KFin Technologies launches blockchain-backed KYC solution

Sreekanth Nadella, MD and CEO of KFintech
| Photo Credit:
Harsha Vadlamani

The shares of KFin Technologies Limited were trading at ₹1,149.10 down by ₹48.50 or 4.05 per cent on the NSE today at 12.02 pm.

KFin Technologies Limited announced the launch of KFIN KRA, a new-generation KYC Registration Agency operating through its subsidiary, KFin Services Private Limited. The blockchain-backed platform aims to streamline customer onboarding processes across India’s digital economy.

The solution addresses growing challenges in identity verification by providing a unified system that enhances security and speeds up verification for investors and financial institutions. KFIN KRA offers integrated services including registration, modification, and download capabilities while minimising redundant submissions.

Sreekanth Nadella, MD and CEO of KFintech, highlighted that the company has developed KYC solutions focused on enhancing ease of business for all stakeholders in the financial ecosystem. The platform features advanced authentication through Digi-locker and eAadhaar, seamless CKYC integration, and real-time notifications.

Krishna Kishore Chukkapalli, MD and CEO of KFin Services, emphasized that KFIN KRA addresses challenges of fragmentation and security through AI-powered verification, advancing industry efficiency and supporting India’s digital financial vision.

KFintech, listed on NSE and BSE, currently serves as the largest investor solutions provider to Indian mutual funds and the largest issuer solutions provider based on clients served as of March 31, 2025. The company is one of three operating central record keeping agencies for India’s National Pension System.

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Published on May 2, 2025