Fego.ai, a Chennai-based open-finance startup and a TSP (Technology Service Provider) catering to the needs of Banks, Lenders, Fintechs, and other players in the financial ecosystem, has announced that it is part of Perfios, India’s leading B2B SaaS Fintech, Perfios.
Founded by the brothers S. Kumar Srivatsan and S. Kumar Srikanthan seven years ago, Fego.ai has been a driving force in the fintech industry. Their previous ventures, OptaCredit (Digital Lending + EWA Fintech) and Fego.ai (Open-Finance + Lending Infra), have contributed significantly to the sector. Both founders have also played pivotal roles in organizations such as Sahamati’s TSP Steering Committee and DLAI’s (Digital Lenders Association of India) Management Committee.
S. Kumar Srivatsan, the Co-Founder of Fego.ai, commented on the initiative, stating, “Team Fego.ai is delighted to be a part of Perfios Family and with the depth of their product offerings across varied Financial Institutions throughout the globe, we are confident that our capabilities will complement Perfios's expertise. As we like to believe, access to the right finance at the right time is a fundamental right and we are all excited to work towards it.”
Speaking on the collaboration, Ramgopal Subramani, Chief Strategy Officer, Perfios, commented, “Both Kumar Srivatsan and Kumar Srikanthan have been pioneering some exciting work on open-finance in India, and we are elated to have the team at Perfios. I wish them the very best, as they join us in our exciting journey.”
Sonal Saldanha, VP, 3one4 Capital, said, “We are happy to see the Fego team join forces with Perfios to carry their mission to build personalized and contextual financial journeys forward. We wish them the very best.”
