Perfios Software Solutions won the prestigious title of ‘Software Company Of The Year' at the Outlook Business Spotlight’s Business Icons Awards 2022, held on 25th November 2022 in Hyderabad, recognizing and celebrating excellence in business innovation, creativity, and leadership.
About Perfios
Perfios Software Solutions is India’s largest SaaS-based B2B Fintech software company empowering 900+ Financial Institutions to take informed decisions in real time.
Headquartered in Bangalore, this 14-year-old Fintech enterprise deals with thousands of data types to help its customers mitigate risks by taking data driven decisions in real-time.
Perfios has skillfully aligned its decade worth of experience and expertise to successfully develop multiple product lines, including real-time credit decisioning, analytics, automated onboarding, due diligence, and monitoring.
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Structured and unstructured data can be combined and analyzed using Perfios' core data platform, which also offers vertical solutions for the BFSI industry that meet the industry's exacting standards for Scale Performance, Security, and other SLAs. Servicing over 900+ clients by 2022, Perfios has made a dominant mark in the BFSI market, partnering with the most prestigious Banks & Financial Institutions in India alongside its presence in 18 geographies including Southeast Asia, Middle East & Africa.
The driving forces of the company
A great leader is the motivating factor of any organization that keeps the workforce going. Perfios also has such gems.
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Mr. V.R. Govindarajan (Govi)
Co-Founder & Executive Chairman
Govi is one of the co-founders of Perfios. He has more than 32 years of experience in the IT industry, in both US and India. Govi is responsible for setting and executing the vision of the company.
Mr. Sabyasachi Goswami (Sabya)
Chief Executive Officer
Sabya has a proven industry track record of more than 21 years. Sabya is responsible for making Perfios the most trusted name in the BFSI space globally.
Clientele
With a 95% market share, Perfios is the most preferred technology enabler for almost all Indian Banks, NBFCs, and Fintech companies.
More than 900 Financial Institutions from Southeast Asia, Europe, Middle East, and Africa are among Perfios' clients worldwide.
Perfios has established itself as the go-to digital solution for several established Financial Institutions like HDFC Bank, HSBC Bank, Standard Chartered, and new breed of Fintechs, owing to its ongoing innovations and 75+ products portfolio.
Intent and Procurement
Perfios aims to enable and promote an ecosystem where all financial choices are supported by data and made in real time. To accomplish this, Perfios has developed inhouse state-of-the-art AI/ML based data engines for continuous innovation, expanded domain expertise in handling complex data and designed highly customizable solutions with short deployment cycles, featuring quick product implementations.
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Notable Milestones Achieved by Perfios in 2022:
● Acquired Karza Technologies for $80 million.
● Received Funding of $70 million from Bessemer Venture Partners and Warburg Pincus.
Taking the total funding received to $126.1 million.
● 90% of Digital Loans in India go through Perfios
Worth sharing about Perfios
Perfios being a product technology company has developed multiple products that provide many benefits to Financial Institutions and enable them in real-time decisioning, analysis, and credit underwriting.
Some of these products include:
i. Fraud Check and Verification solution:
Leverages advanced machine learning techniques to identify suspicious behavior or transactions from any form of financial documents.
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ii. Perfios AI:
Uses AI-based credit analytics to create a multi-dimensional profile of customers using traditional and non-traditional sources of data.
iii. FIP FIU Solution:
Helps in receiving user-consented data at the click of a few buttons.
iv. InteGREAT:
A highly configurable and powerful end-to-end digital loan origination, servicing, and collection loan management platform.
v. Credit Assessment Memo (CAM):
Saves valuable time for personnel like credit managers by offering a report that is crisp and accurate and detects financial fraud.
