Provenir
Provenir is a privately held AI decisioning platform company founded in 2004 that helps banks, fintechs, telcos, and lenders automate credit risk, fraud, onboarding, and compliance across the customer lifecycle via a unified cloud-native, low-code SaaS platform with a 120+ data partner marketplace.
- Company typePrivate
- Founded2004
- HeadquartersParsippany, United States
- Headcount251–500
- GTM typeB2B
- OfferingSoftware
What Provenir does
Provenir is a privately held software company founded in 2004 and headquartered in Parsippany, New Jersey, that builds a cloud-native, low-code AI decisioning platform for financial institutions. The platform unifies data orchestration, machine learning models, decisioning flows, case management, and decision intelligence into a single system designed for sub-200ms real-time decisions at enterprise scale. It serves banks, fintechs, credit unions, telecommunications providers, auto lenders, BNPL providers, consumer lenders, and digital banks across more than 60 countries, processing over 4 billion transactions annually and supporting 120+ enterprise customers.
The platform's core technical differentiator is the Global Data Marketplace, which pre-integrates 120+ data partners (credit, fraud, identity) plus leading LLMs from OpenAI, Anthropic, and AWS Bedrock through a single API, eliminating the integration overhead typically required to assemble decisioning infrastructure. Recent additions include a Decision Intelligence module with AutoML, real-time graph ML, and an LLM-powered Provenir AI Assistant, as well as agentic decisioning capabilities that allow workflows to adapt and self-optimize in real time. The platform is ISO 27001 and SOC 2 certified and GDPR compliant.
Provenir operates a SaaS subscription revenue model sold primarily through direct enterprise field sales across North America, EMEA, APAC, MEA, and LATAM, supported by six regional offices (Parsippany, London, Singapore, Dubai, São Paulo, Mexico City). The company has been privately held for 20+ years with no disclosed funding rounds, suggesting either sustained profitability or self-funded growth. Customer-reported outcomes — including up to 95% decision automation, 60-135% conversion lifts, 57-80% reductions in go-live costs, and $10M+ annual net savings for marquee customers — illustrate the value proposition sold to enterprise risk and fraud executives.
Provenir firmographics
Firmographics- Name
- Provenir
- Legal name
- Provenir Inc.
- Website
- https://provenir.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Provenir is a privately held AI decisioning platform company founded in 2004 that helps banks, fintechs, telcos, and lenders automate credit risk, fraud, onboarding, and compliance across the customer lifecycle via a unified cloud-native, low-code SaaS platform with a 120+ data partner marketplace.
- Ownership category
- akta.pro rank
Provenir industry classification
Industry- Product category
- AI Decisioning Software
- NAICS
- Software Publishers (5132)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Responsible AI, Security & Privacy Platforms (Safety, Guardrails, PII) (HDAEANAG)
Keywords
Where Provenir is headquartered
LocationHeadquarters
- HQ city
- Parsippany
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
Provenir business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
Revenue model
- SaaS Subscription (AI Decisioning Platform): Provenir operates as a cloud-native SaaS platform, providing financial institutions access to its AI decisioning technology on a subscription basis. The platform is fully maintained and always-advancing, delivered as a managed service with professional services for implementation and ongoing support.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels6 records
Provenir product offering
Product offeringCore offering
Provenir provides a cloud-native, low-code AI Decisioning Platform that integrates data orchestration, AI/ML model deployment, decisioning flows, case management, and decision intelligence for financial institutions. The platform enables sub-200ms real-time credit risk, fraud, and compliance decisions across the customer lifecycle and is complemented by a Global Data Marketplace offering access to 120+ pre-integrated data partners through a single API. It is delivered as a managed SaaS subscription solution with bundled professional services for implementation.
Product overview
Provenir offers a unified AI Decisioning Platform architecture combining multiple integrated modules: the core AI Decisioning Platform, Provenir AI (encompassing machine learning, generative AI, and agentic AI capabilities), the Data Marketplace (with 120+ data partner integrations), Decision Intelligence (for analytics and optimization), and Case Management (for referral handling). The platform is complemented by four solutions: Credit Risk Onboarding, Fraud and Identity, Customer Management, and Collections. The architecture enables financial services organizations to access data, deploy AI/ML models, create decisioning flows, and monitor performance through a single low-code, cloud-native system processing over 4 billion transactions annually across 60+ countries.
Differentiator
Problem solved
Functional benefit
Products and services
- Provenir AI Decisioning Platform A single cloud-native, low-code AI decisioning platform for credit risk, fraud, and compliance across the customer lifecycle, combining data orchestration, AI/ML model deployment, decisioning flows, case management, and decision intelligence into one unified system built for sub-200ms real-time decisions at enterprise scale.
- Credit Risk Onboarding Solution for seamless credit risk onboarding of merchants and customers, with dynamic on-demand AI decisioning, KYB/KYC verification, AML compliance, and real-time approvals tailored for financial institutions.
- Fraud and Identity Solution for application fraud detection and streamlined identity verification, with dynamic data orchestration, automated AI decisioning, and integrated investigation handling for financial services organizations.
- Customer Management Solution for proactive customer engagement across the lifecycle, with AI-powered batch and event-triggered decisioning, real-time approvals and counteroffers, and personalized pricing optimization to maximize lifetime value.
- Collections Solution for collections management with dynamic, real-time decisions that improve rehabilitation rates, reduce losses, and enable comprehensive fair treatment strategies for financial services organizations.
Quantifiable outcome
- Up to 95% of decisions automated
- +22 more outcomes
Companies that use Provenir
Customer profileNamed customers22 records
Segments13 records
Ideal customer profiles6 records
Provenir technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability10 records
Feature12 records
Provenir partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- NorlyscoreProvenir partnered with Norlys to power next-generation credit decisioning across energy and telecom. Norlys is a major energy and telecom provider utilizing Provenir's platform to offer credit products to its customer base.
- Ryt BankcoreRyt Bank, a newly licensed digital bank in Malaysia and the world's first AI-powered bank, selected Provenir's AI Decisioning Platform to power its consumer lending products. The platform enables real-time credit risk assessment, instant loan approvals, AI-driven customer profiling for personalized loan offers, and automated compliance checks for regulatory requirements.
- Atom BankcoreAtom Bank, the UK's first app-based bank, selected Provenir for risk decisioning and data orchestration. The partnership enables Atom Bank to leverage Provenir's unified platform for real-time credit and fraud decisions across its digital banking services.
- Lewis GroupcoreLeading South African furniture retailer Lewis Group partnered with Provenir to drive AI credit decisioning transformation in the cloud. Provenir enables Lewis Group to offer credit products to furniture purchasers through a cloud-based AI decisioning platform.
- Datos InsightsminorDatos Insights featured Provenir's AI Decisioning Platform capabilities in a spotlight on best-in-class data and fraud orchestration capabilities, providing analyst validation and market exposure.
- OpenAIcoreProvenir is integrating leading LLMs from OpenAI and Anthropic through pre-integrated APIs into its Global Data Marketplace, enabling agentic AI capabilities and generative AI-powered decision insights within the platform.
- AnthropiccoreProvenir integrates Anthropic's Claude models alongside OpenAI's LLMs into its platform via pre-built API integrations through the Global Data Marketplace for generative AI and agentic workflow capabilities.
- AWS BedrockcoreProvenir hosts private LLM instances via AWS Bedrock, enabling enterprise customers to run AI models in a secure, private cloud environment as part of its AI-powered decisioning ecosystem.
- 120+ Data Partners (Global Data Marketplace)coreProvenir's Global Data Marketplace includes 120+ data partners offering thousands of global data services for credit, fraud, and identity. These partners extend Provenir's data ecosystem and provide pre-built integrations for financial services customers.
Scale indicators8 records
Recent moves6 records
Expansion highlights6 records
Provenir competitors and assessment
Company assessmentEmerging players
- Datameer: Datameer provides a SaaS data transformation and analytics platform used in financial services analytics workflows. Less directly competitive than FICO/ACTICO but adjacent in the data-orchestration layer that Provenir's Data Marketplace also addresses.
Regional players
- Mambu: Mambu is a cloud-native core banking platform widely used by challenger banks and fintechs (similar to Provenir customers such as Atom Bank, tbi bank, Ryt Bank). Often co-deployed or considered alongside Provenir in digital-bank build-outs, though Mambu is core-banking rather than decisioning.
Direct peers
- FICO: FICO is the long-standing incumbent in credit decisioning and fraud detection (FICO Platform, FICO Origination Manager, Falcon Fraud). It competes head-on with Provenir for the same bank, lender and fintech decisioning wallet with comparable ML/AI capability but at much larger scale.
- ACTICO: ACTICO is a focused decisioning platform vendor for credit risk and compliance with a low-code rules-and-ML engine. Closely comparable to Provenir's core decisioning proposition for mid-to-large European banks and lenders.
- nCino: nCino provides a cloud banking platform with built-in onboarding, credit decisioning and analytics for banks and credit unions. Directly competes with Provenir in the bank/credit-union onboarding and decisioning category.
Broad incumbents
- Pegasystems (Pega): Pega's Customer Decision Hub and Pega Cloud combine real-time decisioning, case management and AI for financial services. Highly comparable to Provenir's unified platform thesis, but delivered as part of a much wider CRM/case-management suite.
- SAS Institute: SAS offers enterprise analytics, fraud management and decisioning suites (SAS Fraud Management, SAS Real-Time Decisioning) widely deployed at large banks. Overlaps with Provenir on AI-driven credit and fraud decisions but as part of a much broader analytics portfolio.
- Temenos: Temenos' core banking platform includes decisioning, risk and analytics modules sold to banks globally. Comparable to Provenir at the platform layer for bank customers but as part of an end-to-end core-banking suite rather than a standalone decisioning platform.
- Experian: Experian combines consumer credit data (its own bureau) with decisioning software (Experian Decisioning, Ascend Platform). Highly comparable to Provenir's data-plus-decisioning thesis, with the added advantage of proprietary credit-bureau data.
- Equifax: Equifax offers credit data plus decisioning and fraud solutions (InterConnect, Kount). Like Experian, it is a broad incumbent with bundled data and decisioning capabilities targeting the same banks, fintechs and lenders as Provenir.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Provenir social profiles
Digital presenceProvenir compliance and trust
Trust signalCompliance3 records
Provenir financial estimates
Financial estimateRevenue estimate
Valuation estimate
Provenir leadership team
Management profileNumber of profiles
Profiles7 records
Provenir funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Provenir M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Provenir
What does Provenir do?
Provenir provides a cloud-native, low-code AI Decisioning Platform that integrates data orchestration, AI/ML model deployment, decisioning flows, case management, and decision intelligence for financial institutions. The platform enables sub-200ms real-time credit risk, fraud, and compliance decisions across the customer lifecycle and is complemented by a Global Data Marketplace offering access to 120+ pre-integrated data partners through a single API. It is delivered as a managed SaaS subscription solution with bundled professional services for implementation.
Is Provenir a public or private company?
Provenir is a private company. It is classified as unknown and is currently operating.
When was Provenir founded?
Provenir was founded in 2004. It employs 251 to 500 people.
Where is Provenir based?
Provenir is headquartered in Parsippany, United States, in the North America region.
How does Provenir make money?
One revenue line is on record: saaS Subscription (AI Decisioning Platform).
Who are Provenir's main competitors?
Datameer is listed as an emerging player. Mambu is listed as a regional player. Direct peers are FICO, ACTICO and nCino. Broad incumbents are Pegasystems (Pega), SAS Institute, Temenos, Experian and Equifax.
Does Provenir have an API?
Yes. Provenir offers a single API that provides access to all data needs across the platform. The platform features pre-built, zero-maintenance integrations to thousands of global data sources, accessed through a unified API. The Global Data Marketplace integrates leading LLMs from OpenAI and Anthropic through pre-integrated APIs, as well as private instances hosted via AWS Bedrock.
What industry is Provenir in?
Provenir's product category is AI Decisioning Software. Its primary akta.pro industry code is HDAEANAG, Responsible AI, Security & Privacy Platforms (Safety, Guardrails, PII). Its NAICS code is 5132 and its SIC code is 7372.