Statement IQ is a technology company that offers a specialized platform designed to streamline and automate the process of financial statement analysis for the brokerage industry. Their service uses AI-powered technology to extract, categorize, and analyze data from client-submitted documents like bank and credit card statements. The mission is to help brokers enhance their compliance with KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations by efficiently verifying a client's affordability, source of funds, and financial history, thereby reducing manual workloads and mitigating regulatory risks.

Founded in

United States