The Fintech Power 50 Annual 2025

What it does: Sikoia's platform eliminates manual, document- heavy workflows, enabling businesses to onboard customers instantly, reduce compliance costs, and deliver a seamless, frictionless experience. Company: Sikoia Founded: 2021 Category: Software development Key personnel: Alexis Rog, founder and CEO Headquarters: London, UK Website: https://sikoia.com Linkedin: linkedin.com/ company/sikoia/ smarter, faster and more resilient financial services in the years ahead. MOVING FORWARD WITH CONFIDENCE For financial services organisations considering how to adopt AI, the message is simple. You do not need to overhaul your entire technology stack or pursue large-scale transformation projects. Instead, start by identifying specific areas of operational friction, particularly where document handling or data verification remains manual. Then evaluate how automation can support your teams and improve outcomes. Artificial intelligence in financial services is not a distant concept. It is already delivering value today. The opportunity now is to use it wisely, implement it responsibly, and ensure it complements the human expertise that remains central to the industry. AI is not a replacement. It is an enabler. And for those willing to apply it thoughtfully, it represents one of the most powerful tools for delivering

It is practical, proven, and beginning to unlock meaningful change across a wide range of financial services. THE OPERATIONAL CHALLENGE: DOCUMENT HANDLING Despite widespread digitisation, many processes in banking, lending, and insurance still rely heavily on documents. Whether verifying income, confirming identity, or assessing risk, firms routinely process PDFs, scans, and statements from customers. This work is time-consuming, highly manual, and often introduces delays or errors. Document review remains a major bottleneck across customer onboarding, loan origination, KYC refreshes, and underwriting. In many firms, operations teams still spend hours per case manually extracting and cross-checking data. This not only increases costs but also weakens the overall customer experience. AI can significantly reduce this burden. By automating data extraction, classification, and validation, intelligent systems can transform unstructured documents into reliable, structured inputs. This enables faster decisions, better consistency, and real-time feedback to customers if documentation is missing or incomplete. FROM EFFICIENCY TO ADVANTAGE The impact of AI in this area goes beyond efficiency. It creates strategic advantage. Firms that automate core workflows can deliver faster onboarding, improve risk management, and offer more responsive service. For

customers, the result is less friction, greater transparency, and quicker access to financial products. For internal teams, it means more time to focus on complex cases, personal advice, and regulatory responsibilities. These improvements are not limited to a single vertical. Banks, digital lenders, insurance providers and fintech platforms are all seeing the potential. In an industry where speed, accuracy, and trust are critical, intelligent automation is quickly becoming a differentiator. It is an enabler. And for those willing to apply it thoughtfully, it represents one of the most powerful tools for delivering smarter, faster and more resilient financial services in the years ahead HUMAN EXPERTISE STILL PLAYS A CENTRAL ROLE It is important to emphasise that artificial intelligence does not replace human expertise. Instead, it enhances it. Financial professionals continue to play a vital role in assessing nuance, building relationships, and making judgement calls. AI simply handles the repetitive, document-heavy tasks that currently slow them down. This shift allows compliance officers to focus on high-risk cases, underwriters to concentrate on edge scenarios, and relationship managers to better understand their clients. AI is not a replacement.

Who is Sikoia: Sikoia streamlines customer verification for financial services, automating data aggregation, verification, and insights from digital and document-based sources. By eliminating manual bottlenecks, SIKOIA COMPANY INFO verification, automating compliance checks, and reducing the back-and-forth that frustrates customers during onboarding. Firms that embrace this shift early, with a focus on practical implementation and measurable outcomes, will be best placed to define the new standard. Rather than depersonalising financial services, AI creates the space to make them more human. A FAMILIAR PATTERN IN FINTECH Every wave of financial innovation has followed a similar pattern. New tools are introduced, early adopters experiment, and gradually the technology becomes embedded in daily operations. Over time, these tools shift from being seen as disruptive to being considered essential. The current wave of AI is no different. The most valuable use cases are grounded in solving real problems. This includes streamlining income

we accelerate onboarding, reduce compliance costs, and enhance customer

experiences, turning verification into a competitive advantage. Sikoia was founded with a bold vision: to build the intelligence layer that unifies financial data, transforming how financial services verify and onboard customers.