Perfios

Perfios is a B2B SaaS (Software-as-a-Service) fintech company headquartered in Bangalore, India, founded in 2008. It provides AI-powered data platforms and decisioning tools primarily for:

Banks
NBFCs (Non-Banking Financial Companies)
Fintech companies
Insurance firms

Its core goal is to digitize, automate, and improve financial decision-making such as lending, onboarding, fraud detection, and risk assessment.

🌍 Scale & Presence
Operates in 18+ countries
Serves 1000+ financial institutions
Processes billions of transactions annually
Offers 75+ products/platforms & 500+ APIs
🧠 What Perfios Actually Does

Perfios builds “intelligence infrastructure” for financial institutions.

In simple terms, it helps companies:

Verify customers (KYC/KYB)
Analyze financial data (bank statements, documents)
Make lending decisions (credit scoring, underwriting)
Detect fraud
Automate onboarding and workflows

➡️ All powered by AI + data analytics + automation

🚀 Core Technology (AI Focus)

Perfios is heavily focused on AI-driven finance (Cognitive Finance).

Key innovations:
AI-powered real-time operating system for BFSI
Domain-trained LLMs (Large Language Models)
Vision AI (for document analysis)
Retrieval systems + policy-aware AI (RAG)

This allows:

Real-time decisions
Context-aware insights
Strong governance & compliance

👉 Result: Faster approvals, lower risk, better efficiency

🧩 Major Product Suites

Perfios products are grouped into different categories:

1. Analyse (Data Extraction & Insights)
Bank Statement Analyzer
Document Analyzer

➡️ Converts raw financial documents into structured insights

2. Verify (KYC & Identity)
Video KYC (VKYC)
OCR-based ID verification
Liveness detection
Digital signature

➡️ Used for customer onboarding & compliance

3. Lens (Data Intelligence)
Credit assessment tools
MSME insights
Lead generation

➡️ Helps lenders understand borrowers better

4. Protect (Fraud & Risk)
Fraud detection systems
Document tampering detection
Behavioral analytics

➡️ Reduces fraud in lending & insurance

5. DPI Stack (India Stack Integration)
FIU++ / FIP++
Consent-based data sharing

➡️ Works with India’s Account Aggregator ecosystem

6. Platforms
InteGreat → End-to-end onboarding & lending platform
Acclaim → Insurance claims automation
OneVigil → Risk monitoring
Journey Builder → Workflow automation

🤖 New AI Products (Latest)
🔹 AI Operating System (2025–2026)
Unified AI layer for BFSI
Automates onboarding → underwriting → collections
Delivers:
Faster decision-making
Better governance
Lower operating cost (~30% savings)
🔹 KScan AI (2026)
AI-powered MSME intelligence platform
Covers 30 million+ Indian businesses
Used for:
Risk assessment
Compliance
Business verification

🏦 Use Cases

Perfios solutions are widely used for:

Digital lending
Loan underwriting
Fraud detection
Risk assessment
Customer onboarding
Embedded finance
Insurance claim automation

🧑‍💼 Leadership (Recent Update)
Group CEO (2026): Nitin Chugh
Previous CEO: Sabyasachi Goswami

💡 Why Perfios is Important

Perfios plays a major role in India’s fintech ecosystem because it:

Powers backend systems of banks & NBFCs
Enables faster credit access
Supports AI adoption in finance
Integrates with regulatory frameworks (like RBI guidelines)

👉 It’s considered a “TechFin infrastructure company”, not a consumer app.

⚠️ Important Note
Perfios is NOT a consumer app anymore
It primarily serves businesses (B2B)
Earlier personal finance tools (PFM) were discontinued
🧾 Simple Summary
🏢 Type: B2B Fintech SaaS
📍 HQ: Bangalore, India
🧠 Focus: AI-driven financial decisioning
👥 Clients: Banks, NBFCs, Fintechs
⚙️ Key strength: Data + AI + automation for finance