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Banking infrastructure platform TransBnk has raised $25 million in its Series B Fundraise led by Bessemer Venture Partners with participation from Arkam Ventures, Fundamentum Partnership, 8i Ventures, Accion Venture Labs, and GMO Venture Partners.
The funds will primarily be used for geographical expansion and bolstering tech and product talent.
Co-founded in 2022 by Vaibhav Tambe, Lavin Kotian, Sachin Gupta, and Pulak Jain, TransBnk provides transaction banking infrastructure for banks and enterprises. Its API-led solutions help businesses with escrow…
