Details

Last Funding Type

Debt Financing

Last Funding Money Raised

₹500M

Industries

Financial Services,FinTech,Personal Finance,Software

Founded date

Nov 7, 2007

Number Of Employee

251 - 500

Operating Status

Active

Legal Name

Perfios Software Solutions Pvt Ltd

Perfios is a newage Fintech company that provides innovative solutions in Personal Finance and related areas. The B2C Personal Finance Management (PFM) solution provided by Perfios offers a 360-degree view of one’s personal finance in an automated way and lets an end-user track, monitor, and manage her finance with very little manual intervention. It already has more than 5,00,000 registered users and has been deployed for more than 6 years now. Perfios is leveraging its core technologies in automating key aspects of certain common business processes in Financial Institutions.

Perfios Insights, a B2B solution used by various banks, NBFCs, and corporates automate the entire process of financial checks, verification, and extraction of KYC details that are currently manually done. Perfios Insights can help in dramatically improving the turn-around time for processing an application (Loans, Credit Cards, Insurance, etc.) whether it originated from an offline or an online channel, thus delighting the prospective clients. As a result, the entire operational process is improved, resulting in lower cost, higher accuracy, superior user experience, and resulting in increased user acquisition. So, any process that involves financial verification and underwriting can benefit from using Perfios solutions.

Perfios supports more than 1000+ different types of E-Statements and 250+ Financial Institutions for automatic fetch at its platform. Both the B2C and B2B solutions are used by various banks, NBFCs, and corporates as well as end-users (B2C Solution).

Perfios Software Solutions has acquired 2 organizations. Their most recent acquisition was FinTechLabs on Nov 12, 2019. They acquired FinTechLabs for 0.

Date Company Name	Industry	Acquisition Type	Price
Nov 12, 2019 FinTechLabs	Finance	acquisition	—	Detail
Feb 25, 2022 Karza Technologies	Analytics	acquisition	₹ 5.97B	Detail