CorgiAI
About CorgiAI
CorgiAI provides AI-driven payment fraud prevention software that integrates with platforms like Stripe and Adyen to analyze transaction data and identify fraudulent activities. The solution reduces false declines and enhances revenue for merchants by automating fraud detection and payment optimization.
```xml <problem> Online merchants face challenges in accurately identifying and preventing fraudulent payment transactions, leading to financial losses from chargebacks and customer dissatisfaction due to false declines. Existing fraud detection systems often lack the sophistication to adapt to evolving fraud tactics, resulting in missed fraudulent activities and unnecessary blocking of legitimate transactions. </problem> <solution> CorgiAI provides an AI-powered payment intelligence platform that integrates with payment gateways like Stripe and Adyen to optimize payment processing and prevent fraud. The platform analyzes transaction data in real-time, leveraging machine learning algorithms to identify patterns indicative of fraudulent activity while minimizing false positives. By automating fraud detection and payment optimization, CorgiAI helps merchants reduce chargeback rates, increase revenue by decreasing false declines, and gain comprehensive insights into their payment ecosystem. The system offers a plug-and-play setup, explainable AI for transparency, centralized analytics dashboards, and customizable fraud monitoring and alert systems. </solution> <features> - Real-time fraud detection using AI and machine learning algorithms - Automated payment optimization to reduce false declines and increase conversion rates - Integration with Stripe and Adyen payment gateways - Centralized analytics dashboard for monitoring payment performance and fraud trends - Customizable fraud monitoring and alert system - Explainable AI to understand the reasoning behind fraud detection decisions - Weekly summary reports on payment and fraud metrics </features> <target_audience> CorgiAI targets e-commerce businesses, online delivery services, digital banking platforms, gaming companies, and social media networks that process online payments and require robust fraud prevention and payment optimization solutions. </target_audience> <revenue_model> CorgiAI offers tiered subscription plans: Startup at $99/month, Pro at $399/month, and Enterprise at $1299/month, with custom pricing available for larger businesses. Automated payment optimization and fraud prevention are offered with a performance-based pricing model of ¢5 per transaction only if chargeback rates are reduced by 10%. </revenue_model> ```
What does CorgiAI do?
CorgiAI provides AI-driven payment fraud prevention software that integrates with platforms like Stripe and Adyen to analyze transaction data and identify fraudulent activities. The solution reduces false declines and enhances revenue for merchants by automating fraud detection and payment optimization.
Where is CorgiAI located?
CorgiAI is based in Singapore, Singapore.
When was CorgiAI founded?
CorgiAI was founded in 2022.
How much funding has CorgiAI raised?
CorgiAI has raised 500000.
Who founded CorgiAI?
CorgiAI was founded by Saif Farooqui.
- Saif Farooqui - Founder/CEO
- Location
- Singapore, Singapore
- Founded
- 2022
- Funding
- 500000
- Employees
- 5 employees
- Major Investors
- Y Combinator, Epic Angels, Huawei's Spark Incubator