Setu: Funding, Investors & Team (Sep 2026)
Setu’s mission is to accelerate economic growth by making formal finance accessible to all. We do this by providing developers access to banking systems.
Setu has raised $22.0M across 2 funding rounds on record, the most recent an undisclosed round of $7.0M announced in Jan 2026.
That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Setu Company Profile and Key Stats
Latest funding round on record: Jan 2026.
Setu Funding Rounds
Setu raised $15.0M in an undisclosed round announced in Apr 2020.
5.8 years later, an undisclosed round of $7.0M was announced in Jan 2026.
Setu Founders and Leadership Team
No contact details are on record for this team yet.
Setu Funding Compared to Other Financial Services Startups
Setu's latest round of $7.0M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Setu Funding FAQs
What does Setu do?
Setu’s mission is to accelerate economic growth by making formal finance accessible to all. We do this by providing developers access to banking systems.
How much funding has Setu raised?
Setu has raised $22.0M across 2 rounds on record. The most recent is an undisclosed round of $7.0M announced in Jan 2026.
When did Setu last raise funding?
Setu's most recent funding round on record is an undisclosed round of $7.0M, announced in Jan 2026.
Who is the CEO of Setu?
Sahil Kini is listed as CEO at Setu.
Where is Setu headquartered?
Setu is based in Bengaluru, Karnataka, India.
How many employees does Setu have?
Setu is in the 51-100 employee band.
How does Setu's funding compare to other Financial Services startups?
Setu's latest round of $7.0M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.
About FundedIQ's Setu Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Setu is left off this page rather than filled in.
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