Finscend

Company Overview

Snapshot

Founded in March 2018 by Aaron Lazor and Moshe Teren, Finscend operates with 1–10 employees. The company won multiple accolades at MoneyLIVE in December 2018.

Business overview

Finscend is an international financial technology startup that developed the AI-powered Bank Dispute Platform (BDP) to automate and streamline the credit card dispute process. The BDP enables consumers to submit disputes to their banks using smartphones and serves as an end-to-end workflow tool for banks and financial institutions. It integrates with existing banking technology, is compatible with Visa and MasterCard schemes, and meets compliance requirements, aiming to cut dispute processing costs and improve customer satisfaction through artificial intelligence.

Strategic signal

In December 2019, Finscend signed a strategic alliance agreement with Bravatek, indicating a move towards expanding its market reach and validating its AI-driven credit card dispute platform through partnerships. This collaboration suggests Finscend's focus on integrating its technology within broader financial ecosystems to enhance operational efficiency for banks and financial institutions.

Company Intelligence Q&A

What is Finscend's primary offering?

Finscend developed the AI-powered Bank Dispute Platform (BDP), designed to automate and streamline the credit card dispute process for consumers and financial institutions.

When was Finscend founded?

Finscend was founded in March 2018.

Who are the founders of Finscend?

Aaron Lazor and Moshe Teren are the co-founders of Finscend.

What significant recognition did Finscend receive in 2018?

In December 2018, Finscend won multiple accolades at MoneyLIVE.

What strategic partnership did Finscend establish in 2019?

In December 2019, Finscend signed a strategic alliance agreement with Bravatek, a technology solutions provider, to expand its market reach.