Navi is using AI to build credit and fraud models, says Sachin Bansal
Executive Take
Bansal's point cuts against the AI hype cycle. If everyone can buy the same AI tools, the winners will be companies that pick harder problems, not ones with the flashiest AI pitch.
Executive Summary
At the Global Fintech Festival, Navi co-founder Sachin Bansal said the company uses AI for credit and fraud-detection models, plus coding, customer support, marketing and feature engineering. He said AI access alone won't differentiate companies. Navi raised $100 million from Prosus recently, its first institutional fundraise, and Navi Finserv crossed ₹13,000 crore in assets under management.
Why It Matters
AI and fintech leaders should care because Bansal argues AI is becoming a commodity, not a competitive edge. The real advantage shifts to who builds proprietary risk and credit models on top of it.
Bizquad Perspective
Most leaders chase AI adoption as a headline, but Bansal's real bet is that owning hard, unglamorous infrastructure like credit decisioning will outlast any AI feature.