# Mumbai-based banking infra company Knight Fintech has raised $23.6 million in a funding round led by early-stage venture firm Accel.

*fintech · news · 2026-01-02 · The Economic Times*

## Key points

- Knight Fintech has raised $23.6 million in a funding round led by Accel.
- The company now manages over $125 billion in treasury assets for banks and NBFCs.
- Knight Fintech has facilitated $7 billion in disbursements and manages $5 billion in active assets.
- The firm plans international expansion into Asia Pacific and Gulf countries using this funding.
- Knight Fintech aims to reach $85–100 million in annual revenues within four years.

**Companies:** Knight Fintech, IIFL Finance, ICICI Securities, Bank of Baroda, Bank of India, Bajaj Auto, Muthoot Fincorp, NABARD
**Countries:** India

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/tech/funding/knight-fintech-secures-23-6-million-from-accel-iifl-others/articleshow/126290842.cms)

---

Canonical: https://newsio.io/n/17c617d8-324f-49a9-b2d3-bf4a96426530/mumbai-based-banking-infra-company-knight-fintech-has-raised-23-6-million-in-a-f
Summarized by Newsio from The Economic Times. https://newsio.io/how-it-works