RootFi
RootFi, based in Bengaluru, India, is a fintech company specializing in providing a Unified API for business financial data interaction, serving major SaaS, payments, and financial services companies globally.
Services
RootFi offers a Unified API that allows businesses to interact seamlessly with financial data across various platforms. The API supports integrations for accounting, commerce, and payment platforms. Services include building business tools such as invoice financing, digital lending, expense management, and automated AP/AR reconciliation. RootFi enables companies to deploy these solutions 10x faster, with the capability to retrieve and sync data seamlessly across business customer platforms. Additionally, RootFi provides 24/7 support via live chat, email, and Slack, ensuring customers have constant assistance when needed.
Products
RootFi provides a unified platform aimed at enhancing financial data interactions for business customers. Key products include various integrations catering to accounting, commerce, and payment platforms. These integrations help in automating accounting processes, facilitating credit underwriting, and delivering actionable business insights. RootFi also provides enterprise-grade security with compliance guarantees, including ISO:27001:2013, SOC 2 Type II, and GDPR certification. Companies benefit from transparent pricing with tangible savings, accessible without the necessity for sales calls.
Industry
RootFi operates within the fintech sector, specializing in financial technology solutions that streamline financial operations for businesses. Their sub-industry focus is on providing integrations for various accounting, commerce, and payment platforms. RootFi serves leading SaaS, payments, and financial service companies, enabling them to build sophisticated financial tools and services. With a strong presence in India and South Asia, RootFi is expanding into global markets including the Middle East, South East Asia, and Africa.
Y-Combinator Batch S22
RootFi is a member of the Y-Combinator S22 batch. This affiliation has provided RootFi with the opportunity to scale their operations, access a vast network of industry experts, and leverage resources to refine their business model. Being part of Y-Combinator, RootFi continues to innovate in the fintech space, bringing advanced solutions to the market and enhancing their product offerings.
Security and Compliance
RootFi emphasizes strong security and compliance measures across its platform. The company is ISO:27001:2013 certified, SOC 2 Type II compliant, and adheres to GDPR regulations. RootFi also supports data storage compliance across various regions, including the US, India, Europe, and Saudi Arabia, based on customer and regulatory needs. A dedicated section on their website highlights these security features and their commitment to secure data storage and privacy.