{"id":106986,"title":"Rapidfolio - AI Platform for Compliance, Operations, Risk \u0026 Fraud for Fintechs and Banks 🏦","tagline":"AI for banks and fintechs","body":"Hi everyone 👋\\\nWe're [Naveen](https://www.linkedin.com/in/naveen-qureshi) \u0026amp; [Frederik](https://www.linkedin.com/in/frederik-vanhevel/), fintech founders and operators building [Rapidfolio](https://rapidfolio.com/).\\\n\\\n**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).\\\n\\\n**Video:**\\\n\u003chttps://www.youtube.com/watch?v=0UBIfRhNh08\u003e\n\n\\\n**Our Ask:**\\\n**If you are a founder or operator at a fintech** **or bank** **who**\\\ni) has a pressing need to automate manual tasks due to high volume and/or,\\\nii) needs to decrease the amount you spend annually on back-office staff or\\\niii) you simply want to build solid automation to decrease human error\\\nReach out directly: [founders@rapidfolio.com](mailto:founders@rapidfolio.com) or book a demo: \u003chttps://cal.com/naveen-qureshi/demo\u003e\n\n**——————-**\n\n**The Problem** \n\nFintechs 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. \n\nFrederik and I lived this problem firsthand. **We started Rapidfolio because we wished it existed when we were running Sable (S19)!**\n\n**Our Solution** \n\nRapidfolio 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:\n\n**1. Convert your existing procedure** into deterministic, automated, workflows in minutes.\n\n![uploaded image](/media/?type=post\u0026id=106986\u0026key=user_uploads/334623/8df4940f-c6ec-41e1-a6a5-4ccd6476667b)\n\n**2.** We generate dozens of **test cases**, including edge cases, and fully test the workflow.\n\n![uploaded image](/media/?type=post\u0026id=106986\u0026key=user_uploads/334623/940aa8f9-9728-47ef-9a5c-81648c0b28b8)\n\n**3.** Once tested, you can **trigger the workflow** to run it in whichever way you prefer - be it API, our scheduler, a JIRA ticket.\n\n![uploaded image](/media/?type=post\u0026id=106986\u0026key=user_uploads/334623/2ee48bae-3d66-487c-9e70-9ab859eb0b02)\n\n**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.\n\nRapidfolio 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.\n\nWe are SOC 2 compliant, and are **live with customers across the U.S. and Canada.**\n\n\\\n**The Team:**\n\n**Naveen Qureshi:** CEO and co-founder, Rapidfolio\\\nPreviously was co-founder \u0026amp; CEO of Sable (S19) that I built, scaled and sold. After Sable’s exit, I built and launched additional credit products with [Seen.com](http://Seen.com). Ex Capital One, Amazon, Target. Columbia Business School.\\\n\\\n**Frederik Vanhevel:** CTO and co-founder, Rapidfolio\\\nPreviously 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.\\\n\\\nReach out directly: [founders@rapidfolio.com](mailto:founders@rapidfolio.com) or book a demo: \u003chttps://cal.com/naveen-qureshi/demo\u003e\n\n![uploaded image](/media/?type=post\u0026id=106986\u0026key=user_uploads/334623/a7390ea6-c745-4d74-9505-8a42ee86603c)\n\n","slug":"Rpa-rapidfolio-ai-platform-for-compliance-operations-risk-fraud-for-fintechs-and-banks","created_at":"2026-07-23T18:42:29.801Z","updated_at":"2026-09-18T19:25:20.742Z","total_vote_count":28,"url":"https://www.ycombinator.com/launches/Rpa-rapidfolio-ai-platform-for-compliance-operations-risk-fraud-for-fintechs-and-banks","share_image_url":"https://www.ycombinator.com/media/?type=post\u0026id=106986\u0026key=user_uploads/334623/a7390ea6-c745-4d74-9505-8a42ee86603c","company":{"id":31161,"name":"Rapidfolio","slug":"rapidfolio","url":"https://rapidfolio.com/","logo":"https://bookface-images.s3.amazonaws.com/small_logos/03c9e049e23bc7dcc8df7c9c46fd48f3e74846af.png","batch":"Summer 2026","industry":"B2B","tags":["Artificial Intelligence","Fintech","SaaS","Enterprise","Automation"],"search_path":"https://bookface.ycombinator.com/company/31161"}}