Percipient builds digital banking technology focused on helping banks modernize without replacing legacy systems. Its flagship product, TWINNTM, is a digital twin solution that creates a lightweight, enhanced and API-ready representation of enterprise data and processes. The company says TWINN enables AI-powered digital services, partnerships and improved customer experiences without rearchitecting existing systems. A UAE-based bank is piloting TWINNTM, with the pilot expected to complete by the end of October 2020. Percipient raised US$5 million to support the product launch. Company leaders position the offering as a lower-cost, non-invasive approach to digital transformation for mid- to lower-tier financial institutions.

Total raised

$5M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2020