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Knight FinTech raises $23.6 million to expand AI banking infrastructure

Knight FinTech raised $23.6 million to scale its AI-first banking infrastructure and global expansion.
Mumbai-based Knight FinTech raised USD 23.6 million (around ₹196 crore) in a Series A round led by Accel, with participation from IIFL, Prime Ventures, Rocket Capital and 3one4 Capital. The company serves over 85 financial institutions and has processed more than USD 7 billion in disbursements, aiming to scale AI-led risk and treasury platforms globally.