CustomerXPs

Last updated

CustomerXPs Software Pvt. Ltd.
IndustrySoftware, Financial technology
Founded2006
Headquarters Bangalore, Karnataka, India
Key people
Rivi Varghese (Co-founder, CEO), Aditya Lal (Co-founder, CTO), Balaji Suryanarayana (Co-founder, COO), Sandhya V. (Co-founder, CFO) [1]
Number of employees
210

CustomerXPs is a Bengaluru-based software product company providing financial crime risk management and customer experience management solutions[ buzzword ] to banking institutions. Founded in 2006, the company sells its financial crime risk management software product under the brand name Clari5. [2] [3] [4] [5] CustomerXPs is identified as one of the top 100 global regtech companies. [6]

Contents

History

CustomerXPs was founded in 2006 by Rivi Varghese, Aditya Lal, Balaji Suryanarayana and Sandhya V. [7] The company launched Clari5 is launched in 2012 [8] and a year later received funding of $4 million from JAFCO Asia. [9] In 2014, CustomerXPs launched Clari5 sherlock to fight multichannel banking frauds with Big Data Analytics and was recognized as one of Gartner's top vendors for online banking fraud detection. [10]

In 2017, CustomerXPs had managed 200 million accounts at a single site, which is one of the largest real-time implementations. [11]

Funding

In 2008, Sharad Hegde, former Infosys chief technology officer, became an angel investor in CustomerXPs by investing about $1 million. In January 2011, CustomerXPs raised Series A funding of $4 million from investment firm JAFCO Asia. [12] [3] CustomerXPs has also received funding from Microsoft Accelerator. [13] [14]

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References

  1. ↑ "How startups like RedBus, India Homes, Zovi & CustomerXPs gained from some of India's best-known mentorst". The Economic Times .
  2. ↑ "Best fraud detection product: Clari5 – Risk.net". Risk.net. 4 July 2016. Retrieved 6 November 2017.
  3. 1 2 "Breaking the silos – SmartCEO". smartceo.co. Retrieved 6 November 2017.
  4. ↑ "CustomerXPs recognized by Chartis as an Enterprise Solution player in the 2016 RiskTech Quadrant for Enterprise Fraud Technology" . Retrieved 6 November 2017.
  5. ↑ Vishwanathan, Vivina (14 June 2016). "A beating heart for faster money access". livemint.com. Retrieved 6 November 2017.
  6. ↑ "India's CustomerXPs, IDfy among the Top 100 Global Regtech Companies for 2020". Moneycontrol. Retrieved 21 March 2020.
  7. ↑ "India's CustomerXPs, IDfy Among The Top 100 Global Regtech Companies For 2020". Moneycontrol. Retrieved 9 December 2021.
  8. ↑ "CustomerXPs Earns Gartner's 2012 "Cool Vendor" in Marketing". Clari5. 10 May 2017. Retrieved 9 December 2021.
  9. ↑ "CustomerXPs raises $4m from Jafco Asia in Series A funding". Reuters. 15 June 2011. Retrieved 9 December 2021.
  10. ↑ "ThreatMark Listed as a Representative Vendor in Gartner's Market Guide for Online Fraud Detection | ThreatMark" . Retrieved 9 December 2021.
  11. ↑ Chawla, Vishal (11 September 2020). "The Top Fraud Analytics Startups in India". Analytics India Magazine. Retrieved 9 December 2021.
  12. ↑ "CustomerXPs a software with a human touch". The Economic Times. 12 September 2011. Retrieved 6 November 2017.
  13. ↑ "Microsoft and Wipro to help startups grow business". Techcircle.in – India startups, internet, mobile, e-commerce, software, online businesses, technology, venture capital, angel, seed funding. 7 December 2016. Retrieved 6 November 2017.
  14. ↑ Abrar, Peerzada (26 August 2017). "Microsoft eyes late-stage startups in India". The Hindu. ISSN   0971-751X . Retrieved 6 November 2017.


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