As seen in Millionaire MNL, Saif Farooqui isn’t chasing trends, he’s neutralizing threats. Based in Singapore and backed by Y Combinator (W23), Farooqui is the founder and CEO of CorgiAI, a fast-rising startup that builds AI-powered payment fraud prevention systems for platforms like Stripe, Shopify, and Adyen.
At a time when chargebacks and false declines cost businesses billions annually, CorgiAI offers a precision-engineered solution: machine learning models tailored to each platform’s unique fraud patterns. The result? Lower losses, higher approvals, and fewer headaches for growth-stage fintechs and global e-commerce players alike.
CorgiAI: Built for the Real Problems Operators Face
With deep experience in data science at Stripe, Facebook, and Meta’s Business Integrity team, Farooqui understands the high stakes of payment security from the inside out.
CorgiAI was born from this frontline insight. Today, the startup:
- Helps businesses detect fraud in real time with custom AI models
- Reduces false positives and false declines that hurt revenue
- Partners with major platforms on fraud modeling and infrastructure strategy
He also shares his playbook publicly. At events like Payment Fraud 101 in Singapore, Farooqui walks operators through the practical side of fraud, teaching how to balance approvals with accuracy, and how to turn risk into retention.
“If payment fraud is affecting your revenue, or your sanity, we’re here to help,” Farooqui wrote on LinkedIn.
From Stripe to Startup: A Data-Driven Path
Before founding CorgiAI, Farooqui trained and worked as a data scientist at some of the world’s most respected tech companies. He also taught at General Assembly, helping others break into analytics and engineering.
This combination, real-world tech pedigree and an educator’s mindset, has shaped CorgiAI into a platform that demystifies AI, even as it solves highly complex infrastructure challenges.
He’s now a recognized mentor with Gleac and an active contributor to fintech conversations across Asia and the U.S.
The Thought Leader Asia’s Fintech Scene Is Watching
With more than 5,000 followers on LinkedIn, Farooqui posts regularly on fraud trends, AI developments, and startup lessons learned. His posts receive strong engagement from fraud teams, data scientists, and founders alike, especially those facing the same problem: scaling without sacrificing safety.
“Really excited for Corgi Labs (YC W23) to be partnering with Stripe to discuss the impact of AI in fintech.”
From conference stages to Slack channels, Farooqui’s insights are shaping how the next generation of founders thinks about risk, optimization, and infrastructure.
