Kastle is an AI platform for loan operations. We help banks across the United States collect payments, verify new borrowers, and qualify new loan inquiries over the phone.
Kastle is a Y Combinator company in the Summer 2024 batch. Its directory entry describes it as: AI employee for consumer lending. The founders listed are Rishi Choudhary (Founder/CEO), Nitish Poddar (Founder/CTO) (Y Combinator directory entry, July 7, 2024).
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New accelerator entry · 2024-07-07 · the record
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Kastle is an AI platform for loan operations. We help banks across the United States collect payments, verify new borrowers, and qualify new loan inquiries over the phone. Rishi and Nitish met at UIUC where they graduated with degrees in systems engineering and computer science. Rishi was the founding Product Manager for Redfin’s Mortgage Marketplace at 22 and grew the business from $3M to $6M in revenue in 9 months. Nitish patented Verkada’s motion search system and was the youngest tech lead at the company at 23. While building Redfin's Mortgage Marketplace Rishi realized traditional lenders didn't have the infrastructure to service online inquiries and were losing customers. Nitish and Rishi are building Kastle to help traditional financial services companies better interface with their customers.
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