Bengaluru based personal finance solutions provider Perfios has raised $6.1m in Series A funding led by Bessemer Venture Partners. The B2C Personal Finance Management (PFM) solution provided by Perfios offers a 360 degree view of one’s personal finance in an automated way and lets an end user track, monitor and manage her finance with very little manual intervention.
Aakash Goel, Vice President at Bessemer Venture Partners India: “We think of Perfios as an embedded intelligence product that has wide applications in the fintech space. We are excited since the company can combine disparate data sources which will help it create a long-enduring moat by becoming a value-added provider to the fintech ecosystem.” Founded in 2009 by V R Govindarajan and Debasish Chakraborty Perfios is a product technology company which operates in the B2B and B2C segment. CB Insights named Perfios among the top 102 global companies in 2016. The platform enables financial institutions in real-time decisioning, analysis and credit underwriting. The company provides services such as banks statement analysis,, e-verification, financial analysis, fraud check, etc. It also provides financial data aggregation APIs which helps large institutions or fintech companies to power their personal finance or money manager applications.