Parcha

Parcha is an AI-powered compliance platform focused on accelerating financial innovation. They offer a suite of tools that leverage cutting-edge AI to streamline and automate Know Your Business (KYB) and Know Your Customer (KYC) reviews for banks and fintechs. Their mission is to eliminate manual bottlenecks and empower businesses to scale faster and more efficiently by reducing review times by up to 90%, avoiding false-positives and enabling faster customer onboarding.

Parcha's team consists of builders from leading companies like Brex, Coinbase, Google, and others, and they are backed by prestigious investors like Kindred Ventures and Initialized Capital. Their platform is built with enterprise-grade security and privacy, featuring SOC 2 Type 2 compliance and the ability to deploy on-premises with a dedicated instance for each customer. They offer a unique KYB-tailored AI solution that enables companies to scale their compliance processes without the need to hire a large team.

Parcha provides information about its career opportunities but does not specify job flexibility options on their website. NONE

Parcha's mission is to accelerate financial innovation by empowering cutting-edge banks and fintechs to onboard more customers faster with stronger compliance. They achieve this by building AI-powered compliance tools that automate manual workflows, making the process ten times faster and cheaper than traditional methods. Parcha aims to eliminate compliance bottlenecks and allow financial innovators to reach a wider audience with their products and services.

Parcha promotes a culture of innovation and efficiency, driven by a desire to accelerate financial progress. They value collaboration and cross-functional teamwork, with a strong emphasis on data-driven decision-making. The company is also committed to building a secure and trustworthy environment for its customers, reflected in their SOC 2 Type 2 certification and focus on data privacy.