New Street Technologies

New Street Technologies is a fintech platform connecting banks, NBFCs and other financial institutions to originate and manage credit across complex partner networks.

Founded in 2017, the company developed MiFiX as a technology layer that allows multiple participants in a financial-services ecosystem to work through a common platform rather than building separate integrations for each institution, product or partner. Its applications span lending, agricultural finance, co-lending and remittance-linked finance, supporting processes from customer origination and KYC to underwriting, disbursement, collections and reconciliation.

The platform has been deployed across banks, NBFCs and distribution networks, including use cases such as Federal Bank’s five-minute Kisan Credit Card loan pilot. New Street’s underlying proposition is to make fragmented financial ecosystems interoperable, allowing regulated institutions to launch and manage complex products across distributed partner networks with greater speed and control.

Region

India

Sector

Fintech
New Street Technologies showcase image

Company Leadership

  • Founder photo

    Sajeev Viswanathan

    Sajeev Viswanathan is a financial services executive with more than two decades of experience across banking, microfinance and payments. He spent over 18 years with Citigroup, holding senior roles in transaction banking, cash management, trade finance and receivables across India, Russia and London. He later led Bhartiya Samruddhi Finance, part of the BASIX Group. As President and Executive Director at Earthport, he worked at the intersection of banking and cross-border payments. These roles have given Sajeev experience across both institutional financial systems and distributed financial networks. He brings that breadth of experience to New Street Technologies, which he co-founded in 2017.
  • Founder photo

    Mohit Davar

    Mohit Davar is a payments entrepreneur and industry executive with more than two decades of experience building cross-border money transfer businesses. He began his career in international payments and helped establish the MoneyGram and Thomas Cook joint venture in 1997, later leading MoneyGram International in the UK. He subsequently founded Travelex Money Transfer and built Coinstar Money Transfer into an international remittance business. Beyond operating roles, Mohit has served on the boards of payment companies and advised fintech businesses across multiple markets, giving him broad exposure to the regulatory, institutional and commercial dynamics of global payments. His experience across money transfer networks, financial institutions and international markets informs his work at New Street Technologies, which he co-founded in 2017.
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