tale has become part of essential reading.”
