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Croudify: Utilizing Machine Learning And AI To Maximize Gains On P2P Lending Platforms

Croudify: Utilizing Machine Learning And AI To Maximize Gains On P2P Lending Platforms

It's almost that time of year.

The 2017 Benzinga Global Fintech Awards is a competition to showcase the companies with the most impressive technology that are paving the future in financial services and capital markets.

To get you prepared for this year's awards, Benzinga will profile each fintech company that has applied. Want to get involved? Submit your company here.

For this installment, we spoke with Abhishek Agarwal, CEO and founder of Croudify (answers have been edited for length and clarity).


What does your company do? What unique problem does it solve?

Croudify utilizes machine learning and artificial intelligence to maximize investment gains on P2P and crowd lending platforms like LendingClub Corp (NYSE: LC).

Proprietary Product Suite Includes:

  • Real-time loan ratings engine (industry first).
  • Cross-platform loan aggregation view (industry first).
  • Goal advisor (industry first).
  • Tax efficient Investing (coming soon): Our tax planning tool allows you to do tax efficient investing thus adding a net return of 1–2 percent.

Who are your customers?

We have customers varying with banks, hedge funds to retail customers.

How long have you been in business?

We launched our ratings and trading platform in November and our high-frequency trading engine in January.

Where are you located?

We are located in Fremont, California (SF Bay Area).

Related Link: MackeyRMS: SaaS Management Software Aggregating Research Content

Who is your company's leadership? What kind of experience do they have?

  • Abhishek Agarwal (CEO, Founder): At Croudify, Agarwal is responsible for product development, business development and model development. Agarwal has nearly 15 years of product and finance experience building his career at Montgomery Securities, Bank of America Corp (NYSE: BAC) and Bank of America Merrill Lynch. Agarwal was instrumental in building first comprehensive operational risk modeling and collection framework at Bank of America. He also played a key role in cleaning up the distressed RMBS portfolio from Countrywide and Merrill Lynch.
  • Agarwal holds an MBA from the Wharton School and is a CFA charter holder. He is also a certified financial risk manager and has an engineering degree from IIT.

  • Mauricio Santana (Head Data Science, Founder): Santana is the main source of all the models and ratings that we rely on to provide superior returns. He has nearly 15 years of analytics and finance experience building his career at Merrill Lynch and Bank of America. He holds an MS in economics from the London School of Economics and MS in finance from Carnegie Mellon University.
  • Vijay Gajula (Head Technology, Founder): Gajula is the main champion of our vast cloud platform and for building cool apps. He has nearly 15 years of cloud and security experience, building his career at Cloudgenix, Mobileiron Inc (NASDAQ: MOBL), Citrix Systems, Inc. (NASDAQ: CTXS) and Dell. He holds a CISSP certified and a cyber security master.
  • Is there anything else Benzinga should know about your company?

    We at Croudify are building an ecosystem to make investing in fintech assets comparable to investing in corporate bonds. We hope with our tools we can help to make this asset class bigger than corporate bonds.

    If you’re looking for cool fintech startups and access to top financial institutions, and are sick of attending stuffy corporate conferences, the Benzinga Global Fintech Awards is the event for you. From its first year in 2015, the competition grew to over 250 applicants and over 500 attendees in 2016.

    Connect with us on social media — use the hashtag #BZAwards and #Fintech to spread the word!
    Image Credit: Screenshot from Croudify


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