Periculum

Alternative credit intelligence for financial inclusion in emerging markets

Waterloo, Canada · Founded 2021 · $620K raised

Headquarters
Waterloo
Employees
1–10
Founded
2021
Business Model
B2B
Total Funding
$620K
Last Round
$620K GrantNov 2021
Rounds
2

About

Periculum is a Canadian-founded fintech company that launched Nigerian operations in 2022. Founded in 2019, it builds alternative credit scoring and financial analytics infrastructure for banks and lenders in emerging markets. Its platform uses AI and machine learning to analyze alternative data sources to assess creditworthiness, identify fraud risk, and improve financial inclusion for underserved populations. Periculum's customers include banking and lending institutions seeking to extend credit to individuals and SMEs with limited traditional credit histories. The company raised a $620,000 pre-seed round in October 2021 and has been recognized at the Africa Fintech Summit.

Summary

Periculum is an Artificial Intelligence company based in Waterloo, Canada, founded in 2021. It has raised $620K in total across 2 rounds, most recently a $620K Grant round in Nov 2021. Investors include Timbuktoo Fintech Accelerator, Techstars and First Fund.

Tech & App Stack

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Funding History

GrantNov 2021

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