Richie AI
Richie AI provides embedded lending infrastructure for SaaS platforms, marketplaces, and payment processors, enabling them to offer business lending programs to their merchants. Their solution integrates seamlessly, allowing platforms to launch a lending program in as little as an hour. Key features include loan application forms, an application management system, a private-labeled merchant portal, access to a network of lenders and various loan products. Richie AI aims to help businesses connect with their merchants on a deeper level by facilitating financial growth, thereby increasing revenue and enhancing reputation. They also emphasize ease of use and a smooth experience for both the platform and the end merchant. The company is mission-driven, focusing on supporting businesses owned by marginalized communities. Richie AI offers flexible integration options, including no-code, some-code widgets, and full API solutions, making it adaptable to various platform needs. They have served over 100 platforms, 109 lenders, and 40,000 loan applicants.
Richie AI
Richie AI provides embedded lending infrastructure for SaaS platforms, marketplaces, and payment processors, enabling them to offer business lending programs to their merchants. Their solution integrates seamlessly, allowing platforms to launch a lending program in as little as an hour. Key features include loan application forms, an application management system, a private-labeled merchant portal, access to a network of lenders and various loan products. Richie AI aims to help businesses connect with their merchants on a deeper level by facilitating financial growth, thereby increasing revenue and enhancing reputation. They also emphasize ease of use and a smooth experience for both the platform and the end merchant. The company is mission-driven, focusing on supporting businesses owned by marginalized communities. Richie AI offers flexible integration options, including no-code, some-code widgets, and full API solutions, making it adaptable to various platform needs. They have served over 100 platforms, 109 lenders, and 40,000 loan applicants.
TL;DR
Product: Embedded lending infrastructure for SaaS platforms, marketplaces, payment processors and brokers
Customers / Scale: Claims integration with 100+ platforms, 109+ lenders and 40,000+ loan applicants
Founder: Ermek Rysbek uulu
Founded / HQ: Started in 2019; based in New York
Team size: Approximately 16 employees
Company Overview
Problem Domain
Embedded small-business lending and merchant financing for platform ecosystems.
Founded
2019
Industry
Fintech
Funding Track Record
160000.00
Last funding date listed as 2021-04-01; public profiles indicate multiple funding rounds with some details obfuscated.
Investor Signal
“Josh Brant named as a lead investor on public profiles”