The financial services sector is evolving rapidly with the infusion of artificial intelligence (AI). This industry focuses on harnessing advanced technologies to enhance lending processes, improve risk management, and optimize customer engagement. Companies operating in this space range from startups to established institutions, offering various AI-driven solutions like automated underwriting, fraud detection, and financial analytics. Moving forward, the sector is set to see increased integration with blockchain and enhanced data analytics, paving the way for greater accuracy and efficiency in financial transactions. This transformation not only caters to institutions but also aims to improve user experiences across the board.

This list showcases 22 standout companies in the AI financial services industry, featuring a mix of sizes and specializations. Ranging from startups to established firms, these organizations are predominantly headquartered in the United States and have been founded within the last two decades. While many offer advanced AI solutions like fraud detection and automated lending, others focus on enhancing customer engagement or streamlining banking operations. This rich variety highlights the innovation and unique offerings present in the sector, ultimately redefining customer interactions and operational frameworks.

Top 22 AI In Financial Services Companies

1. ZestFinance

• Website: zestfinance.com
• Ownership type: Private
• Headquarters: Burbank, California, United States (USA)
• Employee distribution: United States (USA) 92%, India 8%
• Founded year: 2009
• Headcount: 51-200
• LinkedIn: zestfinance

Zest AI, headquartered in Burbank, California, is a technology firm that specializes in artificial intelligence solutions for the lending industry. Founded in 2009, the company has developed a suite of services that includes AI-automated underwriting, fraud detection, and lending intelligence. Zest AI collaborates with various financial institutions, such as credit unions and banks, to enhance their decision-making processes and promote fair access to credit. The company has created over 500 active models that help lenders make more informed decisions while reducing risk. Zest AI is also recognized for its commitment to economic equity, aiming to ensure that lending decisions reflect the worth of all individuals. Their technology has supported significant loan originations, demonstrating their impact in the financial sector.

2. Zest AI

• Website: zest.ai
• Ownership type: Venture Capital
• Headquarters: Burbank, California, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: Series E-K, $200.0M, December 2024
• Founded year: 2009
• Headcount: 51-200
• LinkedIn: zest-ai

Zest AI, founded in 2009 and based in Burbank, California, is a financial technology firm that leverages artificial intelligence to transform the lending industry. The company offers a suite of services including automated underwriting, fraud detection, and lending intelligence, specifically tailored for credit unions, banks, and specialty lenders. Zest AI aims to enhance decision-making processes and ensure fair access to credit by utilizing advanced machine learning models. With over 500 active models in use, Zest AI has demonstrated its ability to improve lending efficiency and reduce risk for its clients. The company recently secured $200 million in Series E-K funding, underscoring its growth trajectory and the confidence investors have in its mission to innovate within the lending ecosystem.

3. Personetics

• Website: personetics.com
• Ownership type: Private Equity
• Headquarters: New York, New York, United States (USA)
• Employee distribution: Israel 65%, United States (USA) 11%, Brazil 8%, Other 15%
• Latest funding: $85.0M, January 2022
• Founded year: 2011
• Headcount: 201-500
• LinkedIn: personetics

Personetics Technologies, founded in 2011 and based in New York, is a financial technology firm that provides AI-based software solutions tailored for banks and financial institutions. The company focuses on enhancing customer engagement and financial management through real-time analysis of transaction data. Their product suite includes tools for smart savings journeys, transaction data enrichment, and advanced money management, all designed to improve customer experiences. Personetics serves a range of clients, including large banks and credit unions, helping them modernize their services. The company has received substantial funding, with a reported amount of $85 million in early 2022, indicating strong investor confidence in their business model and growth trajectory. With a workforce of around 370 employees, primarily located in Israel, Personetics is recognized as a global player in personal financial engagement, further solidifying its position in the financial services industry.

4. Synechron

• Website: synechron.com
• Ownership type: Private
• Headquarters: New York, New York, United States (USA)
• Employee distribution: India 77%, United States (USA) 8%, Serbia 3%, Other 12%
• Founded year: 2001
• Headcount: 10001+
• LinkedIn: synechron

Synechron is a consulting firm based in New York, founded in 2001, with a workforce of over 13,000 employees. The company specializes in technology and digital solutions for the financial services and hi-tech industries. Synechron offers a wide array of services, including artificial intelligence, software engineering, and consulting, aimed at improving operational efficiency and fostering growth for its clients. Their expertise spans various sectors within financial services, such as capital markets, investment banking, wealth management, asset management, and insurance. Synechron's innovative approach is evident in their FinLabs, where they develop practical applications of AI and other emerging technologies to address the specific needs of financial institutions. Their client portfolio includes prominent firms in the financial sector, showcasing their capability to deliver tailored solutions that drive value and transformation.

5. Provenir

• Website: provenir.com
• Ownership type: Private
• Headquarters: Parsippany-Troy Hills, New Jersey, United States (USA)
• Employee distribution: United States (USA) 27%, United Kingdom (UK) 27%, India 26%, Other 20%
• Founded year: 2004
• Headcount: 201-500
• LinkedIn: provenir-inc-%e2%80%93-financial

Provenir is a financial technology firm based in Parsippany-Troy Hills, New Jersey, founded in 2004. The company focuses on providing AI-powered decisioning solutions tailored for financial services providers. Their offerings include credit risk onboarding, fraud prevention, and customer management, all designed to enhance efficiency and mitigate risk throughout the customer lifecycle. Provenir serves a variety of clients, including banks, credit unions, and fintech companies, helping them streamline operations and improve customer experiences. With a workforce of approximately 282 employees and a presence in key markets such as the United States, the United Kingdom, and India, Provenir has established itself as a significant player in the financial technology sector. The company processes over 4 billion transactions annually, showcasing its capability to handle large volumes of data and decision-making processes effectively.

6. Plaid

• Website: plaid.com
• Ownership type: Venture Capital
• Headquarters: San Francisco, California, United States (USA)
• Employee distribution: United States (USA) 93%, United Kingdom (UK) 4%, Netherlands 2%, Other 1%
• Latest funding: April 2025
• Founded year: 2013
• Headcount: 501-1000
• LinkedIn: plaid-

Plaid, Inc. is a financial technology company based in San Francisco, California, founded in 2013. The company provides a platform that allows users to connect their bank accounts to various applications, primarily serving fintech companies and financial institutions. Plaid's offerings include services such as payments, fraud prevention, identity verification, and personal finance insights. These services facilitate seamless financial transactions and data connectivity, which are essential for modern financial applications. With a workforce of approximately 1,368 employees, Plaid operates primarily in the United States, with a small presence in the United Kingdom and the Netherlands. The company has established connections with over 12,000 financial institutions, enabling it to support a wide range of use cases, including lending, digital banking, and property management. Plaid's technology is designed to enhance user experiences by providing instant account linking and real-time data access, which are critical in today's fast-paced financial environment.

7. Borealis AI

• Website: borealisai.com
• Ownership type: Private
• Headquarters: Toronto, Ontario, Canada
• Founded year: 2016
• Headcount: 51-200
• LinkedIn: borealis-ai

Borealis AI, founded in 2016 and based in Toronto, Ontario, is a private AI technology company that specializes in financial services. With a team of approximately 144 employees, Borealis AI focuses on creating AI products that enhance banking operations for the Royal Bank of Canada (RBC) and its clients. Their offerings include advanced solutions for electronic trading, digital money management, and natural language processing, all aimed at improving financial decision-making and customer experiences. Borealis AI is committed to responsible AI practices, as evidenced by their RESPECT AI initiative, which emphasizes ethical considerations in AI development. The company actively engages in research to address complex challenges in the financial sector, leveraging its affiliation with RBC to access valuable data and insights. This positions Borealis AI as a significant contributor to the evolution of AI in finance, impacting millions of clients across Canada and beyond.

8. Excellarate

• Website: excellarate.com
• Ownership type: Corporate
• Headquarters: Scottsdale, Arizona, United States (USA)
• Employee distribution: India 97%, Other 3%
• Latest funding: January 2023
• Founded year: 1999
• Headcount: 1001-5000
• LinkedIn: excellarate

Excellarate, founded in 1999 and based in Scottsdale, Arizona, is a technology solutions provider that specializes in HealthTech, InsurTech, and FinTech. With a workforce of around 728 employees, predominantly located in India, the company focuses on enhancing operational efficiency and investment strategies for businesses in the financial and healthcare sectors. Their FinTech offerings include portfolio management, digital lending, and algorithmic trading solutions, which leverage artificial intelligence and automation to improve performance and decision-making. Excellarate's commitment to AI enablement and predictive analytics positions them as a significant player in the financial services industry, helping clients navigate the complexities of modern finance with tailored technology solutions.

9. TAZI AI Systems

• Website: tazi.ai
• Ownership type: Venture Capital
• Headquarters: San Francisco, California, United States (USA)
• Employee distribution: Turkey 50%, United States (USA) 50%
• Latest funding: Seed, $100,000, September 2023
• Founded year: 2017
• Headcount: 11-50
• LinkedIn: tazi-ai-systems

TAZI AI Systems, based in San Francisco, California, is an AI technology company that focuses on delivering advanced AI solutions specifically for the financial services industry. Established in 2017, TAZI provides a range of services including customer retention strategies, fraud detection mechanisms, and comprehensive data analytics. Their solutions are crafted to assist financial institutions in enhancing customer experiences and streamlining operational processes. TAZI operates on a venture capital model and has a workforce of approximately 33 employees, split evenly between the United States and Turkey. The company recently secured $100,000 in seed funding in September 2023, reflecting its potential for growth and innovation. TAZI's technology is recognized for its adaptability and compliance, making it a valuable partner for banks and investment firms looking to leverage AI for improved decision-making and risk management.

10. Alpha Intelligence

• Website: alphaintelligence.co
• Ownership type: Private
• Headquarters: Taiwan
• Employee distribution: Taiwan 100%
• Founded year: 2016
• Headcount: 11-50
• LinkedIn: alphaloan

Alpha Intelligence, founded in 2016 and based in Taiwan, is a private FinTech company that focuses on AI-driven financial solutions. With a team of 23 employees, the company has developed several products aimed at improving the efficiency and effectiveness of financial institutions. Their flagship offerings include Alphaloan, which assists users in comparing loan options, Fincake for financial product comparisons, and AlphaKYC, an automated system for Know Your Customer processes utilizing alternative data. Alpha Intelligence has made significant strides in the industry, having been recognized as one of the Financial Times Asia Pacific Growth 500 Companies. The company has also expanded its operations across Asia, establishing branches in Singapore, Thailand, and Vietnam, which reflects its growth and ambition in the financial technology space. Their collaborations with major banks like Citi Bank and HSBC further highlight their impact and relevance in the financial services sector.

11. Aizen

• Website: aizenglobal.com
• Ownership type: Corporate
• Headquarters: Yeongdeungpo, Seoul, South Korea
• Employee distribution: South Korea 80%, Vietnam 7%, India 7%, Other 7%
• Latest funding: Series B, $1.6M, January 2023
• Founded year: 2016
• Headcount: 11-50
• LinkedIn: aizenglobal

Aizen, founded in 2016 and based in Yeongdeungpo, Seoul, South Korea, is a fintech company focused on AI-driven financial solutions. With a team of around 30 employees, Aizen has developed platforms like CreditConnect and ABACUS, which automate financial decision-making and improve access to credit for businesses in sectors such as e-commerce and mobility. The company has made strides in the Asian market, particularly in Vietnam and Indonesia, where it provides AI-based banking-as-a-service solutions. Aizen has garnered attention for its innovative approach, receiving a Series B funding round of $1.6 million in January 2023. Their technology not only enhances efficiency for financial institutions but also bridges the credit gap for emerging industries, making them a notable player in the fintech landscape.

12. Envestnet | Yodlee India

• Website: yodlee.com
• Ownership type: Corporate
• Headquarters: Redwood City, California, United States (USA)
• Employee distribution: India 99%
• Latest funding: $590.0M, August 2015
• Founded year: 1999
• Headcount: 1001-5000
• LinkedIn: yodlee-infotech-pvt-ltd

Envestnet | Yodlee India is a financial technology company that specializes in data aggregation and analytics services. Founded in 1999 and headquartered in Redwood City, California, Yodlee provides a suite of solutions tailored for financial institutions, fintech companies, and small to medium-sized businesses. Their offerings include data aggregation, financial wellness tools, and analytics services, all aimed at enabling clients to manage and analyze financial data effectively. The company has a significant presence in the market, with over 19,000 data sources and partnerships with more than 700 fintech companies and 16 of the 20 largest U.S. banks. Yodlee's innovative use of AI, particularly in areas like conversational banking and data enrichment, allows clients to enhance customer engagement and improve financial offerings. With a workforce primarily based in India, Yodlee continues to drive advancements in financial technology, making it a key player in the industry.

13. Wiam Group

• Website: wiam.group
• Ownership type: Private
• Headquarters: Singapore
• Employee distribution: Mexico 25%, United Arab Emirates 25%, Singapore 25%, Other 25%
• Founded year: 2014
• Headcount: 51-200
• LinkedIn: wiam-group

Wiam Group, founded in 2014 and based in Singapore, is a private fintech company that focuses on providing innovative financial technology solutions. The company specializes in credit risk management, lending process optimization, and big data processing. With a team of experts in software development and risk assessment, Wiam Group aims to enhance operational efficiency for businesses in the financial and retail sectors. Their services are particularly tailored for markets in South-Eastern Asia and the Middle East, where they are actively working to meet the growing demand for fintech solutions. Wiam Group operates through its subsidiaries, including VAYO, which offers digital solutions for merchants, and LendSwap, which focuses on cryptocurrency markets. The company prides itself on its in-house expertise and the ability to deliver high-quality, secure, and efficient solutions to its clients.

14. Advance Intelligence Group

• Website: advancegroup.com
• Ownership type: Private Equity
• Headquarters: Singapore
• Employee distribution: Singapore 36%, China 33%, Indonesia 16%, Other 16%
• Latest funding: $80.0M, May 2023
• Founded year: 2016
• Headcount: 1001-5000
• LinkedIn: advance-intelligence-group

Advance Intelligence Group, founded in 2016 and based in Singapore, is a fintech company that specializes in AI-powered financial services. The firm operates through various business units, including Atome Financial, which provides consumer financing solutions, and ADVANCE.AI, which focuses on risk management and fraud prevention. The company aims to improve financial inclusion for underbanked consumers and businesses across the ASEAN region. With a workforce of over 1,600 employees, Advance Intelligence Group has established a significant presence in markets such as Singapore, China, Indonesia, and the Philippines. In May 2023, the company secured $80 million in funding, reflecting its growth trajectory and the confidence of investors. Their innovative approach to integrating AI in financial services has garnered recognition, including awards for their contributions to the fintech sector.

15. Socure

• Website: socure.com
• Ownership type: Private Equity
• Headquarters: Incline, Nevada, United States (USA)
• Employee distribution: United States (USA) 68%, India 31%, Other 1%
• Latest funding: Other (Debt), $95.0M, March 2023
• Founded year: 2012
• Headcount: 501-1000
• LinkedIn: socure

Socure, founded in 2012 and based in Incline, Nevada, is an identity verification platform that specializes in fraud prevention and compliance solutions. The company serves a wide array of clients, particularly in the financial services sector, by offering real-time identity verification powered by artificial intelligence and machine learning. Socure's mission is to eliminate identity fraud and streamline customer onboarding processes, making it easier for financial institutions to verify identities while meeting stringent compliance requirements. With over 2,600 customers, including major financial institutions, Socure has established itself as a significant player in the industry. The company recently secured $95 million in funding in March 2023, further solidifying its position and capacity for innovation in identity verification and fraud prevention.

16. CashBUS

• Website: cashbus.com
• Ownership type: Venture Capital
• Headquarters: Shanghai, Shanghai, China
• Employee distribution: China 100%
• Latest funding: Series B, $25.0M, March 2016
• Founded year: 2014
• Headcount: 201-500
• LinkedIn: cashbus

CashBUS, founded in 2014 and based in Shanghai, specializes in mobile finance and credit evaluation. The company aims to create a more inclusive financial environment by utilizing big data and artificial intelligence to offer quick financial solutions to consumers, especially those who lack access to traditional banking services. With a workforce of around 23 employees, CashBUS has made strides in the fintech sector, focusing on automating credit evaluations and risk management processes. Their technology processes massive amounts of real-time data to drive accurate credit decisions, making financial services more accessible to millions in China. CashBUS has received significant funding, with a Series B round totaling $25 million in 2016, which has likely supported their growth and technological advancements.

17. Pirimid Fintech

• Website: pirimidtech.com
• Ownership type: Private
• Headquarters: Ahmedabad, Gujarat, India
• Employee distribution: India 100%
• Latest funding: $3.0M, December 2023
• Founded year: 2017
• Headcount: 51-200
• LinkedIn: pirimid-fintech-services

Pirimid Fintech, founded in 2017 and based in Ahmedabad, Gujarat, India, is a private financial technology consulting firm. With a workforce of around 57 employees, the company focuses on developing software solutions specifically for the financial services sector. Their expertise includes hedge fund management, robo advisory services, and digital lending, catering to clients such as hedge funds and banks. Pirimid Fintech is committed to enhancing operational efficiency and digital capabilities through innovative technology. They have also integrated AI and machine learning into their offerings, providing advanced solutions like predictive analytics and automated advisory services. Recently, the company secured funding of approximately $3 million in December 2023, reflecting their growth trajectory and commitment to expanding their technological capabilities.

18. GlobalTask

• Website: globaltask.net
• Ownership type: Private
• Headquarters: New York, New York, United States (USA)
• Employee distribution: Argentina 60%, United States (USA) 19%, Mexico 12%, Other 9%
• Founded year: 2006
• Headcount: 51-200
• LinkedIn: globaltask

GlobalTask, founded in 2006 and based in New York, is a private financial technology firm specializing in AI-driven solutions for the financial services industry. With a workforce of around 100 employees, the company has established itself as a key player in providing consulting, payment processing, and wealth management services. Their client base primarily consists of fintechs and banks, which seek to enhance their operations and customer experiences through advanced technology. GlobalTask's portfolio includes a range of services such as LLM implementation strategy consulting, sentiment analysis, and internal process automation. They also focus on integrating traditional banking with cryptocurrency solutions, reflecting their adaptability to market changes. The company has successfully completed numerous projects, showcasing their commitment to transforming financial services through AI innovation.

19. Kabbage, Inc

• Website: kabbage.com
• Ownership type: Corporate
• Headquarters: Atlanta, Georgia, United States (USA)
• Latest funding: $850.0M, August 2020
• Founded year: 2009
• Headcount: 201-500
• LinkedIn: kabbage-inc

Kabbage, Inc., founded in 2009 and based in Atlanta, Georgia, is a financial technology firm focused on providing unsecured loans and funding solutions primarily to small businesses. The company operates an automated lending platform that simplifies the borrowing process, allowing customers to access capital quickly and efficiently. Kabbage's technology analyzes various data points to assess the financial health of applicants, enabling faster decision-making and improved cash flow management for its users. In 2020, Kabbage secured $850 million in funding, underscoring its growth and relevance in the fintech industry. The company aims to empower small businesses by facilitating access to necessary financial resources, thereby supporting their operational needs and growth aspirations.

20. Infrasoft Technologies Ltd

• Website: infrasofttech.com
• Ownership type: Private
• Headquarters: Mumbai, Maharashtra, India
• Latest funding: $24.8M, July 2007
• Founded year: 1995
• Headcount: 1001-5000
• LinkedIn: infrasoft-technologies

Infrasoft Technologies Ltd, based in Mumbai, Maharashtra, India, is a private financial technology company founded in 1995. With a workforce of over 1,000 employees, the company has established itself as a provider of innovative digital solutions for financial institutions and governments. Their product suite includes AI-based omnichannel solutions, regulatory technology, and digital core banking services. Infrasoft Technologies serves a global clientele, helping over 500 clients across 50 countries navigate the complexities of digital transformation and compliance in the financial sector. Their commitment to quality is underscored by their CMMI Level 5 v2.0 assessment, reflecting their adherence to global best practices in service delivery.

21. AIML Analytics Solutions Pvt Ltd (OpenDataFabric)

• Website: opendatafabric.com
• Ownership type: Private
• Headquarters: Bengaluru, Karnataka, India
• Employee distribution: India 100%
• Founded year: 2019
• Headcount: 11-50
• LinkedIn: aiml-solutions

AIML Analytics Solutions Pvt Ltd, known as OpenDataFabric, is a fintech company based in Bengaluru, India, founded in 2019. The company focuses on providing AI-driven solutions specifically designed for the financial sector. Their product suite includes a Loan Management System that streamlines the loan lifecycle, from origination to servicing and collections. Additionally, they offer Konnect AI, which automates customer communications, and Konnect Bot, an AI-powered chatbot that enhances customer interaction. OpenDataFabric also provides consulting services that help financial institutions optimize their operations and improve customer engagement. Their clientele primarily consists of fintech companies and lending institutions looking to enhance their processes through innovative technology. The company operates entirely in India, with a small team dedicated to delivering quality solutions in a timely manner.

22. Kalapa

• Website: kalapa.vn
• Ownership type: Private
• Headquarters: Thành Phố Lào Cai, Lao Cai, Vietnam
• Employee distribution: Vietnam 100%
• Founded year: 2018
• Headcount: 51-200
• LinkedIn: kalapafinanceservice

Kalapa is a private fintech company based in Lào Cai, Vietnam, founded in 2018. With a team of approximately 32 employees, Kalapa focuses on providing innovative big data and artificial intelligence solutions specifically designed for financial institutions and banks. Their primary offerings include eKYC, which streamlines customer identification processes, and Fraud Score, which assesses the risk of fraudulent activities. Kalapa aims to enhance transparency in the financial market while helping clients optimize costs and reduce non-performing loans. The company has established itself as a reliable partner for banks and financial organizations seeking advanced technological solutions to improve their operations and customer service.

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