KFintech Launches Blockchain-Backed KYC Platform

05 May 2025 CW Team

KFin Technologies Limited has launched KFIN KRA, a next-generation Know Your Customer (KYC) Registration Agency, through its wholly owned subsidiary KFin Services Pvt Ltd. This move aims to modernize and simplify the increasingly complex onboarding process for customers and financial institutions amid India’s fast-growing digital economy.

Designed as a tech-driven solution, KFIN KRA employs blockchain infrastructure and AI-based verification to speed up authentication, enhance security, and offer a unified digital experience. It integrates seamlessly with DigiLocker, eAadhaar, and the Central KYC Records Registry (CKYCR), allowing both digital and physical modes of application with real-time alerts for users.

“KFIN KRA embodies our mission to turn regulatory compliance into a strategic advantage,” said Sreekanth Nadella, MD & CEO, KFintech. “Our focus is on reducing friction and improving execution speed for investors and intermediaries alike.”

Key features include secure API integration for financial institutions, automated document management, and real-time updates through SMS and email. The platform aims to eliminate redundant submissions and support unified KYC processes across entities.

“In a digital-first world, robust KYC infrastructure is essential,” added Krishna Kishore Chukkapalli, MD & CEO, KFin Services. “Our interoperable, AI-powered platform ensures faster verification while reducing compliance burdens.”

With this launch, KFin Technologies reinforces its leadership in the financial services tech sector, where it already services major mutual funds and asset managers across India and markets such as Malaysia, Singapore, Hong Kong, and Canada.

KFintech is backed by General Atlantic Singapore Fund Pte Ltd, and remains listed on NSE (KFINTECH) and BSE (543720).

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