Sxored AI Bank Statement and Credit Analysis Co-pilot

Sxored is an Indonesian startup founded in June 2024 by a fintech team that previously built and exited a mutual fund marketplace. It serves banks, multifinance companies and P2P lenders, where credit analysts still review bank statements and supporting documents manually as PDFs, scans and photos.

The platform reads e-statements from any Indonesian bank, consolidates transactions across accounts and periods, and keeps every figure traceable to the source document. It flags window dressing and tampering with more than 10 fraud indicators, such as metadata mismatches, round-tripping and inter-account transfers. It also reads KTP, NPWP, family cards, company deeds, NIB, payslips, invoices, land certificates and SLIK OJK reports, and an AI copilot summarizes borrowers and estimates property collateral value with nearby facility mapping.

• Bank statement reader: extracts transactions from PDFs, scans and photos of any Indonesian bank.
• Fraud indicators: more than 10 checks for window dressing and document tampering.
• Supporting document extraction: reads identity, business legal, financial and property documents.
• SLIK OJK reading: structures credit bureau reports for cross-checking.
• Quick appraisal: estimates collateral market value and maps nearby facilities.
• Flexible delivery: web SaaS, API integration or a tailored system.

Vietnamese consumer finance companies could adapt the approach to read borrower bank statements and detect manipulated income. SME lenders can check payslips and invoices against bank transactions before approval. Banks with Indonesian operations can use the platform directly for credit analysis and collateral appraisal.

Credit teams spend less time on document handling and start analysis from clean, consolidated data. The company website cites an 80% reduction in processing time and 99.5% fraud detection accuracy. Quick appraisal shortens and lowers the cost of field surveys for property collateral. Usage-based pricing avoids upfront volume commitments.

Digital lending is growing across Southeast Asia, while document fraud in loan applications is rising. Lenders want document AI tuned to local bank statement formats and credit bureau reports rather than generic OCR, a need that applies equally to Vietnamese banks and consumer finance companies that rely on CIC reports and bank statements.

PT Sxored Veritas Finansial was founded in June 2024 by Cyrill James Hardie (CEO), Ben Lawson, Wawan Budi Setyawan and others. In July 2025 it raised an undisclosed round led by East Ventures and reported 10 ongoing pilots. It holds ISO/IEC 27001 certification and is registered as an electronic system operator (PSE) with Komdigi.