- CEO
- Nino Di Teodoro
- Sector
- Technology services
- Industry
- Packaged software
- Address
- Vancouver Canada
- Business
- Pelican AI Corp. is a financial technology and enterprise software company that develops and provides artificial intelligence-, machine learning-, and natural language processing-driven solutions for digital payments processing, financial crime compliance, open banking, and trade finance. The company provides software platforms to global financial institutions, commercial banks, fintech companies, and multinational corporations across more than 55 countries. Pelican AI Corp. organizes its core product offerings into specialized software suites, including: Pelican Payments, an end-to-end payment hub that delivers real-time and instant payment processing, cross-border transaction routing, SWIFT messaging connectivity, ISO 20022 message standard translation, and Integration Platform as a Service interoperability; Pelican Secure, an automated financial crime compliance and risk management suite providing anti-money laundering transaction monitoring, real-time sanctions screening, politically exposed persons screening, watch list filtering, and payment fraud detection; Fraud Alerts Optimizer, an AI-powered compliance optimization tool designed to analyze transaction alert histories, reduce false positive rates, and streamline investigator operations; Pelican Trade, a trade finance processing solution delivering digital documentation examination, automated compliance validation, and discrepancy resolution; and Pelican Open Banking, an API connectivity hub providing PSD2 compliance, secure third-party provider integration, and open banking API management. In recent corporate developments, the company completed a reverse takeover transaction between Pelican Canada Inc. and Ochams Razor Capital Limited in August 2026, renaming the combined entity Pelican AI Corp. and listing its common shares on the Canadian Securities Exchange under the ticker symbol PEL on September 1, 2026. Alongside its public listing and corporate reorganization, the company appointed Nino Di Teodoro as Chief Executive Officer following the executive transition of founder Parth Desai, while commercially accelerating the deployment of its AI-enabled Fraud Alerts Optimizer across global banking markets. Originally founded in 1993 as ACE Software Solutions, Pelican AI Corp. maintains its registered corporate records office in Vancouver, British Columbia, Canada, with operational headquarters and regional offices situated in Iselin, New Jersey; London, United Kingdom; Dubai, United Arab Emirates; Mumbai, India; and Hong Kong.