Arva AI Secures $3M Seed Funding to Transform Business Verification

Arva AI, a rising innovator in financial technology, has announced the successful completion of a $3 million seed funding round, led by Gradient, Google’s early-stage AI investment fund. The round also saw participation from Y Combinator, Amino Capital, Olive Tree Capital, and prominent angel investors from the fintech industry. This strategic investment will enable Arva AI to scale its generative AI-powered platform, designed to revolutionize how financial institutions conduct Know Your Business (KYB) verification.

Automating KYB to Enhance Efficiency and Compliance

KYB verification is essential for financial institutions to mitigate risks such as fraud and money laundering. However, the process often involves time-intensive, manual reviews that slow down customer onboarding and increase operational costs.

Arva AI’s platform leverages generative AI to automate these processes, transforming unstructured data from registries, websites, social media, and documents into actionable insights. With its advanced fraud detection and document intelligence capabilities, Arva enables banks and fintechs to onboard businesses in seconds while ensuring full compliance with regulatory standards.

“Efficient and secure KYB processes are no longer optional—they’re critical,” said Rhim Shah, CEO and co-founder of Arva AI. “Our solution addresses rising compliance costs and stricter regulations, allowing financial institutions to streamline onboarding without compromising on security. Early adopters like Keep in Canada and Tola in the U.S. are already seeing transformative results.”

A Vision for the Future of Compliance

Arva AI aims to expand its platform into a comprehensive suite of tools that automate low- to mid-risk compliance tasks. This shift would allow compliance teams to focus on higher-level decision-making while maintaining operational efficiency.

“At Gradient, we’re committed to supporting companies using AI to solve complex challenges,” said Eylul Kayin, Partner at Gradient. “Arva’s innovative approach to automating business verification represents a pivotal advancement for the financial industry. We’re excited to support their growth as they scale globally.”

A Team Built for Innovation

Founded by Rhim Shah and Oli Wales, Arva AI’s leadership team brings deep expertise in fintech and AI. Shah, previously financial crime product lead at Revolut Business, and Wales, a former lead product engineer at Seal, understand the pain points of compliance in fast-growing financial organizations. Their experience has been instrumental in shaping Arva’s cutting-edge technology.

Scaling to Meet Demand

With this seed funding, Arva AI plans to accelerate product development and expand its market presence to meet the growing demand from banks and fintechs modernizing their compliance workflows. The company’s mission to reduce manual review times from days to seconds positions it as a leader in the evolving KYB landscape.

About Arva AI

Arva AI delivers AI-powered business verification solutions, automating compliance tasks for banks and fintechs. The platform reduces onboarding times while strengthening risk controls, helping financial institutions balance efficiency and compliance. Backed by investors like Gradient and Y Combinator, Arva AI is reshaping KYB processes. For more, visit arva.ai.

About Gradient

Gradient, Google’s early-stage AI fund, has been advancing AI innovation since 2017. With a team of technical and domain experts, Gradient supports startups tackling real-world challenges through transformative technologies. Learn more at gradient.com.

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