Ocrolus Announces Premium Fintech Platform, Ocrolus+ at New York City Event

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Ocrolus EventLast night Ocrolus, the New York-based fintech infrastructure company that specializes in document verification and cash-flow analytics, announced its latest product, the Ocrolus+ platform from Chelsea’s Glasshouses.

Following a series of testimonies from companies such as BlueVine, OnDeck, and Enova, Ocrolus’s CEO, Sam Bobley took to the stage to run through what the new platform means for customers before thanking everyone for coming out.

Speaking to deBanked earlier that day, Bobley explained that Ocrolus+ expands upon two of the services available to customers already, its Capture and Detect products. In their ‘+’ iterations these services will now offer the ability to upload documents and connect digital data sources to them as well as utilize advanced file tampering protection via their new partnerships with Plaid and SentiLink, respectively.

Bobley asserts that the development is partly due to Ocrolus’s customers and their evolving needs. “Our growth and our success is largely driven by our customers. We’re in the fortunate position where our customers have helped us build our product road map … They challenged us to improve our platform and provide additional services. And these were two areas that seemed absolutely critical.”

“ONE THING WE’RE WORKING ON AS A COMPANY IS TO TRANSFORM FROM A COMPANY THAT ANALYZES FINANCIAL DOCUMENTS TO A COMPANY THAT PROVIDES FINTECH INFRASTRUCTURE”

And looking forward, Ocrolus plans to continue to offer advanced services through their platform, with Bobley revealing that a third product is in the works, Analytics+, which will focus on cash flow. And as well as this, the CEO and Co-founder noted that additional digital data sources may be added in the long term.

“One thing we’re working on as a company is to transform from a company that analyzes financial documents to a company that provides fintech infrastructure, end-to-end fintech infrastructure, so by bolstering up our fraud detection capabilities and also including the ability to connect to bank accounts for confirmatory and ongoing monitoring, we’ve been able to solve additional problems that our customers are asking for.”

Last modified: December 13, 2019
Brendan Garrett

Category: Fintech


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