Ocrolus Launches Ocrolus+ Premium Fintech Infrastructure Platform Extension

On December 11, 2019, Ocrolus announced Ocrolus+, a premium extension to its fintech infrastructure platform designed to transform documents into actionable data via a single API. The platform achieves over 99% accuracy by combining AI with human-in-the-loop validation, serving critical financial services use cases. Key supported workflows include loan underwriting, account openings, and invoice processing, all enhanced with built-in fraud detection and analytics capabilities.

The product positions Ocrolus as embedded infrastructure for banks and fintechs looking to automate document-heavy financial processes. By the time of the announcement, the company had raised over $30 million in venture capital from notable fintech investors including Oak HC/FT, FinTech Collective, Bullpen Capital, and QED Investors. The launch reflects growing demand for API-driven infrastructure that enables financial institutions to digitize and streamline back-office operations.

Ocrolus+ effectively extends the company's core document automation into a broader platform play targeting the BaaS and embedded finance ecosystem.