Tag: Perfios

Bengaluru-based fintech Perfios on Thursday announced that it has ‘acquihired’ Chennai-based open finance platform Fego.ai for an undisclosed amount. By definition, acquihire refers to the process of buying a company for the skills or knowledge of its human resources as opposed to for its products or solutions. Founded by S Kumar Srivatsan and S Kumar Srikanthan in 2020, Fego.ai is an open-finance startup and a technology service provider that enables financial institutions to gather behavioural financial insights about their users based on their banking transactions. The start-up serves banks,...