Full-Time
Posted on 10/3/2024
AI-powered onboarding and compliance platform
$175k - $225k/yr
San Francisco, CA, USA
In Person
Relocation assistance available to relocate to San Francisco.
Parcha provides AI-powered onboarding and compliance solutions for banks and fintechs, focusing on document verification, risk management, and compliance. Its products use AI with real-time document remediation, high-risk industry screening, and business ownership verification to speed onboarding while enforcing controls. Parcha differentiates itself by combining real-time remediation with diverse risk data from open-source intelligence and proprietary databases, offered via subscription-based or customized services. Its goal is to help financial institutions onboard customers quickly without compromising risk management and regulatory compliance.
Company Size
11-50
Company Stage
Seed
Total Funding
$5M
Headquarters
San Francisco, California
Founded
2020
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Health Insurance
Dental Insurance
Vision Insurance
Unlimited Paid Time Off
Stock Options
Relocation Assistance
Professional Development Budget
Over the past two years, Parcha Labs, Inc. has partnered closely with leading fintech and crypto companies - including Airwallex, Flutterwave, Pipe, Bridge, and one of the world's leading cryptocurrency exchanges - to build and deploy AI agents specifically designed for their compliance workflows.
Parcha AI, an AI-powered code generation platform, has recently introduced AI Office on GitHub.
Along with the funding, Treasure Financial has also launched a new product, the Treasure API, which will enable companies to embed Treasure's technology into their own products.
Parcha announces $5M seed funding from Kindred Ventures and Initialized Capital