Transbnk Secures $25 Million To Power Cross-Border Expansion

TransBnk has raised $25 million in its Series B funding round, led by Bessemer Venture Partners with support from Arkam Ventures, Fundamentum Partnership as well as existing backers 8i Ventures, Accion Venture Lab, and GMO Venture Partners. The Mumbai‐based transaction banking platform will channel the funds into geographic expansion across Southeast Asia and the Middle East, while strengthening its technology and product development teams.

Vaibhav Tambe, co‐founder and chief executive, highlighted a sevenfold increase in the company's valuation following this round, bringing total funding raised to approximately $26 million.

Launched in 2022 by Tambe, Lavin Kotian, Pulak Jain, and Sachin Gupta, TransBnk offers a unified, API‐driven transaction banking platform. It simplifies processes for corporates, fintech firms and non‐bank finance firms by consolidating multiple bank relationships into a single interface. The firm claims integration with over 40 banks and a client base exceeding 220, accessing nearly 1,500 APIs each month.

Tambe described the platform as a“common operating system” for businesses, facilitating use cases such as treasury, liquidity management and escrow services-all built on a modular infrastructure layer rather than legacy core stacks.

The company processes around 110 million transactions every month across 11,000 bank accounts and utilises over 1,500 APIs, underlining robust adoption and operational scale. TransBnk also reports healthy revenue growth-annual recurring revenue has surged more than twelvefold to approximately $12 million, with gross margins around 80 per cent and the company having achieved post‐tax profitability in February.

The Series B proceeds come amid a notable shift in corporate banking infrastructure: financial institutions are transitioning from capital‐intensive, monolithic systems to modular, operational expenditure‐driven frameworks. TransBnk positions itself at the forefront of this shift, delivering agility through its API‐first architecture and embedded finance capabilities-particularly appealing in sectors such as real estate, pharmaceuticals and renewable energy.

Beyond geographic expansion, a key focus of this round is investment in human capital, particularly in technology and product development. That will bolster the company's ability to scale its platform and deliver more sophisticated, sector‐specific solutions to enterprise clients globally.

Having raised $4 million in its Series A in August 2024 and following its seed round in mid‐2023, TransBnk demonstrates a steady funding trajectory backed by both early‐stage and new investors alike.

The fresh funding underlines confidence from the venture ecosystem-particularly Bessemer, whose India‐focused fund, launched earlier in 2025 with a corpus of roughly $350 million, backed this round.

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