Knight FinTech has secured $23.6 million in Series A funding, led by Accel, with participation from IIFL and Rocket Capital, and existing investors. This funding round elevates Knight FinTech to "soonicorn" status, indicating its rapid growth and potential to reach a $1 billion valuation. The capital will enhance its AI-native product roadmap, focusing on risk intelligence, fraud detection, and credit underwriting. The company also plans international expansion into the Middle East and Asia-Pacific, appointing Sanat Rao as an investor and board advisor.