SOKRATECH
By SOKRATECHFraud is rising fast, payments are getting even more complicated and regulations are getting stricter. But most banks still rely on legacy systems that are slow, rigid, and require engineers to update. Sokratech is a AI-powered no-code risk platform that help risk teams deploy, test and adapt risk rules in minutes, without engineers. An embedded copilot detect anomalies, automates reviews, and suggest rules in real-time, prevent financial crime end-to-end and help financial institutions stay compliant.
- Stage
- In pilot
- Industries
- Banking and finance
- Deployment
- Hybrid
Why it is worth it
1. End to end platform instead of single point solutions - Unified platform spans onboarding, fraud, credit risk, and AML 2. No-code with AI native - Analysts ship, test, and tune rules in minutes without engineers 3. Local Compliance then Global - Support full on-prem or in-country deployment with data-residency and ISO 27001.
- Rising fraud losses & false positives → Monitor and prevent transactions fraud in real time.
- Regulatory pressure (MAS, FATF, etc.) → instant audit trails, explainable AI, local data residency.
- Engineering bottlenecks → no-code platform removes constant DevOps dependency, freeing dev time for core product work.
Opening the deck…
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Best customer profile
- Neobanks, tier 2/3 banks and regulated fintechs processing ≥10 M transactions/month
- E-wallets, Crypto, payment gateways, BNPL/lending apps expanding across Southeast Asia
- Teams with ≤10 risk analysts but limited engineering bandwidth, looking for real-time fraud, AML, or credit-risk automation without a heavy rebuild.
Notable paying customers
- Ongoing PoC now
Pre-seed round closed – US $225 k (Iterative VC, S24) ISO 27001:2022 certification Currently ongoing PoC with 2 digital banks no-code workflow builder live in sandbox