FinBox Secures $40M Series B to Fuel AI, Global Expansion in Digital Credit Infrastructure
September 17, 2025, 9:37 pm
Location: India, Maharashtra, Mumbai
Employees: 10001+
Founded date: 1994
Total raised: $501.15M
Location: India, Maharashtra, Mumbai
Employees: 10001+
Founded date: 2007
Total raised: $96.18M
FinBox, a pioneering digital credit infrastructure company based in Bengaluru, secured $40 million in a high-profile Series B funding. WestBridge Capital led the round. Key existing investors A91 Partners and Aditya Birla Ventures also contributed. This substantial capital infusion will propel FinBox's technological advancements, focusing on cutting-edge AI-driven solutions and an expanded fraud intelligence suite. It also targets aggressive international market expansion. The company’s core offerings—digital lending platforms, embedded finance APIs, and robust data intelligence products—are vital for over 130 global clients. FinBox processes 50 million credit decisions monthly, enabling vast loan applications. This funding underscores FinBox's critical role in modernizing global credit systems and solidifying India's fintech leadership.
The Series B round amassed $40 million. WestBridge Capital spearheaded the investment. This marks a significant endorsement for FinBox. A91 Partners also participated. Aditya Birla Ventures contributed as an existing investor. The capital blended primary and secondary transactions. This fuels growth, offers early investor liquidity. IndigoEdge served as the financial advisor. The funding date was September 17, 2025.
FinBox plans aggressive capital deployment. Technology development is a prime focus. Advanced AI solutions are key. International expansion stands as another objective. New AI-enabled products are in development. The company will deepen its core lending platform offerings. Partnership lending stack will enhance. Data intelligence products will receive significant investment. Agentic AI workflows are on the roadmap. A comprehensive fraud intelligence suite is also planned.
FinBox specializes in digital credit infrastructure. It provides essential platforms and APIs. These power credit decisioning. They also enable fraud detection. Embedded finance solutions are a core offering. The company serves over 130 clients worldwide. Major lenders utilize its services. HDFC Bank, Kotak Mahindra Bank, Poonawalla Fincorp, Aditya Birla Capital, Tata Capital, and Muthoot Fincorp are all clients.
The platform supports diverse digital credit products. Buy-Now-Pay-Later (BNPL) schemes are facilitated. Personal loans flow through FinBox systems. Working capital loans are streamlined. Invoice financing solutions are also available. FinBox enables platforms. Fintech and non-fintech domains benefit. They launch robust digital credit products seamlessly. This broadens access to financial services. It enhances efficiency for businesses.
FinBox demonstrates substantial market impact. It processes 50 million credit decisions monthly. This occurs via an AI-powered business rule engine. The firm has facilitated over $9 billion in loan applications. Disbursed loans exceed Rs 10,000 crore. These figures highlight vast operational scale. Its tools are highly effective. Lenders report cutting fraud by over half. Approval rates for new-to-credit borrowers have increased significantly. These metrics underscore FinBox’s tangible value.
FinBox was founded in 2017. Rajat Deshpande, Anant Deshpande, Nikhil Bhawsinka, and Srijan Nagar are the founders. The company previously raised $15 million. This Series A round occurred in June 2022. A91 Partners led that round. Aditya Birla Ventures, Flipkart, and Arali Ventures also participated. This history shows consistent growth and investor confidence.
FinBox, operated by Moshpit Technologies Pvt Ltd, shows evolving financials. It reported a net profit of Rs 43 lakh in FY21. Subsequent years saw net losses. FY22 recorded a Rs 1 crore net loss. FY23 reached Rs 23 crore in losses. FY24 posted Rs 34 crore in losses. However, net sales surged. FY24 sales hit Rs 48 crore. This is a nine-fold increase from FY21. The company targets breaking even by the June quarter. It aims for 100% year-on-year revenue growth. This signals aggressive scaling.
FinBox operates within India's dynamic fintech market. This ecosystem is rapidly expanding. Digital transformation drives significant change. India represents a vast opportunity. Its large unbanked and underbanked populations benefit. Digital credit infrastructure is crucial here. FinBox addresses critical gaps. Its modular architecture offers flexibility. Data intelligence provides deep insights. Embedded applications foster scalable digital lending. India's digital credit infrastructure is evolving fast. FinBox forms an integral layer.
The company eyes global expansion. Its solutions are not limited to India. Its technology holds universal applicability. FinBox focuses on AI-first workflows. This improves efficiency for lenders. Its mission is clear: empower lenders. Source better. Underwrite faster. Fight fraud more effectively. Extend fairer, more accessible credit. Millions worldwide are targeted. Building global-scale, sustainable fintech infrastructure is paramount. World-class financial infrastructure is the goal. FinBox exemplifies Indian innovation with global potential.
The Series B round amassed $40 million. WestBridge Capital spearheaded the investment. This marks a significant endorsement for FinBox. A91 Partners also participated. Aditya Birla Ventures contributed as an existing investor. The capital blended primary and secondary transactions. This fuels growth, offers early investor liquidity. IndigoEdge served as the financial advisor. The funding date was September 17, 2025.
FinBox plans aggressive capital deployment. Technology development is a prime focus. Advanced AI solutions are key. International expansion stands as another objective. New AI-enabled products are in development. The company will deepen its core lending platform offerings. Partnership lending stack will enhance. Data intelligence products will receive significant investment. Agentic AI workflows are on the roadmap. A comprehensive fraud intelligence suite is also planned.
FinBox specializes in digital credit infrastructure. It provides essential platforms and APIs. These power credit decisioning. They also enable fraud detection. Embedded finance solutions are a core offering. The company serves over 130 clients worldwide. Major lenders utilize its services. HDFC Bank, Kotak Mahindra Bank, Poonawalla Fincorp, Aditya Birla Capital, Tata Capital, and Muthoot Fincorp are all clients.
The platform supports diverse digital credit products. Buy-Now-Pay-Later (BNPL) schemes are facilitated. Personal loans flow through FinBox systems. Working capital loans are streamlined. Invoice financing solutions are also available. FinBox enables platforms. Fintech and non-fintech domains benefit. They launch robust digital credit products seamlessly. This broadens access to financial services. It enhances efficiency for businesses.
FinBox demonstrates substantial market impact. It processes 50 million credit decisions monthly. This occurs via an AI-powered business rule engine. The firm has facilitated over $9 billion in loan applications. Disbursed loans exceed Rs 10,000 crore. These figures highlight vast operational scale. Its tools are highly effective. Lenders report cutting fraud by over half. Approval rates for new-to-credit borrowers have increased significantly. These metrics underscore FinBox’s tangible value.
FinBox was founded in 2017. Rajat Deshpande, Anant Deshpande, Nikhil Bhawsinka, and Srijan Nagar are the founders. The company previously raised $15 million. This Series A round occurred in June 2022. A91 Partners led that round. Aditya Birla Ventures, Flipkart, and Arali Ventures also participated. This history shows consistent growth and investor confidence.
FinBox, operated by Moshpit Technologies Pvt Ltd, shows evolving financials. It reported a net profit of Rs 43 lakh in FY21. Subsequent years saw net losses. FY22 recorded a Rs 1 crore net loss. FY23 reached Rs 23 crore in losses. FY24 posted Rs 34 crore in losses. However, net sales surged. FY24 sales hit Rs 48 crore. This is a nine-fold increase from FY21. The company targets breaking even by the June quarter. It aims for 100% year-on-year revenue growth. This signals aggressive scaling.
FinBox operates within India's dynamic fintech market. This ecosystem is rapidly expanding. Digital transformation drives significant change. India represents a vast opportunity. Its large unbanked and underbanked populations benefit. Digital credit infrastructure is crucial here. FinBox addresses critical gaps. Its modular architecture offers flexibility. Data intelligence provides deep insights. Embedded applications foster scalable digital lending. India's digital credit infrastructure is evolving fast. FinBox forms an integral layer.
The company eyes global expansion. Its solutions are not limited to India. Its technology holds universal applicability. FinBox focuses on AI-first workflows. This improves efficiency for lenders. Its mission is clear: empower lenders. Source better. Underwrite faster. Fight fraud more effectively. Extend fairer, more accessible credit. Millions worldwide are targeted. Building global-scale, sustainable fintech infrastructure is paramount. World-class financial infrastructure is the goal. FinBox exemplifies Indian innovation with global potential.