Perfios offers real-time data aggregation and analysis tools that help banks, fintechs and insurance firms streamline customer journeys, reduce risk, spot fraud, and improve portfolio quality. The company processes 1.7 billion transactions a year, delivers 8.2 billion data points annually, and reports an AUM of $36 billion. Perfios is operational in nearly two dozen markets and is headquartered in Bengaluru. Management says the business has seen steady year-on-year growth with consistent improvement in the bottom line; the company generated $49.1 million in revenue in the financial year ending March last year. Perfios has raised $464 million in primary and secondary transactions to date and completed a $229 million funding round in September. The company plans to use the new capital to strengthen its business outside India and to explore inorganic growth opportunities, and it intends to go public by next year. Perfios is a fintech SaaS company that provides real-time credit underwriting solutions to banks and non-banking financial institutions. Its platform automates loan decisions, aggregates financial data for APIs, and delivers model and loan insights using AI/ML and digital scoring that produces overall scores and detailed breakdowns. The system adapts and learns, can forecast trends in new markets, and is tailored across various financial products. Perfios says it operates in 18 geographies, claims market leadership in India, and has a strong footprint in the Middle East and Southeast Asia, with 1,000+ trusted partners. The company has raised $384M in primary and secondary transactions to date (per Tracxn) and was valued at over $900M after the latest round. The new funding is intended to deepen expansion into North America and Europe and to accelerate partners' digital transformation; the company is targeting an IPO in 18–24 months.

Total raised

$309M

Funding rounds

2

Latest round

Equity

Latest activity

Mar 2024