AI-powered fintech s'ware provider OnFinance raises $1.05 M led by Silverneedle, IAN

Bengaluru-based OnFinance.ai, a provider of generative AI SaaS solutions, has raised USD 1.05 million in a seed round led by Silverneedle Ventures and IAN. The funding round also saw participation from LetsVenture, SSV Fund, and Kunal Shah (founder of CRED) and other angels. OnFinance.ai will use the new funds to expand its engineering team and to scale its solution globally, especially in the US. Co-founded by Anuj Srivastava and Priyesh Srivastava, OnFinance.ai delivers AI co-pilots for research analysis, relationship management, sales, and customer success teams within banking institutions, asset management companies (AMCs), and wealth management firms.