RootFi offers a unified API and API-based lending-as-a-service platform that lets customers build, customize, launch, and manage loan and credit products and aggregate credit and transaction data from pre-integrated licensed lenders and payments. The company serves use cases including credit underwriting, accounting automation, and business financial management across industries such as e-commerce, supply chain, healthcare, startups, education, and agriculture. RootFi reports working with 25+ fintechs, SaaS companies, and financial institutions to power those use cases. Founded in 2022, the team is based in Bangalore and plans to scale hiring there over the next year. The startup intends to expand coverage across regions and categories and specifically aims to enter the Middle East, South‑East Asia, and Africa. Financially, RootFi closed a $1.5M seed round in May 2023 to fund those expansion and product efforts.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

May 2023