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Clayfin

Can Clayfin become the go-to omnichannel digital banking platform for banks and NBFCs across emerging markets, particularly South and Southeast Asia?

Founded2009
HQChennai, India
FoundersRamaswamy Iyer, Srikrishnan Keech
Total raised$4.4M
IndustryVertical SaaS / Banking Technology
The story

Founded in 2009 as a digital banking platform provider focused on retail and corporate banking omnichannel solutions for financial institutions. Over time expanded into NBFC digital experience solutions, prepaid banking, and open banking via its Finvu partnership, positioning itself as a full-stack digital experience layer for banks and non-bank financial companies primarily in South and Southeast Asia. The company's embedded finance angle is enabling banks and NBFCs to deliver digital-first products rather than building embedded finance into third-party platforms.

Last 12 months
2023
Product timeline
2009
Founded in Chennai, India as a provider of digital banking platforms and omnichannel customer experience solutions.· banking
2020
Launched Open Banking platform in partnership with Finvu, enabling consent-based data sharing and multi-bank PFM for financial institutions.· banking
2023
Clayfin and BRAC Bank won the Most Impactful Digital Platform Award from IBS Intelligence.· banking
The stack
Lending
NBFC digital acquisition and upselling platformCorporate banking credit and payments digital suite
Open banking
Finvu
Accounting gap: none