What Perfios does

Perfios Software Solutions Private Limited is a Bangalore-headquartered, privately-held fintech founded in 2008 that operates an AI and machine-learning operating system for the BFSI sector. The platform is organized into six core suites — Perfios Analyse (document digitization and credit-document analysis), Perfios Verify (KYC/KYB, VKYC, liveness, OCR, and compliance screening), Perfios Lens (PFM, CAM, collections, due diligence, and MSME lead generation), Perfios Protect (TrustArmour identity fraud, document tamper, deepfake detection, and health-insurance fraud), Perfios DPI Stack (India open-banking FIU++, FIP++, and PCG embedded-lending hub), and Perfios Platforms (InteGreat, iAdore, OneVigil, Acclaim, Nexus 360, Perfios Credit Assist, Consent Management, and Journey Builder) — exposing 500+ APIs used by 1,000+ financial institutions across 18+ geographies.

Underlying the suite layer is a multimodal AI stack combining computer vision, NLP, anomaly detection, generative AI (via the GenAI-powered Credit Assist assistant), process automation, and predictive analytics, trained against a proprietary data corpus of 2+ billion annual transactions, a 30-million pre-verified MSME business database, and 2.9+ million MCA-registered entities. The platform holds regulatory approvals from RBI, IRDAI, and SEBI for products such as Video PD, and operates under an ISO 27001/27017/27018/27701 plus CSA STAR Level 1 security posture.

Revenue is generated through three mechanics: API and transaction-based fees on per-document or per-verification consumption, subscription and platform-licensing for enterprise products (InteGreat, Nexus 360, Perfios Hub), and usage-based API consumption. Distribution runs through direct enterprise field sales to tier-1 banks, insurance carriers, NBFCs, fintechs, and emerging BFSI adjacencies; a self-serve developer marketplace (Perfios Hub with free sandbox); and a 15-office regional network spanning South and Southeast Asia, the Middle East, Africa, and Europe. Pricing is quote-based and not publicly disclosed, consistent with the enterprise BFSI GTM. Named customers include HDFC Bank, ICICI Bank, Axis Bank, IDFC First Bank, Bank of India, YES Bank, Standard Chartered, Bajaj Allianz, Prudential, Manulife, Britam, Incred Financial Services, UGRO Capital, RHB, FAB, RAK Bank, Absa, Techcom Bank, and Security Bank, with three identified wholly-owned subsidiaries (Credit Nirvana, Nexus 360, Consent Management Platform).

Name

Perfios

Legal name

Perfios Software Solutions Private Limited

Website

https://perfios.com

Company type

Private

Founded year

2008

Operating status

Operating

Short description

Perfios is an AI/ML operating system for BFSI institutions, offering 75+ products and 500+ APIs for digital onboarding, credit underwriting, identity verification, and fraud detection across 18+ geographies.

Ownership category

akta.pro rank

Product category

BFSI Software and AI Platforms

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Finance Services (6199)

akta.pro primary industry

Personal Financial Management & Budgeting (PFM) (FSAGAAAH)

Keywords

• BFSI software platforms
• AI credit underwriting
• Digital KYC verification
• Financial document analytics
• Open banking APIs

Headquarters

HQ city

Bangalore

HQ country

India

HQ region

Asia

Offices16 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. API/Transaction-based Revenue: Perfios generates revenue through API calls and transaction-based fees as evidenced by 500+ APIs and the company's positioning as a B2B SaaS platform serving financial institutions. The platform digitizes and analyses documents on a per-transaction basis for credit underwriting, KYC, and fraud checks.
2. Subscription/Platform Licensing: Revenue from platform subscriptions including Perfios Platforms (InteGreat, iAdore, Nexus 360), Perfios Hub API marketplace access, and enterprise-wide platform licenses for BFSI institutions.
3. Usage-based API Consumption: Developer and enterprise customers consume APIs (OneClick Onboarding, KYC APIs, Document Analysers, etc.) on a usage basis, with Perfios Hub offering free sandbox access and paid production access.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels9 records

Core offering

Perfios provides an AI and data platform for BFSI institutions that automates digital onboarding, credit underwriting, identity verification, fraud detection and open banking workflows. The offering is delivered through 75+ products and 500+ APIs spanning document analysis, KYC/KYB/VKYC, behavioral fraud analytics, GenAI underwriting assistants, and Open Banking infrastructure, and is consumed by 1,000+ banks, NBFCs, insurers and fintechs across 18+ geographies.

Product overview

Perfios is an AI-powered operating system for BFSI (Banking, Financial Services, and Insurance) offering a comprehensive platform-plus-modules architecture. The core product suite comprises six main pillars: Perfios Analyse (document digitization and analysis), Perfios Verify (identity verification and KYC), Perfios Lens (financial intelligence and decisioning), Perfios Protect (fraud detection and prevention), Perfios DPI Stack (open banking infrastructure), and Perfios Platforms (enterprise transformation tools). Together, these products provide 500+ APIs enabling digital onboarding, underwriting automation, risk assessment, fraud prevention, embedded finance, and claims processing for banks, NBFCs, fintechs, insurers, and other financial institutions across 18+ geographies. The platform processes 2+ billion transactions annually through 75+ platforms and products, serving 1000+ financial institutions worldwide.

Differentiator

Problem solved

Functional benefit

Brands

• Perfios Analyse: Digitise and analyse documents to automate operations
• Perfios Verify
• Perfios Lens
• Perfios Protect
• Perfios DPI Stack
• Perfios Platforms
• Nexus 360
• Perfios Credit Assist
• Journey Builder
• Consent Management
• InteGreat
• iAdore
• Acclaim
• OneVigil
• Perfios Hub
• Garner
• PFM
• CAM
• LeadGen
• TrustArmour
• Deepfake Detection
• VKYC
• OneSDK
• OneClick Onboarding
• kscan AI
• Credit Nirvana

Products and services

• Perfios Analyse (Document Analysers Suite) AI-powered document digitization and analysis platform for banks, NBFCs and fintechs that extracts and analyzes data from financial documents to automate credit underwriting.
• Perfios Verify (KYC/KYB Suite) Digital identity verification suite for BFSI institutions covering KYC, KYB, video KYC, liveness detection, OCR, AI ID verification, AML/UBO/PEP screening and OneSDK integration for regulatory-compliant onboarding.
• Perfios Lens (AI Intelligence Suite) AI-driven intelligence suite for banks, NBFCs, insurers and enterprises that powers collections efficiency, personal finance management, automated credit assessment, MSME lead generation, due diligence and legal/criminal checks.
• Perfios Protect (Fraud Detection Suite) Intelligent fraud detection suite for BFSI institutions that defends against identity theft, document tampering, behavioral fraud and deepfake spoofing during digital onboarding and transactions.
• Perfios DPI Stack Digital Public Infrastructure stack for India's Open Banking ecosystem, connecting Financial Information Users with Financial Information Providers via standardized data retrieval and embedded finance rails.
• Perfios Platforms (InteGreat, iAdore, OneVigil, Acclaim, Perfios Hub, Nexus 360, Perfios Credit Assist, Journey Builder, Consent Management) Suite of enterprise BFSI platforms covering end-to-end digital onboarding and loan origination (InteGreat), automated underwriting (iAdore), background verification (OneVigil), health claims automation (Acclaim), API marketplace (Perfios Hub), document-to-decision (Nexus 360), GenAI underwriting (Perfios Credit Assist), workflow automation (Journey Builder) and DPDP-compliant consent governance (Consent Management).
• Perfios Hub API Marketplace Self-serve API marketplace where developers and technical teams at BFSI institutions can discover and integrate 500+ Perfios APIs, with free sandbox access and paid production tiers.
• Nexus 360 Unified document-to-decision platform that intelligently transforms financial documents into decisions by combining multiple AI modalities (video, image, text, structured data).
• Perfios Credit Assist GenAI-powered underwriting assistant that automates and accelerates credit analysis and decision-making for lenders using generative artificial intelligence.
• Deepfake Detection AI-powered detection of spoofing attempts in video KYC and biometric logins to reduce fraud during remote identity verification.
• Consent Management Platform Consent capture and management platform with end-to-end encryption providing audit-ready consent governance for DPDP (Digital Personal Data Protection) compliance.
• Journey Builder Visual automation tool for building customizable onboarding and verification workflows for financial institutions without code.
• kscan AI Advanced AI scanning solutions for document and data processing within the Perfios platform.
• PCG (Plug-and-Play Lending Hub) Plug-and-play lending hub that enables embedded finance by connecting lenders with marketplaces for seamless loan distribution.
• Acclaim Real-time health insurance claims data extraction, categorization and analytics for accelerated claims adjudication.
• OneVigil Background verification solution for swift and thorough candidate, employee and vendor verification.
• Credit Nirvana Wholly owned credit solutions subsidiary of Perfios focused on credit decisioning solutions for lenders.

Quantifiable outcome

• 2+ billion transactions processed per year across 1,000+ financial institutions
• +6 more outcomes

Named customers21 records

Segments9 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability11 records

Feature11 records

Scale indicators9 records

Recent moves6 records

Expansion highlights7 records

Broad incumbents

• Jumio: Established global identity verification and AML/KYC platform competing for the same enterprise BFSI customers, with comparable document AI and biometric capabilities.
• Onfido: Global KYC and identity verification incumbent serving banks and fintechs across geographies, overlapping with Perfios Verify, VKYC, and deepfake detection offerings.
• Plaid: API-first financial data connectivity platform with parallel open banking/FIU infrastructure ambitions; comparable in distribution model and developer-first GTM to Perfios Hub.
• Yodlee (Envestnet): Long-standing financial data aggregation and analytics platform powering bank statement analysis, credit decisioning, and PFM — directly comparable to Perfios Analyse and Lens PFM capabilities.

Direct peers

• HyperVerge: AI-based identity verification and onboarding platform serving banks, fintechs, and insurers in India and Southeast Asia, directly competing with Perfios Verify and liveness detection.
• Signzy: India-headquartered B2B fintech providing AI-driven KYC, KYB, and video onboarding APIs to banks, NBFCs, and insurers — the closest direct competitor to Perfios in Indian BFSI infrastructure.
• IDfy: Asia-focused identity verification, background check, and KYB platform serving enterprises and BFSI; comparable product suite to Perfios Verify and OneVigil offerings.
• Karza Technologies: Indian data and verification infrastructure provider for BFSI, offering KYC, due diligence, credit, and API products comparable to Perfios Analyse and Verify suites.

Regional players

• Cashfree Payments: India-leading payment infrastructure and API platform serving banks and fintechs, adjacent to Perfios's payments vertical and overlapping in B2B API-first GTM.

Emerging players

• M2P Fintech: India-based API infrastructure for credit, banking, and identity workflows with overlap to Perfios Platforms and DPI Stack, particularly in lending and embedded finance.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/perfios
• YouTubeyoutube.com/@Perfios
• Facebookfacebook.com/Perfios
• LinkedInlinkedin.com/company/perfios
• Instagraminstagram.com/perfios_software

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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 Perfios