Hi everyone 👋
We're Naveen & Frederik, fintech founders and operators building Rapidfolio.

TL;DR: Rapidfolio automates the most complex manual compliance, operations, and fraud processes that analysts perform at fintechs and banks today. We do this with 100% accuracy, speed, and auditability. We are previous founders and operators in fintech, and created Rapidfolio because we wished it existed when we were running Sable (S19).

Video:
https://www.youtube.com/watch?v=0UBIfRhNh08

Our Ask:
If you are a founder or operator at a fintech or bank who
i) has a pressing need to automate manual tasks due to high volume and/or,
ii) needs to decrease the amount you spend annually on back-office staff or
iii) you simply want to build solid automation to decrease human error
Reach out directly: founders@rapidfolio.com or book a demo: https://cal.com/naveen-qureshi/demo

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The Problem 

Fintechs and banks spend up to 30% of their revenue on operations, compliance, risk and fraud back-office staff. The back-office performs manual processes like KYC and KYB reviews, OFAC/sanctions/watchlist reviews, fraud investigations, disputes and chargebacks, mortgage and loan underwriting, and sometimes even manual data input workflows, among others. The back-office scales as a function of the number of accounts held at the fintech/bank and quickly becomes extremely costly, time consuming, and error prone. 

Frederik and I lived this problem firsthand. We started Rapidfolio because we wished it existed when we were running Sable (S19)!

Our Solution 

Rapidfolio turns manual compliance, operations, risk and fraud processes into accurate, auditable, and automated flows. We’re running at 100% accuracy in production. We provide the end to end platform and services to:

1. Convert your existing procedure into deterministic, automated, workflows in minutes.

2. We generate dozens of test cases, including edge cases, and fully test the workflow.

3. Once tested, you can trigger the workflow to run it in whichever way you prefer - be it API, our scheduler, a JIRA ticket.

4. You have full visibility and control: all workflows are version controlled, and each action is auditable and traceable. You can include humans-in-the-loop where needed. All analytics live directly in your dashboard.

Rapidfolio provides “innate abilities” like automated web browsing, document reading/analysis, comprehensive summaries, human-level judgment, to name a few. Additionally, Rapidfolio integrates easily into your existing tech stack. We have built-in integrations with leadings operations, compliance and fraud vendors in the financial services industry.

We are SOC 2 compliant, and are live with customers across the U.S. and Canada.

The Team:

Naveen Qureshi: CEO and co-founder, Rapidfolio
Previously was co-founder & CEO of Sable (S19) that I built, scaled and sold. After Sable’s exit, I built and launched additional credit products with Seen.com. Ex Capital One, Amazon, Target. Columbia Business School.

Frederik Vanhevel: CTO and co-founder, Rapidfolio
Previously built the entire banking stack for two fintechs from scratch. First, as founding engineer at Sable (S19), where he shipped the entire banking stack in a record 3 months, pre-AI. And after Sable’s exit, with Seen.com. Fred also built internal tools for back-office staff at both fintechs, and is passionate about automating the more tedious workflows with Rapidfolio.

Reach out directly: founders@rapidfolio.com or book a demo: https://cal.com/naveen-qureshi/demo