Klavi develops an open finance platform that utilizes data aggregation and analytics to enhance credit risk assessment, onboarding, and personalized financial offerings. By providing over 97% accuracy in data categorization, Klavi enables businesses to increase credit approval rates by 15% and reduce operational costs by 20%.
Funding
$31.6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
IVPVFounders
Product
Problem
Traditional methods of assessing credit risk and onboarding customers in the financial sector often rely on incomplete or inaccurate data, leading to suboptimal decisions. Inefficient data categorization and analysis can result in increased operational costs and missed opportunities for personalized financial offerings.
Solution
Klavi provides a data intelligence platform that leverages data aggregation and analytics to improve credit risk assessment, customer onboarding, and personalized financial product offerings. The platform categorizes transaction data with high accuracy, enabling businesses to make more informed decisions based on comprehensive customer behavior insights. By using Klavi's solutions, companies can streamline their onboarding processes, reduce operational expenses, and increase credit approval rates. The platform's intelligence helps businesses understand customer spending habits and income, allowing them to tailor offers to individual profiles.
Target Audience
Klavi's primary customers are businesses in the financial sector, including banks, fintech companies, and credit providers, seeking to enhance their credit risk assessment, onboarding processes, and personalized financial offerings.
Features
- Data categorization with over 97% accuracy
- Open Finance platform with easy SaaS integration
- Secure data infrastructure hosted on AWS Brazil with multiple security mechanisms
- Compliance with LGPD and Lei do Sigilo Bancário
- Advanced encryption using RSA for sensitive data
- API communication via mTLS and other secure protocols
- ISO 27001:2022 certification for information security management
- API documentation to facilitate integration