Finfactor raises $15 million in Series A, led by WestBridge Capital

Funds will boost analytics, product development, and support Finvu Account Aggregator's growth in lending and wealth management

Finfactor, the parent company of Finvu Account Aggregator (“Finvu AA”), a technology provider enabling India’s open finance infrastructure for lending and wealth management, has raised $15 million in its Series A funding round, led by WestBridge Capital, with participation from existing investors Varanium Capital, DMI Sparkle Fund and IIFL Fintech Fund.

 

The funds raised will be used to build and scale products that address the evolving needs of financial institutions, enhance Finfactor’s analytics suite and accelerate the company’s strategy to become a full-stack technology provider for banks and BFSI clients.

 

The Pune-based firm is co-founded by Manoj Alandkar and Munish