Signzy, a market-leading platform that is redefining the speed, accuracy, and experience Difenz, A Real Time Multi-Analytical Fraud Risk Management System, powered by AI, ML & emerging technologies.
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Signzy claims that the acquisition will assist them in their AI-Play. The firm will now be able to provide banking institutions AI-driven Know Your Customer (KYC) compliance solutions.
“We are delighted to welcome Difenz to the Signzy family. This will help us provide solutions to our customers that seamlessly integrate with our current KYC onboarding systems,” said Ankit Ratan, CEO & cofounder, Signzy.
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“We invested in Difenz due to our confidence in their innovative product in compliance and fraud risk management, which was rare in an industry dominated by old incumbents,” Vikram Chachra, founding partner at 8i Ventures, said.
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About Signzy
Founded in 2015, Signzy is a market-leading platform that is redefining the speed, accuracy, and experience of how financial institutions are onboarding customers and businesses – using the digital medium. The company’s award-winning no-code GO platform delivers seamless, end-to-end, and multi-channel onboarding journeys while offering totally customizable workflows.
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About Difenz
Founded in 2020, Difenz Provides Real Time Multi Analytical Risk Management Solutions using AI, ML, RPA, NLP, CV and Big Data Technologies. Difenz Supports the Enterprises in reducing False Declines and Revenue Leakage by providing auto decision making making micro level risk trigger based on boarding solutions, monitoring solutions and dispute management solutions, which further leads to manual intervention and less operational cost for the Enterprises.
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