Fintech startup Finsire raises $1.3 million

CHENNAI: Lending infrastructure and asset collateralization fintech startup Finsire has raised $1.3 million in seed funding from various investors.

The round saw participation from iSeed, Spark Capital, Devx, 1947 Rise, Lets Ventures, Razorpay co-founders Shashank Kumar and Harshil Mathur, M2P co-founders Madhu R, Prabhu R and Muthu A, Groww CEO Lalit Keshre, IppoPay co-founder Mohan K, Tracxn founder Abhishek Goyal and many others.

Finsire builds lending enablement services by permitting digital assets to be taken as collateral. The solution allows Banks, NBFCs, fintechs, credit requirement distribution and depositaries to maximise their lending capabilities.

“Indian households hold more than $14 trillion dollars in assets, and global households' assets are more than $400 trillion. Today these assets are extremely hard to pledge. The idea is to allow the asset holder to do what they wish to do with these assets," Shreyans Nahar, CEO and co-founder of Finsire, said.


Stay informed with the latest Business News on Times of India. Explore updates on International Business, gain insights with Financial Literacy tips, and make use of Financial Calculators. Don’t forget to check the list of Bank Holidays in 2025, including Bank Holidays in January.


Ready to Master Stock Valuation? ET’s Workshop is just around the corner!