What OnFinance AI does

OnFinance AI is a Bengaluru-based generative AI company that builds compliance software for the Banking, Financial Services, and Insurance (BFSI) sector, incorporated as Mindweave Transformers Private Limited (CIN U62099KA2023PTC173821). Its core product is ComplianceOS AI Agent, an AI-powered compliance management platform that automates regulatory update ingestion, evidence collection, task assignment, and audit-ready report generation for compliance officers at banks, asset management companies, insurance firms, exchanges, and wealth managers. The platform is built on NeoGPT, the company's proprietary BFSI-specific large language model, which is a fine-tune of Meta's LLaMA 3.3 70B trained on regulatory corpora spanning SEBI, RBI, IRDAI, SEC, and MAS frameworks. ComplianceOS is structured as five specialized sub-agents (Circulars, Actionables, Evidence, Regulation, Report), augmented by V2T (Voice-to-Text), a voice surveillance add-on that transcribes landline, GSM, Teams, CCTV, Bloomberg, and Reuters audio in under 10 seconds with claimed 95%+ accuracy for market abuse detection.

The company's technology stack also includes a Dynamic Compliance Graph mapping regulations to business activities, a Smart Regulation Library with versioned amendments, Horizon Scanning for SEBI/RBI consultation papers, and an AI-powered natural-language search engine. The product supports SaaS, private cloud (AWS, Azure, GCP, Oracle), and on-premise deployments to satisfy enterprise data-residency requirements in financial services.

OnFinance AI operates a sales-led enterprise go-to-market with demo-driven Calendly booking, contact-sales forms, and a dedicated account manager on the enterprise tier. Published pricing ranges from $15.99/month (Starter, up to 5 users) to $49.99/month (Growth, up to 25 users) and $109.99/month (Enterprise, unlimited users with 24/7 priority support), although these tiers appear oriented toward smaller accounts with larger contracts negotiated separately. The company has raised $5.25 million to date across a $1.05M seed round in November 2023 (led by Silverneedle Ventures and IAN) and a $4.2M pre-Series A in September 2025 (led by Peak XV's Surge), and is expanding from India into the US, UK, and MENA. Recognition includes Microsoft AI First Mover (India/South Asia), NASSCOM Indian LLM Landscape inclusion for NeoGPT, Forbes Asia 30 under 30 for CEO Anuj Srivastava, and a CNBC-TV18 Leap to Unicorn feature.

Name

OnFinance AI

Legal name

Mindweave Transformers Private Limited

Website

https://onfinance.ai

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

11–50 employees

Short description

OnFinance AI builds ComplianceOS, a BFSI-specific AI compliance management platform powered by its proprietary NeoGPT (fine-tuned LLaMA 3.3 70B), serving banks, AMCs, insurance firms, exchanges, and wealth managers with regulatory update automation, evidence collection, and voice surveillance across India, US, UK, and MENA.

Ownership category

akta.pro rank

Product category

Regulatory Compliance Software

NAICS

Computer Systems Design and Related Services (54151)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

AI Governance, Risk & Compliance (GRC) Platforms (HDAAAMAA)

akta.pro secondary industries

Regulatory Readiness & Audit Automation (e.g., EU AI Act, NIST AI RMF, ISO/IEC 42001) (HDAAAMAE), Enterprise AI Governance, Risk & Compliance Platforms (Model Risk, Audit, Policies) (HDAEANAE), Responsible AI, AI Governance & Compliance Services (BPAEAHAJ)

Keywords

• Regulatory compliance software
• AI compliance automation
• BFSI AI solutions
• Regulatory technology
• Compliance management platform

Headquarters

HQ city

Bengaluru

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations

Revenue model

1. SaaS Subscription - ComplianceOS AI Agent: Tiered subscription model for AI-powered compliance management platform with SaaS, private cloud (AWS, Azure, GCP, Oracle), or on-premise deployment options. Plans include Starter ($15.99/month for up to 5 users), Growth ($49.99/month for up to 25 users), and Enterprise ($109.99/month for unlimited users with dedicated account manager and 24/7 priority support).

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

OnFinance AI builds and sells ComplianceOS, an AI-powered compliance management platform for BFSI institutions, powered by its proprietary NeoGPT large language model. The platform automates regulatory update capture, evidence collection, task management, and audit-ready reporting across SEBI, RBI, IRDAI, SEC, and MAS frameworks. A separate V2T module provides voice monitoring and transcription for market abuse surveillance across calls, Teams, CCTV, Bloomberg, and Reuters chats.

Product overview

OnFinance AI offers an AI-powered compliance management platform for the BFSI sector, built around its proprietary NeoGPT large language model (BFSI-specific fine-tuned LLaMA 3.3 70B). The core product is ComplianceOS AI Agent, which includes five specialized sub-agents: Circulars AI Agent for regulatory communication processing, Actionables AI Agent for task management, Evidence AI Agent for automated evidence collection, Regulation AI Agent for regulatory library management, and Report AI Agent for compliance reporting. The company also offers V2T (Voice-to-Text) as an add-on for voice monitoring and market abuse detection. Products support regulations from SEBI, RBI, IRDAI, SEC, and MAS authorities.

Differentiator

Problem solved

Functional benefit

Brands

• ComplianceOS: AI-powered compliance management system for BFSI sector that automates regulatory updates, evidence collection, task management, and audit reporting.
• NeoGPT
• V2T (Voice-to-Text)

Products and services

• ComplianceOS AI Agent AI-powered compliance management platform for BFSI institutions that automates regulatory updates, evidence collection, task management, and audit-ready reporting. Powered by NeoGPT and tailored for compliance officers at banks, asset management companies, insurance companies, exchanges, and wealth management firms regulated by SEBI, RBI, IRDAI, SEC, and MAS.
• V2T (Voice-to-Text) Voice monitoring and transcription solution for financial market surveillance. Processes audio from landline/GSM calls, Teams calls, CCTV audio, and Bloomberg/Thomson Reuters chats, providing real-time deal reconciliation, sentiment and pattern analysis, and industry-specific term detection for market manipulation prevention.
• NeoGPT BFSI-specific fine-tuned large language model based on LLaMA 3.3 70B, recognized by NASSCOM in the Indian LLM Landscape. Powers ComplianceOS and V2T with regulator-communication interpretation, natural language search, automated report generation, and AI-driven workflows.

Quantifiable outcome

• 84% reduction in manual effort for compliance teams
• +4 more outcomes

Named customers3 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability10 records

Feature8 records

Partnerships

Three partnerships are on record, tiered core.

• Amazon Web Services (AWS)coreTechnology or IntegrationCloud infrastructure partner for private cloud deployment options. ComplianceOS supports seamless integration with AWS.
• Microsoft AzurecoreTechnology or IntegrationCloud infrastructure partner for private cloud deployment options. Also recognized as Microsoft AI First Movers partner.
• Google CloudcoreTechnology or IntegrationCloud infrastructure partner for private cloud deployment options. ComplianceOS supports seamless integration with Google Cloud.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Ascent: AI-driven regulatory and compliance platform for financial services. Directly comparable to OnFinance in serving BFSI institutions with AI-native compliance automation, though Ascent is more US-anchored.
• Tookitaki: Singapore-headquartered RegTech providing AI-based AML, sanctions screening, and compliance solutions for banks. Comparable vertical (BFSI), similar AI-native architecture, and overlapping APAC/MEA expansion strategy.
• Fenergo: AI-powered KYC, AML, and client lifecycle management platform for global financial institutions. Direct overlap in BFSI compliance, though Fenergo is more established and serves tier-1 global banks.
• Theta Lake: Voice, video, and chat compliance surveillance for financial firms including transcription of Bloomberg, Teams, and trading turrets. Directly comparable to OnFinance's V2T module for market abuse monitoring.
• Behavox: AI-driven compliance and conduct surveillance platform for financial institutions, including voice analytics and trader monitoring. Overlaps directly with OnFinance's V2T market abuse surveillance offering.

Broad incumbents

• Wolters Kluwer Compliance Solutions: Large incumbent providing regulatory compliance, KYC/AML, and risk management solutions for banks globally. Represents the established GRC competition OnFinance is challenging in BFSI.
• NICE Actimize: Enterprise financial crime, AML, and market surveillance platform serving tier-1 global banks. Comparable in surveillance and regulatory compliance scope, but at incumbent scale and breadth.
• Bloomberg Regulatory Solutions: Bloomberg's regulatory and compliance workflow tools used by banks, asset managers, and trading desks. Comparable in serving BFSI compliance officers with regulatory intelligence and workflow tooling.

Emerging players

• WorkFusion: AI agents for compliance, KYC, and back-office automation in financial services. Overlaps in BFSI AI-agent use cases for compliance officers, though broader in scope than BFSI-specific.

Others

• DataRobot: Enterprise AI platform for building and deploying domain-specific ML/LLM models. Relevant adjacent enabler for the kind of BFSI-specialized generative AI stack OnFinance has built with NeoGPT.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/OnFinance_ai
• LinkedInlinkedin.com/company/onfinanceofficial
• Facebookfacebook.com/OnFinance.in

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds5 records

Investors9 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OnFinance AI