TransBnk secures $25M Series B to expand API banking solutions in SE Asia & Middle East

TransBnk, a Mumbai-based API banking startup, raised $25M in Series B funding led by Bessemer Venture Partners with Arkam Ventures and Fundamentum. Founded in 2022 by Vaibhav Tambe, Lavin Kotian, Pulak Jain, and Sachin Gupta, it plans expansion into Southeast Asia and the Middle East. Its API platform links corporates, fintechs, and lenders to 40+ banks, serving 220+ clients, as India’s fintech sector targets $2.1T valuation by 2030.