Bengaluru-based fintech startup FinBox has secured $40 million in its Series B funding round, led by WestBridge Capital with participation from A91 Partners and Aditya Birla Ventures. This fresh capital marks a significant milestone for the company, which is working to scale its credit infrastructure, introduce innovative products, and expand globally. The fundraise underscores the growing investor confidence in India’s digital lending ecosystem and the rising importance of embedded finance solutions.
Building Smarter Credit Access for All
Founded in 2017 by Rajat Deshpande and his team, FinBox has steadily evolved into a critical player in the business-to-business credit market. The company provides the technology infrastructure that enables banks, non-banking financial companies (NBFCs), and online platforms to integrate credit services seamlessly. Often described as the backbone of digital lending, FinBox’s tools allow businesses to embed credit directly into their apps and marketplaces. By reducing friction in loan approvals and offering faster credit decisions, the company is making financial services more accessible to individuals and small businesses that are often underserved by traditional banking systems.
Funding Boosts Innovation and Expansion
Out of the $40 million raised, nearly $35 million represents fresh primary capital, while the rest facilitated secondary exits for some early investors. FinBox intends to channel the majority of the funds into strengthening its technology stack. The company is working on advanced artificial intelligence tools and data-driven models that will give lenders more accurate insights into borrower profiles. This will not only reduce risks for financial institutions but also make credit more inclusive. Alongside product innovation, FinBox has set its sights on international expansion, with plans to take its infrastructure solutions to new markets where digital lending is gaining momentum.
Bridging India’s Credit Gap
The timing of this fundraise is particularly important. In India, millions of individuals and small enterprises continue to face challenges in accessing formal credit. Conventional lending relies heavily on limited data points and lengthy approval processes, which often exclude deserving borrowers. FinBox is solving this problem by leveraging alternative data and smart analytics, enabling lenders to make faster and safer decisions. By embedding credit within platforms where users already interact—such as e-commerce or financial apps—FinBox is creating a more inclusive and efficient lending ecosystem. This not only benefits borrowers by giving them timely access to funds but also helps banks and businesses capture new growth opportunities.
Beyond Just Transactions
With its Series B funding secured, FinBox is positioned to accelerate its mission of reshaping digital credit infrastructure. The company’s vision extends beyond enabling transactions; it aims to build the core systems that will define the future of embedded finance. As digital lending expands globally, FinBox’s role as a trusted partner for banks and businesses is set to grow stronger. The latest investment is a clear signal of investor belief in the company’s ability to lead the next wave of innovation in credit access.