Oscilar is a risk technology company founded in 2021 that provides a unified risk decisioning platform for banks, fintechs, and digital organisations. The platform combines real-time AI and data intelligence to support decisions across fraud defense, credit underwriting, onboarding risk, and AML compliance. The company was founded by Neha Narkhede, co-creator of Apache Kafka and founder of Confluent.
The platform addresses the financial exposure companies face from fraud and credit risk, which Oscilar puts at more than $48 billion annually in costs to organisations and $8.8 billion in consumer losses each year. Its decisioning capabilities span a range of industry use cases, including mortgages, insurance, e-commerce, and broader fintech and banking operations.
Technically, Oscilar's approach centres on real-time data processing and AI-driven decisioning, reflecting the expertise its founding team brought from building large-scale data infrastructure. The platform is designed to give risk and product teams the ability to make faster, more informed decisions without treating risk management purely as a compliance cost.