bengaluru, india, February 20, 2026 /PRNewswire/ — Perfios.ai, India’s leading B2B SaaS TechFin, today announced the launch of KScan AI. KScan AI is an innovative artificial intelligence-powered platform for fast, contextual KYC (Know Your Customer), KYB (Know Your Business), and extensive corporate and personal due diligence. It is an intelligence infrastructure layer purpose-built to automate discovery, risk assessment, and compliance for MSMEs.
KScan AI empowers the banking, financial services and insurance (BFSI) sector to leverage AI to gain a deep understanding of all stakeholders when making decisions related to onboarding, underwriting, GTM optimization, and risk assessment. It specifically targets the vast network of small and medium enterprises (MSMEs) in India. The platform provides unparalleled access to data from over 30 million Indian businesses and uses cutting-edge AI to transform complex information into actionable insights.
While India’s MSME sector is an important economic driver, fragmented data and complex business structures pose major hurdles for lending institutions to conduct accurate risk and credit assessments. KScan AI directly addresses these challenges and provides the BFSI sector with the only platform of its kind that aggregates data from over 900 different official sources, providing an unparalleled comprehensive view of India’s business environment.
The gross non-performing assets (NPA) ratio of MSME loans has improved, coming down to 3.6% by March 2025 from 4.5% in March 2024. This is a positive indicator for the lending industry, and the application of KScan will enable lenders to conduct faster due diligence and make more loans with lower risk.
Initial pilot testing of KScan AI demonstrated significant operational improvements and risk mitigation capabilities for banks and non-banking financial companies (NBFCs).
- Enhanced lead generation: Pilot participants reported generating more than 10x more MSME loan leads while reducing customer acquisition costs by up to five times.
- Streamlined due diligence: KScan AI facilitated approximately 180,000 due diligence cases in one year, allowing financial institutions to confidently lend to the right businesses and individuals.
- Robust risk screening: Within a year, the platform conducted 200,000 litigation checks and 6 million sanctions checks, significantly increasing efforts to curb anti-money laundering activities.
“Our mission has always been to simplify and enhance financial decision-making through cutting-edge, data-driven innovation. KScan AI represents a breakthrough in the way financial institutions engage with and understand India’s 30+ million MSME ecosystem.. By leveraging the power of cutting-edge AI and an unparalleled data lake, we don’t just deliver data. We provide actionable intelligence that drives smarter lending decisions.” said B Krishna Chaitanya, Chief Product Officer, Perfios.
KScan AI is built on the robust KScan data lake exposed through Perfios’ Model Context Protocol (MCP) tool. This architecture ensures that AI agent responses remain grounded and accurate, while also providing unparalleled flexibility for users to configure their own agents or integrate custom models according to specific policy requirements.
About Perfios:
Founded in 2008, Perfios is a global B2B SaaS company serving the banking, financial services, and insurance industries in 18 countries and powers over 1,000 financial institutions. Through its pioneering software platform and products, Perfios helps financial institutions take the leap forward by shaping their origination, onboarding, decision-making, underwriting and monitoring processes at scale and speed. Perfios provides banks and financial institutions with 8.2 billion data points each year to facilitate faster decision-making and significantly accelerate customers’ access to credit and financial services. Headquartered in Bangalore, with offices around the world, over 75 products and platforms, and over 500 APIs, Perfios’ clients have a robust start-to-finish technology platform they can be confident in.
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