Finvu AA, a consent-based account aggregator, has raised $2.5 million in funding from Varanium Nexgen Fund, IIFL, DMI Sparkle Fund, and others.

Founded by ex-HSBC executives Munish Bhatia, Manoj Alandkar and Praveen Prabhu, finwu aa Simplifies access to customers’ financial information for banking and financial services. So far, it has processed more than 750,000 consent requests and executed over two million API calls.

Bhatia and Alandkar, founders of Finvu AA, said in a joint statement, “The future of financial services will change dramatically with the AA ecosystem as new use cases are developed. Excited to receive support from our investors.” who believe in it.”

The company is the first Indian non-banking financial company (NBFC) to obtain an operating license from the account aggregator Reserve. It plans to add 15 more partners and use the new capital to expand its team for engineering, business development and product offering growth.

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