About
Parascript is an AI platform for check and payment processing. Boulder, CO-based. Processes 100B+ documents annually. Products: CheckXpert.AI (99% automation rates), CheckStock.AI for fraud detection. Won 2026 BIG Innovation Award. Expanded to African market via BIRGER partnership (2025). Reduces data entry costs 80%+. Serves banks, governments, corporations globally.
Key Facts
- [1]Employees: Employee count: 51-200.
- [2]Website: Official website: parascript.com.
- [3]AI Technology: Core AI/ML technologies: LLM / NLP.
- [4]Region: Region: Americas (United States).
Founder
Stepan Pachikov
Founder
AI Technology
LLM / NLP
Large language models for NLP, chat, document understanding, and text generation
Classification
Market Segments
Tech Stack Layers
Details
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Frequently Asked Questions
What is Parascript?
Parascript is an AI platform for check and payment processing. Boulder, CO-based. Processes 100B+ documents annually. Products: CheckXpert.AI (99% automation rates), CheckStock.AI for fraud detection. Won 2026 BIG Innovation Award. Expanded to African market via BIRGER partnership (2025). Reduces data entry costs 80%+. Serves banks, governments, corporations globally. Parascript is classified in the Enterprise Finance segment at the Automation layer of the financial AI stack.
Who founded Parascript?
Parascript was founded by Stepan Pachikov (Founder).
What AI technology does Parascript use?
Parascript primarily leverages LLM / NLP technology. Large language models for NLP, chat, document understanding, and text generation. Within the Enterprise Finance segment, 17 companies use this technology.
What market segment does Parascript operate in?
Parascript operates in the Enterprise Finance market segment. AI enterprise finance companies are automating and enhancing the financial operations of businesses — from accounting and treasury management to financial planning, analysis, and corporate finance.
Where is Parascript headquartered?
Parascript is headquartered in Boulder, United States. The company operates in the Americas region. The team consists of 51-200 employees. United States is home to 324 financial AI companies tracked by AIFI Map.
Who are Parascript's competitors?
Companies similar to Parascript in the Enterprise Finance space include Greenlite ($20M raised), Trumid ($722M raised), Pibit.ai ($8M raised), Puzzle ($67M raised), Pilot ($222M raised). These companies operate in related areas of financial AI: Greenlite focuses on ai agents that accelerate aml reviews. Trumid focuses on ai-powered fixed income trading platform. Pibit.ai focuses on agentic underwriting platform for carriers. (Based on AIFI Map classification data.)
What products does Parascript offer?
Parascript builds automation-layer solutions for the financial services industry. The company's core offering: AI for check and payment processing. The platform is powered by LLM / NLP technology.