Perfios

Perfios also offers a range of financial data analysis software and SME lending solutions to help financial institutions make more informed lending decisions. Perfios uses artificial intelligence and machine learning to automatically extract, categorize and analyze thousands of data types in real-time, improving risk assessment and lending decisions.

Perfios offers a range of solutions, including:

• Consumer Lending: Automates the lending experience from data extraction to risk analytics and real-time decisioning.
• Wealth Management: Financial data aggregation APIs for large institutions and fintechs.
• SME Lending: Tailor-made lending experience for SMEs, including customized data extraction, risk analytics, and real-time decisioning.
• Account Aggregator: Leverages structured and unstructured data to provide deep analytics for lending institutions.
• Embedded Finance: Integrates financial services into non-bank products and business processes.
• Insurance: Medical claim processing solutions for insurance providers and TPAs.
• Credit Assessment Memo: Automates the credit underwriting process by combining data from multiple financial documents.

Perfios' key features include:

• Real-time Analysis: Fast and accurate analysis of large volumes of data.
• Document Authenticity Checks: Verifies the authenticity of financial documents.
• Customizable Analysis: Aligns with specific lender policies.
• Integrative APIs: Easy integration with existing systems.
• Fraud Detection: Identifies potential fraud and suspicious transactions.
• Obligation Identification: Categorizes financial obligations for better decision-making.

Perfios supports numerous financial data formats and has a global presence, with operations in multiple countries including the United States, India, and several locations across Europe and Asia.

Perfios has received significant investments from notable investors such as Teachers' Venture Growth, Warburg Pincus, and Bessemer Venture Partners. Its solutions aim to bridge the gap between data and insight, enhancing the overall lending experience while ensuring stringent privacy and compliance standards.

For more information, visit the Perfios website to explore how their solutions can benefit your financial institution.

Published on July 16, 2024