Photo by Growtika via Unsplash

Pints AI pushes auditable AI into core banking systems with $7.2m

AI banking onboarding dropped 70% across regulated systems.

Pints AI has raised $7.2m (US$5.6m) in a pre-Series A round led by Tin Men Capital, with SBI Ven Capital as co-lead.

The Singapore-based enterprise AI startup develops Autothought, a system that automates underwriting, claims processing, and client onboarding for financial institutions whilst generating audit trails for regulatory review.

Twelve financial institutions across Singapore, India, Hong Kong, and the US use the platform.

The company says these clients have saved a combined $13m (US$10m), with underwriting times reduced by 40% and onboarding times reduced by 70%.

Autothought connects to core banking and insurance systems and routes tasks across small language models, frontier models, and open-source systems. It logs all AI-assisted decisions and flags uncertain outputs for human review.

The company also sends engineers to work directly inside client institutions to integrate the system with core banking and insurance infrastructure.

The funds will support expansion across Asia-Pacific and the Middle East, hiring, and development of governance and audit tools for regulated environments.

SEEDS, NTUitive, SUTD Venture Fund, and Tenity also participated in the fundraising round.

(US$1 = SG$1.29)

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