![[Accend Co-Founders Joseph Zhou, Pranjal Daga, and Yutong Pei (L-R)]](https://www.finsmes.com/wp-content/uploads/2024/07/accend.jpg)
Accend, a NYC-based company helping fintechs and banks accelerate business customers’ onboarding process, raised $3.2M in Seed funding.
The round was led by Adverb Ventures with participation from Y Combinator, General Catalyst, 645 Ventures, and angels from Brex, Stripe, and Carta.
The company intends to use the funds to expand operations and its development efforts
Co-founded by Joseph Zhou, Pranjal Daga and Yutong Pei, Accend enables fintechs and banks to accelerate business customers’ onboarding process by automatically conducting extensive research into a business’s product, services, beneficial owners and more, gaining insights into industry risks using a highly customizable AI model trained on their risk appetite, and extracting data from financial documents efficiently.
The company serves customers in US and Europe including Slope, Pleo, Pliant, and more.
FinSMEs
09/07/2024