Ocrolus CEO Sam Bobley named to Forbes 30 Under 30 in Finance

17 Dec 2019
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30 Under 30 In Finance 2020: The Top Young Traders, Dealmakers and Financial Innovators

The top young financial minds can be found these days at buyout shops, hedge funds and investment banks, as well as innovative companies that do everything from facilitate payments to lend cryptocurrency. The rise of private equity and new financial technologies can especially be seen on this year’s 30 Under 30 Finance list.

The rising stars of finance are working at big institutions like Bridgewater Associates, Apollo Global Management, Goldman Sachs and KKR. They are also pushing forward smaller firms like Center Lake Capital, Divvy Homes and Celsius Network.

Sam Bobley, 28, is cofounder and CEO of Ocrolus, a five-year-old fintech startup that uses machine learning to read paper documents. When lenders like OnDeck and Sofi evaluate prospective customers, they use Ocrolus’ technology to read people’s bank statements, speeding up the approval and on-boarding process. Ocrolus is bringing in revenue of nearly $1 million a month and was valued at $100 million in its May 2019 fund raise.

Read the complete article on Forbes