Instant approvals for fintech onboarding and underwriting
Recase automates fintech onboarding and underwriting tasks, turning cases that would otherwise need manual review into instant approvals. Our platform connects to any KYC/KYB data sources, enabling teams to build risk scoring and AI workflows that achieve full automation.
Active Founders
Ayush Rodrigues, Founder
Previously a PM at a London-based payment company called Checkout.com. Trying to make risk processes a bit more fun.
John Yeo, Founder
I've been building software for 6 years now, and before Recase, built a low-code platform to help devs speed up backend development. Studied computer engineering at Imperial College London.
Company Launches
https://www.youtube.com/watch?v=Qztl7FWPhsw
Problem
More than 50% of fintech onboarding and underwriting cases require some form of manual review. These reviews delay revenue and increase the rate at which customers abandon the process.
Some examples:
- Asking customers for new documents because they uploaded the wrong one
- Requesting additional information from higher-risk customers
- Investigating AML alerts for false positives
- Formatting data from bank statements into underwriting models
So why have we only reached 50% full automation?
- Onboarding requirements are unique and change frequently.
- Until recently, some tasks simply could not be automated.
As a result, humans have been hired to do things manually. Waiting for an analyst to action a case, or handling back-and-forth with customers delays onboarding by days.
Solution
Recase automates case handling, by using AI workflows to turn manual reviews into instant decisions.
Custom flows can be built to:
- Perform AI actions, such as extracting data from documents, or flagging AML false positives
- Send real-time notifications and emails to automatically correct ‘unhappy paths’
- Interact with external integrations KYC/KYB providers, and build risk scoring around them
We unify onboarding data and decisions in one place for review, accessible via API or our cases UI. Integration is as simple as sending us application data as it’s received.
Ask
If you know any product or operation leaders at fintechs, we’d love to speak to them. Email us at founders@recaseai.com!
If you’re a fintech looking to speed up your onboarding, we’re here to help. Book some time with us at cal.com/ayrod
Team
Ayush saw this problem firsthand at Checkout.com when he acted as product manager for risk & fraud, scaling their internal rule engine to 500k daily events. John has been building software for 6 years and studied computer engineering at Imperial College London. Before Recase, he built a low-code tool to help devs automate backend development.
Together, we’re on a mission to ensure no good user ever has to wait to use the amazing products our customers offer.
Company Photo
