Account aggregator Finvu secures $15 million from WestBridge Capital, existing investors

Finfactor, the parent entity of account aggregator Finvu, has raised $15 million in a funding round led by global investment major WestBridge Capital, with participation from existing investors Varanium Capital, DMI Sparkle Fund, and IIFL Fintech Fund.

Co-founded by ex-HSBC senior executives Manoj Alandkar and Munish Bhatia, Pune-based Finvu was one of the first account aggregators to be licensed by the RBI. The company says it has served over 50 million consumers, processing their financial data.