Saif Farooqui

CEO & Founder, CorgiAI

The founder of Corgi Labs, Saif Farooqui, was previously Lead Data Scientist for Stripe in APAC where he first discovered shortcomings of current payment fraud solutions, especially in adapting to new geographies and scaling to the mid-market from enterprise. Combining his background in machine learning for small sample sizes developed at Facebook and Google, with payments domain expertise from Stripe, Saif started Corgi Labs in late 2022, and under his leadership the company has experienced phenomenal growth, including being accepted into the prestigious Y Combinator program and forging a partnership with the largest payment provider in the US.

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About Company

Corgi Labs (www.corgilabs.ai) is an AI platform designed to control payment fraud while safeguarding revenue. It combines advanced proprietary AI with an intuitive user interface, a comprehensive analytics dashboard, and hands-on payments expertise. It seamlessly integrates with payment providers like Stripe to create a disruptive fraud prevention solution that has the potential to become the standard for payment protection worldwide. Leveraging recent progress in computational power and efficiency, we’re able to build bespoke machine learning models for fraud detection, optimized for small sample sizes. The proprietary CORGI algorithm blocks 22% more fraud than existing solutions while unblocking an additional 4% revenue compared to existing solutions, which are either too dependent on outdated models or static rule-based approaches.

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