Kita, founded by Carmel Limcaoco and Rhea Malhotra, is an AI platform designed to assist lenders in processing loan applications by analyzing various document formats, including handwritten records and e-wallet screenshots.
The platform has successfully processed over $130 million in loan volume within its first five months, helping clients like TRBank convert extensive paper archives into searchable data.
Kita aims to differentiate itself from competitors by handling unconventional document formats without prior configuration and emphasizes the importance of human oversight in financial decision-making.
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MANILA, Philippines – A loan application in the Philippines doesn’t always come with crisp bank statements and complete payslips.
