CustomerXPs is a Bengaluru-based software product company providing financial crime risk management and customer experience management solutions[buzzword] to banking institutions. Founded in 2006, the company sells its financial crime risk management software product under the brand name Clari5.[2][3][4][5] CustomerXPs is identified as one of the top 100 global regtech companies.[6]
 | |
| Industry | Software, Financial technology |
|---|---|
| Founded | 2006 |
| Headquarters | Bangalore, Karnataka, India |
Key people | Rivi Varghese (Co-founder, CEO), Aditya Lal (Co-founder, CTO), Balaji Suryanarayana (Co-founder, COO), Sandhya V. (Co-founder, CFO)[1] |
Number of employees | 210 |
History
CustomerXPs was founded in 2006 by Rivi Varghese, Aditya Lal, Balaji Suryanarayana and Sandhya V.[7] The company launched Clari5 is launched in 2012[8] and a year later received funding of $4 million from JAFCO Asia.[9] In 2014, CustomerXPs launched Clari5 sherlock to fight multichannel banking frauds with Big Data Analytics and was recognized as one of Gartner’s top vendors for online banking fraud detection.[10]
In 2017, CustomerXPs had managed 200 million accounts at a single site, which is one of the largest real-time implementations.[11]
Funding
In 2008, Sharad Hegde, former Infosys chief technology officer, became an angel investor in CustomerXPs by investing about $1 million. In January 2011, CustomerXPs raised Series A funding of $4 million from investment firm JAFCO Asia.[12][3] CustomerXPs has also received funding from Microsoft Accelerator.[13][14]