Thanks to FinTech Connect for giving us opportunity to showcase our cutting-edge solution for speeding up onboarding and KYB in London on December 4-5. Looking forward to see potential customers and partners! Deniss Skokovs, Roman Zilber
Intrepid Fox
IT Services and IT Consulting
KYB 10x faster for banks and fintechs. We leverage GenAI to automate document collection, saving you 50% of costs.
About us
We automate manual document collection needed for the transaction review and complete it in minutes, instead of days. We help to collect information on UBO, corporate structure, nature of business, operational address and more. We do it 10x faster and more accurate than in manual processes. Solution works for onboarding and transaction monitoring for business customers, partners, merchants etc.
- Website
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https://www.intrepidfox.tech/
External link for Intrepid Fox
- Industry
- IT Services and IT Consulting
- Company size
- 2-10 employees
- Headquarters
- London
- Type
- Privately Held
- Founded
- 2023
Locations
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Primary
London, GB
Employees at Intrepid Fox
Updates
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How many languages does your onboarding team speak? 🌍 Language barriers slow down processes, but with AI-powered language models, that’s quickly changing. 😎 Advanced LLMs can read, understand, and process documents in nearly every human language, ensuring no details are lost in translation. 🚀 Compliance tasks that previously took days or weeks can now be completed in seconds, enabling faster onboarding and a smoother client experience. 🤖 AI reduces the risk of errors from manual translation, providing a reliable solution for handling documents across various languages. At Intrepid Fox, our Smart Document Collection system has already processed documents in over 30 languages, from Arabic and Chinese to Hebrew and Hungarian. These capabilities allow us to streamline global compliance for our clients, saving them time and resources. The future of compliance is multilingual, and we’re proud to be at the forefront of this transformation. DM our team - Deniss Skokovs, Roman Zilber for more info! #AI #Compliance #GenerativeAI
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There's a lot of discussion about how to make AI useful. We’re excited to get practical here!
Takeaways from yesterday's Yuval Noah Harari’s new book presentation at the London Palladium: • 😱 AI is the first tech making decisions for us. Scary thought! • 😈 Beware of emotional bonds with AI. Unlike people, it gives us 100% attention. • 🤔 AI should not impersonate people. Regulation is key. • 🤓 Stay Curious: AI evolves fast. Be ready to adapt. Now, back to AI work at Intrepid Fox—building tools that: ✅ Let humans make decisions ✅ Don’t impersonate people ✅ Avoid emotional intimacy ✅ Tackle repetitive, time-consuming tasks Good AI 😇 for real-world tasks. Interested in speeding up onboarding and KYC processes by 10x? Visit our website or DM me to learn more. PS The book is highly recommended
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Great meetings with compliance and fintech professionals for our team in Vilnius last week! Thank you, ProMoney and Karolina Aleksandrova for inviting Intrepid Fox to speak on new approaches to KYB at Risk and Compliance Forum. Great presentation by Deniss Skokovs on how we use GenAI to speed up the document collection from 7 days to 30 minutes. Please DM if you want to get demo call on that) Special thanks to Alexandra Vlasova, Maja Matic, Neil Bianco, Dr Vincent Vella, Tadas Cilcius, Julija Volkotrub, Andrejs Fomins, Ganna Popovych, Parviz Verdiyev, Robert van Asch, Giedrė Žukauskienė, CAMS, Karina Dinsberg for great discussions and friendly attitude.
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New Intrepid Fox stats in the state of compliance in Fintech from Roman Zilber, our Founder. Happy to share!
How important is compliance / AML function in fintechs? 🤔 With ever growing regulation, it is clearly one of the most important competences. 2️⃣ 5️⃣ % of total headcount in payment fintechs is working in compliance function, be it regulatory, transaction monitoring or KYC. This is for fintechs with up to 100 total employees. If the company makes it to 200-300 employees there is 2️⃣ 0️⃣ % of the team in compliance. If it grows to 500+ it is 1️⃣ 5️⃣ %, the level which holds up even for 5000+ companies. Moreover, these ratios are constantly growing, creating a lot of tension in job market for compliance professionals. Therefore helping compliance team to be efficient is one of the major tasks for fintech leadership. No surprise Intrepid Fox solutions to eliminate 90% of manual labor in tedious document collection tasks for KYC are getting more and more popular. Get in contact with us to make your compliance team the best.
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Spend 5 minutes to watch 🎥 how the future arrives to the finance industry! Deniss Skokovs, our Co-Founder and CPO showcases our KYC automation solution at Seamless Europe on September 11.
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One more week, one more conference to demo our KYB automation solutions and meet clients. Thank you Seamless Europe for inviting us to Startup program. Please come to see us at SP82. Deniss Skokovs Prima Castelino
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Why Riga is a great place to talk about compliance software. Some stats! 😎 Fintech employees per 1 million population* 🇱🇻 Latvia 667 🇬🇧 United Kingdom 478 🇮🇱 Israel 390 🇳🇱 Netherlands 367 🇩🇪 Germany 117 🇮🇹 Italy 64 Share of compliance specialists in fintech employees* 🇱🇻 Latvia 24% 🇮🇱 Israel 9% 🇳🇱 Netherlands 9% 🇩🇪 Germany 9% 🇮🇹 Italy 9% 🇬🇧 United Kingdom 7% * based on LinkedIn profiles analysis. Deniss Skokovs
Sveiki! (I was told this is a polite way to say Hi in Latvian 😎) This week I work from Riga for three reasons. 1️⃣ Riga is one of the top places in the world for AML / Fintech. Many of the leading fintechs have strong teams 👨💻 here. Lots of great people to meet! 2️⃣ it is the place where a big part of the Intrepid Fox team, including my co-founder Deniss Skokovs, is located. 3️⃣ it is just a great city to visit. Especially in the 🌺 Summer! Please contact me directly to meet for ☕ or 🍺 . #AML #Riga #Latvia
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Happy Friday to everyone! Small update on our plans for this autumn 😎 Many friends in Riga to meet in November! Victor Baron, Marija Stepina, CAMS, Ghennadii Stolearov, Nikita Melnikovs, Alexey Reshko, Gocha Tutberidze, Olegs Kravcenko Roman Zilber, Deniss Skokovs