August 28, 2025: TransBnk, engaged in digitization and re-engineering transaction Banking has secured $25 million in a Series B round to widen international footprints and consolidate its technology and product talent.
Founded in 2022 by Vaibhav Tambe, Lavin Kotian, Pulak Jain and Sachin Gupta, the banking infrastructure platform offers digital lending, supply chain solutions, marketplace solutions, capital market services, and custodial services. It also provides a “single-window” API platform that lets fintechs and corporations connect with multiple banks for onboarding, payments, and reconciliations.
TransBnk has integrated with over 40 banks and serves more than 220 clients, who together utilize nearly 1,500 Application Programming Interface (API)s every month. The firm reported achieving “double-digit million” annual dollar revenue within 24 months of inception. The company claims it is capital-efficient and profitable at this stage.
Series B Funding to Accelerate TransBnk’s Global Reach and Innovation
According to Vaibhav Tambe, CEO and co-founder of TransBnk “Series B is a massive growth catalyst, fueling our roadmap to scale, innovate, and set new benchmarks in global transaction banking,”. He adds “Our proprietary tech Infra is already powering leading NBFCs, Fintech players, Banks, Corporates and we are now expanding this across BFSI, Mid-Corporate & SMEs”.
Vishal Gupta, Partner at Bessemer Venture Partners, commented “Their deep industry expertise makes them best placed to disrupt corporate banking and transaction banking in India, making it more seamless and reducing fragmentation. We are confident that TransBnk will bring the same transformative spirit and user delight to the corporate and transaction banking ecosystem.”
The latest round of funding was led by Bessemer Venture Partners, with participation from Arkam Ventures, Fundamentum Partnership, and existing backers 8i Ventures, Accion Venture Labs, and GMO Venture Partners.
