Kita: Seed
AI software that extracts and verifies financial documents to help lenders assess borrowers.
The business
Kita helps lenders in emerging markets automate application completion, document verification and underwriting when borrowers’ financial histories are held in bank statements, e-wallet records and other unstructured files. Its models extract fraud-checked data and localized risk signals, then learn from repayment outcomes to improve future assessments. The seed round will support expansion of this lending infrastructure.