Perfios
Founded Year
2008Stage
Series D - II | AliveTotal Raised
$443.18MValuation
$0000Last Raised
$80M | 8 mos agoRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-16 points in the past 30 days
About Perfios
Perfios specializes in financial data analysis software and lending solutions within the fintech sector. The company offers a suite of products that facilitate real-time data extraction, risk analytics, and decisioning automation for financial institutions to make informed lending decisions. Perfios' solutions cater to various financial services including consumer lending, small and medium enterprises lending, wealth management, and insurance, by providing tools for bank statement analysis, fraud checks, and credit underwriting automation. It was founded in 2008 and is based in Mumbai, India.
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Perfios's Product Videos
ESPs containing Perfios
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The loan underwriting market involves the process of evaluating and analyzing a borrower's creditworthiness to determine their eligibility for a loan. Technology vendors in this business-to-business market offer solutions that automate manual processes, reduce fraud rates, and provide data-driven insights for risk mitigation and decision-making. These solutions leverage technologies AI and Machine…
Perfios named as Highflier among 14 other companies, including Blend, Scienaptic, and Tavant.
Perfios's Products & Differentiators
Bank Statement Analyzer (Insights)
Analyze Bank Statements procured in any manner to derive detailed analysis on customer’s assets, liabilities, income & expenditure and check for both transactional and behavioral fraudulences at a 100% accuracy. Covers over 800 financial institutions and over 2000 different formats.
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Research containing Perfios
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Perfios in 5 CB Insights research briefs, most recently on Aug 23, 2024.
Oct 18, 2023 report
State of Fintech Q3’23 Report
Expert Collections containing Perfios
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Perfios is included in 7 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,249 items
Regtech
1,453 items
Technology that addresses regulatory challenges and facilitates the delivery of compliance requirements. Regulatory technology helps companies and regulators address challenges ranging from compliance (e.g. AML/KYC) automation and improved risk management.
Wealth Tech
2,294 items
Companies and startups in this collection digitize & streamline the delivery of wealth management. Included: Startups that offer technology-enabled tools for active and passive wealth management for retail investors and advisors.
Fintech 100
498 items
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Digital Lending
2,468 items
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
Fintech
13,413 items
Excludes US-based companies
Latest Perfios News
Oct 14, 2024
SHARE SUMMARY It is pertinent to note that over the past year, the company has made three other key appointments, including Sridhar Narayan as chief business officer, Sumit Nigam as chief technology officer and Anu Mathew as chief people officer The company claims to deliver 8.2 Bn data points to banks and financial institutions every year to facilitate faster decisioning Perfios is a credit decisioning and analytics startup which operates in B2B and B2C segments. Currently operating in 18 countries, the company claims to be working with over 1,000 financial institutions FOLLOW US Fintech SaaS startup Perfios, which turned unicorn earlier this year after bagging $80 Mn (INR 663 Cr) from Teachers’ Venture Growth, is reportedly in discussions to venture into the US market as part of its expansion plan to drive growth. It is pertinent to note that over the past year, the company has made three other key appointments, including Sridhar Narayan as chief business officer, Sumit Nigam as chief technology officer and Anu Mathew as chief people officer. Also, two years back, it appointed Sabyasachi Goswami as its first professional CEO. Meanwhile, in August, the startup also onboarded Rajesh Kini as its chief financial officer. As per The Arc, Goswami has been talking up the expansion into the crucial US market since 2003. RECOMMENDED FOR yOU for comments on the development. The story will be updated based on the response. Founded in 2008, by VR Govindarajan and Debasish Chakraborty, Perfios is a credit decisioning and analytics startup which operates in B2B and B2C segments. Currently operating in 18 countries, the company claims to be working with over 1,000 financial institutions. The company claims to deliver 8.2 Bn data points to banks and financial institutions every year to facilitate faster decisioning. In September last year, the fintech startup signed an agreement with Kedaara Capital for an investment of $229 Mn in its Series D funding round through a combination of a primary and a secondary sale, making it the biggest raise at that time. Two months later, the startup turned profitable in the financial year 2022-23 (FY23), posting a consolidated net profit of INR 7.8 Cr on the back of a significant jump in its service income due to strong performance of its India business.
Perfios Frequently Asked Questions (FAQ)
When was Perfios founded?
Perfios was founded in 2008.
Where is Perfios's headquarters?
Perfios's headquarters is located at 111, Chandivali Road, Mumbai.
What is Perfios's latest funding round?
Perfios's latest funding round is Series D - II.
How much did Perfios raise?
Perfios raised a total of $443.18M.
Who are the investors of Perfios?
Investors of Perfios include Teachers' Venture Growth, Kedaara Capital, Stride Ventures, Visa Accelerator Program, Bessemer Venture Partners and 7 more.
Who are Perfios's competitors?
Competitors of Perfios include Scienaptic, Fego, Bureau, Ocrolus, FinBox and 7 more.
What products does Perfios offer?
Perfios's products include Bank Statement Analyzer (Insights) and 4 more.
Who are Perfios's customers?
Customers of Perfios include HDFC Bank Ltd, ICICI Bank Ltd, Zest Money, PNB Housing and Canara Bank.
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Compare Perfios to Competitors
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