Priyesh Srivastava (OnFinance AI): 10 Key Things You Must Know

Overview

Priyesh Srivastava is a prominent Indian entrepreneur and technologist best known as the co-founder and Chief Technology Officer (CTO) of OnFinance AI, a fintech startup specializing in generative artificial intelligence (AI) solutions for the banking, financial services, and insurance (BFSI) sector. Founded in 2023, OnFinance AI leverages advanced Large Language Models (LLMs), particularly their proprietary NeoGPT, to offer innovative AI-powered compliance, risk management, and operational automation tools for financial institutions. With a strong educational background from BITS Pilani, Priyesh has played a pivotal role in designing and fine-tuning AI technologies that address the complex regulatory and operational challenges of the financial industry, fueling the company's rapid growth and international expansion.

This article highlights ten key aspects of Priyesh Srivastava's career and contributions, including his role at OnFinance AI, the innovative products his company has developed, the recent funding achievements, and the impact their work has on the global financial ecosystem.

1. Early Career and Educational Background

Priyesh Srivastava is an alumnus of BITS Pilani, one of India’s premier engineering institutes. Before embarking on his entrepreneurial journey, he gathered experience in technology and software development. His technical expertise and vision for harnessing artificial intelligence led him to co-found OnFinance AI in 2023 alongside Anuj Srivastava, a college friend. Together, they combined their skills to create AI-powered financial tools, strategically positioning themselves at the intersection of finance and next-generation technology.

2. Co-founder and CTO of OnFinance AI

As the Chief Technology Officer (CTO) of OnFinance AI, Priyesh Srivastava leads the company's technological innovation and product development. He is instrumental in shaping the company’s proprietary AI Large Language Model, NeoGPT, which is designed specifically for the BFSI domain. His leadership ensures that OnFinance AI's products meet rigorous financial industry requirements, providing intelligent automation that simplifies compliance, risk management, and research processes for banks and wealth management firms.

3. NeoGPT: An AI Large Language Model Tailored for Finance

NeoGPT, developed under Priyesh's technical guidance, is a groundbreaking financial Large Language Model (LLM) fine-tuned on over 300 million tokens of regulatory data from leading Indian financial authorities such as SEBI, RBI, IRDAI, and AMFI. This model integrates diverse, highly regulated data sources to deliver rapid, precise financial insights. NeoGPT replaces multiple legacy AI models by providing a streamlined, industry-specific platform that enhances efficiency and decision-making processes within financial institutions.

4. OnFinance AI’s Flagship Product: ComplianceOS

One of OnFinance AI’s key innovations, powered by NeoGPT, is ComplianceOS — an AI-driven operating system that automates regulatory compliance workflows. ComplianceOS assists compliance officers by capturing meeting transcripts, analyzing disclosures, tracking document circulation, and converting regulatory updates into actionable tasks. This system significantly reduces manual effort, shortens turnaround time for compliance activities, and strengthens regulatory confidence, showcasing the practical impact of Priyesh's technological contributions.

5. Significant Funding and Investment Milestones

Under the stewardship of its founders, including Priyesh Srivastava, OnFinance AI has successfully raised substantial funding rounds to fuel its growth. In November 2023, the company secured $1.05 million in seed funding led by Silverneedle Ventures and the Indian Angel Network (IAN), enabling expansion of the engineering team. More recently, in September 2025, OnFinance AI completed a $4.2 million pre-Series A round led by Peak XV’s Surge, further accelerating R&D and global market penetration, especially targeting the U.S. and MENA regions.

6. Global Expansion and Market Reach

Priyesh Srivastava has played a key role in scaling OnFinance AI beyond India, positioning its AI-driven fintech solutions in the United States, United Kingdom, and Middle East markets. With increasing demand from international banks, asset managers, and wealth management firms, the startup is extending its product suite and team to address global financial ecosystem challenges, thus amplifying the reach and usage of NeoGPT-powered AI co-pilots worldwide.

7. Innovative Use of Generative AI in BFSI Sector

OnFinance AI, under Priyesh's technological leadership, is pioneering the use of generative AI to tackle problems unique to the BFSI sector. Their Vertical-specific GenAI systems enhance productivity by automating complex workflows such as KYC compliance, cyber security standard adherence, market abuse detection, and audit-ready reporting. These AI solutions help financial organizations reduce turnaround times, ensure higher accuracy, and enable data-driven smarter decision-making.

8. Partnership with Leading Investors and Tech Entities

OnFinance AI has attracted investment from notable venture capital funds and industry leaders including Silverneedle Ventures, Indian Angel Network, Peak XV, Groww Founders Fund, Razorpay’s MarsShot VC, and several marquee angel investors like Kunal Shah of CRED. Priyesh’s ability to convey the technical vision of OnFinance and lead product innovation has been fundamental in garnering this broad-based support, helping the startup gain momentum within the fintech investment community.

9. Commitment to Financial Inclusion and Literacy

Priyesh and his co-founders emphasize not only regulatory compliance and operational automation but also financial inclusion and literacy. OnFinance AI has developed multiple AI products and initiatives, including chatbots like Neo, which simplify financial learning and investing for a broad user base, reaching over 60,000 users across more than 120 countries. This aligns with their mission to make wealth management accessible and intuitive, particularly in emerging markets.

10. Vision for the Future of AI in Finance

Priyesh Srivastava foresees a transformative future where AI is deeply embedded in the financial industry's core processes. He highlights that Large Language Models with high accuracy and zero-shot learning capabilities are redefining cost structures and flexibility in deploying AI solutions. The vision extends to scaling OnFinance AI’s NeoGPT to power millions of monthly customer interactions globally, while continuously improving the model through reinforcement learning and rich domain data. His leadership fosters continuous innovation to tackle evolving regulatory and operational challenges.

Conclusion

Priyesh Srivastava stands as a visionary technologist and entrepreneur driving the adoption of generative AI in the financial services industry. As co-founder and CTO of OnFinance AI, his contributions have led to the development of NeoGPT and sophisticated AI platforms like ComplianceOS that are redefining regulatory compliance and operational efficiency in the BFSI sector. Supported by strong funding and a commitment to global expansion, Priyesh continues to push the boundaries of how AI can empower financial institutions while promoting financial literacy and inclusion. His work not only advances fintech innovation but also sets new standards for how AI and human expertise can combine to shape the future of finance. How will AI-driven solutions like those led by Priyesh Srivastava transform the global financial landscape in the years to come?