Our Story

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"it is a capital mistake
to theorize before one has data."

” Sherlock Holmes, “A Study in Scarlett”

In today’s age of data inundation, it is also a capital mistake to delay
the automation of data-driven processes.

We help our customers bridge the gap between data and insights

Founded in 2008, Perfios is a global SaaS company serving the Banking, Financial Services and Insurance industry in 18 countries. Since the beginning we have harnessed the power of carefully selected futuristic technologies, proven methodologies and our real-world expertise to design and build pioneering software platforms and products.

Our business

With our bold culture of creation, we have been leading in the development of category-forming products, thereby helping our clients serve their customers faster, better, and with greater certainty. Thus, we help our clients make the leap by future-proofing and shaping their lending, decisioning and underwriting processes at scale and speed. Headquartered in Bangalore, with offices worldwide, serving over 1000 clients with our suite of 75+ products and platforms, our clients have a confident and a robust start-to-end tech platform.

We Are PERFIOS

3 Billion

transactions categorized
per month

4000

data
formats

1200+

institutions
supported

850+

Data Sources

Presence in

18 countries

THE VIRTUOUS FLYWHEEL OF DATA ANALYTICS

more insights
and predictive
modeling

Greater
adoption
and usage

Domain
Expertise

Depth and
diversity
of data

real time
analytics

relevant
and timely
insights

Domain
Expertise

10 years of business experience
Expert leadership & advisory team
Servicing diverse domains: FinTechs, NBFCs, banks, wealth managers
Operations in 18 countries

Depth and
diversity of data

Bank statements, financial statements, salary slips
(In-)direct taxes ITR, Form 16, GST
Multiple ways to ingest data – aggregation, online fetch, upload, scan

real time
analytics

Average turnaround time to process reduces from hours to seconds

relevant
and timely
insights

Customized to each product, use-case, or user department
Integrated into lender’s BRE to enable E2E automation

Greater
adoption
and usage

Across sourcing channels – online, in-store, and assisted
Across processing capabilities – straight-through, back-office, and more

more insights
and predictive
modeling

Triangulation across data sources
Analytics to assess solvency and repayment capabilities
Debit scorecard to refine risk modeling, pricing and next-best-offer

“There is no compression
algorithm for experience”

Andy Jassy – CEO, AWS

Our technology platform

We started our journey by being the first to offer a cloud-hosted fully automated Personal Finance Management solution for Indian citizens. Subsequently, we built the Perfios data platform, the breadth and depth of which is still unrivalled in the industry. The Perfios data platform uses a combination of home-grown machine learning techniques to offer in-depth data analysis as per customer requirements and generate reports customized for each customer. We scaled from a few thousand transactions a month to millions per day, without any degradation of performance. Our engineers, their thinking styles, and their problem-solving approaches offer a professional experience not easily available in most companies..

Privacy and
security by
design

Privacy and security are at the heart of our design. Borrowers are customers of lenders who use the Perfios data platform. As a design principle, we DO NOT store Personally Identifiable Information (PII) or account information. We are independently audited by PwC, Deloitte, TUV-SUD – global leaders in security assessment and certification by CERTIN empanelled vendors. We are ISO 27001-2013 certified organization. Trust Guard runs 46,000 tests daily in our environment. In addition, our clients run their own audit on our systems as part of their due diligence. In 2019, we successfully underwent 75 separate audit processes with no critical issues identified.