Kapitus is a digital lender that has provided over $2bn in funding to 40,000 businesses across the US. Ocrolus replaced the Kapitus manual data entry with AI-based computer vision to extract and analyze data from bank statements.
“Now we process over 90 percent of our applications within 30 minutes. Processing applications within that time frame is definitely a remarkable achievement, and we were the first in the industry to do it. That was only made possible with Ocrolus.” - Arun Narayan, Chief Product Officer, Kapitus