The new capital will be deployed to strengthen product offerings, scale AI-driven solutions and enhance analytics capabilities as the company accelerates its strategy to become a full-stack technology provider for BFSI institutions.
Founded by Manoj Alandkar and Munish Bhatia, Finvu AA is one of India’s first licensed Account Aggregators and has served over 50 million consumers, enabling secure, consent-based sharing of financial data. The platform has partnered with leading banks, insurers and asset managers including HDFC Bank, Axis Bank, Motilal Oswal, Canara Bank and CRED.
Finfactor’s suite includes a multi-AA gateway, bank statement analysis tool, loan monitoring tools and wealth management solutions, serving more than 150 BFSI clients. The company employs more than 120 professionals.
Deepak Ramineedi, Partner at WestBridge Capital, said: “India Stack has transformed financial services and the Account Aggregator framework enables transparency and innovation at scale. Finfactor is well positioned to lead this shift.”
Co-founders Alandkar and Bhatia emphasized that the funding will help expand teams, accelerate product development and increase impact on lending and asset management. Vamsi Madhav, CEO of Finvu AA, added: “We want to become India’s most secure and reliable account aggregator.”
Published on December 2, 2025
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