# Snigdha Kumar

> Snigdha Kumar is the CEO and co-founder of Brico, a San Francisco regtech startup that automates the slow, state-by-state process of getting and keeping financial licenses for payments, lending, mortgage and crypto companies. A Harvard-trained public policy analyst with more than a decade in fintech across the U.S., India, Indonesia and Myanmar, she previously led product operations at the savings app Digit. In October 2025 Brico raised a $13.5M Series A led by Flourish Ventures, on the back of 600% year-over-year growth.

- **Role:** CEO and Co-founder at Brico
- **Organizations:** Brico, Digit, Oportun, Dalberg, New York State Department of Financial Services (Financial Innovation Advisory Board), Forbes Business Council
- **Nationality:** Indian-American
- **Education:** Master's in Public Policy, Harvard Kennedy School (Harvard University)
- **Known for:** Co-founded and leads Brico, which automates multi-state financial licensing across all 50 U.S. states, Raised a $13.5M Series A in October 2025 led by Flourish Ventures, with Restive Ventures and Pear VC, Grew Brico revenue 600% year over year

## Career timeline

- **2014** — Works on financial inclusion projects at Dalberg across Indonesia, Myanmar and India, witnessing Myanmar's rapid mobile leap
- **2018** — Joins the savings app Digit, holding roles including Business Development Lead and Business Lead for New Products
- **2021** — Becomes Head of Product Operations at Digit, launching and scaling a robo-advisor and neo-banking product
- **2022** — Named to the Forbes Business Council
- **2023** — Co-founds Brico with Edward Swiac to automate financial licensing
- **2024** — Joins the Financial Innovation Advisory Board at the New York State Department of Financial Services
- **2025** — Raises $13.5M Series A led by Flourish Ventures amid 600% year-over-year growth

## Achievements

- Co-founded and leads Brico, which automates multi-state financial licensing across all 50 U.S. states
- Raised a $13.5M Series A in October 2025 led by Flourish Ventures, with Restive Ventures and Pear VC
- Grew Brico revenue 600% year over year
- Signed customers including BitGo, Better, Marqeta and Bilt
- Serves on the NYDFS Financial Innovation Advisory Board
- Earned a Master's in Public Policy from Harvard Kennedy School
- Work featured in the Wall Street Journal, Harvard Business Review and Forbes

## Latest updates

- **2025-10** — Brico closed a $13.5M Series A led by Flourish Ventures, with plans to expand license coverage, launch predictive compliance tools and double the team within a year.
- **2024-10** — Joined the Financial Innovation Advisory Board at the New York State Department of Financial Services.

## Links

- Website: https://brico.ai
- LinkedIn: https://www.linkedin.com/in/snigdha-kumar-00620742/

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Profile page: https://yespress.io/snigdha-kumar
Published by YesPress — https://yespress.io
Last updated: 2026-07-27
