Accend
ActiveHiringAI agents for commercial underwriting at banks and fintechs
About
Accend helps commercial banks and fintechs underwrite business customers faster, win more deals and increase revenue. We provide an end-to-end platform to automate document intake, financial statement / tax spreading, cash flow modeling, credit memos and portfolio management, with audit-ready AI and human-in-the-loop accuracy. Companies like Corpay, Brex, Rippling, Rho, Column, Settle, and many others have reduced application processing time by 80% with Accend, significantly enhancing their credit underwriting efficiency Before starting Accend, the founders led Product & Engineering on the Risk team at Brex as well as at Deutsche Bank and Credit Suisse so they have firsthand experienced issues with operational efficiency in credit/underwriting teams. Accend has raised a $3.2M seed round from Y Combinator, Adverb Ventures, General Catalyst and 645 Ventures.
Founders
Pranjal Daga· FounderCurrently, Cofounder of Accend. Previously, I led Product for AI initiatives, particularly in Risk at Brex. Before that, I dropped out of my PhD in AI/ML at Purdue University to help set up Cisco Innovation Labs where I grew the team from 1 to 35 in 4 years.
Yutong Pei· FounderYutong Pei was most recently the Engineering Manager on the Fraud Risk team at Brex where he built the Disputes service, worked on fraud controls by managing engineers and data scientists. Previously, he has led Fraud Engineering and Security for IoTeX, Uber and Amazon.
Joseph Zhou· FounderI'm one of the Co-Founders of Accend. Previously, I served as the CFO of a mobile gaming startup with a 50M ARR. I established the company’s operation in Europe and scaled the team from 0 to 80 members.
Product launches · 4 launches
AI Infrastructure for End-to-End Credit Underwriting in Commercial Banks
Accend helps banks and fintechs collect, spread and analyze financial data for faster and more accurate underwriting using human-in-the-loop AI agents
Human-in-the-loop AI Agents for Financial Statement Analysis
Improve Ops Efficiency & Quality + Excel in Compliance with Accend