Ezen Global Exports Financial Services Overseas with 'Credit Connect'

AIZEN Global (AIZEN) announced that it is expanding its financial services to Singapore, Vietnam, and Indonesia through its AI service-based banking platform, ‘CreditConnect’.

In particular, it revealed that it has signed partnerships with various local companies in Indonesia’s rapidly growing e-mobility market to supply banking services based on electric vehicle and electric bike data. Additionally, in the Vietnamese market, it is expanding the ‘embedded finance’ model by providing ‘CreditConnect’ to e-commerce online operators, enabling rapid delivery of financial services through AI technology.

Recently, NOA and SWAP platforms, which enhance convenience for local customers in Indonesia’s electric bike market, have been able to secure customers and provide credit based on data analysis through a technology partnership with AIZEN Global’s AI banking services. AIZEN Global has developed AI models to enable financial services based on various non-financial data such as NOA and SWAP’s operation information and battery data. Together with NOA, AIZEN Global is implementing ‘CreditConnect’ to provide an electric bike platform and banking services so that local customers in Bali, Indonesia, can operate stably. SWAP provides related data to AIZEN Global to enable EV battery financial services, and AIZEN Global has agreed to strengthen the partnership between the two companies through data collection, analysis, management, and AI banking service provision. SWAP is preparing platform services for overall mobility, including SWAP’s electric bikes used in the G20, and is expanding e-mobility financing services with AIZEN Global.

AIZEN Global is providing AI patent technology and data fusion solutions to ensure AI-based financial services are delivered in the rapidly growing mobility market. In particular, it is expanding fintech exports through its patented technology for credit services based on battery data, a core component of the e-mobility market, risk management via battery management systems, and the ‘CreditConnect’ solution that links AI credit services. In the Indonesian and Vietnamese markets, it is connecting non-financial industries with finance through ‘CreditConnect’ and supplying banking services to numerous partners in Vietnam.

Moreover, AIZEN Global has accumulated AI financial know-how in the e-commerce market. Since 2010, it has acquired a platform that provides financial services to e-commerce sellers in Korea and, based on accumulated e-commerce and finance-related expertise, offers banking technology necessary for online operators. It possesses AI technology to handle large volumes of loan cases and data, connecting financial institutions’ products to sellers, and is exporting the same financial technology services to online operators in Vietnam based on this technology.

Customers of various data platforms (clients of non-financial companies) receive financial services with high approval rates and reasonable interest rates, offering a wide range of choices. Through this, data platforms can provide financial services that secure loyal customers. Additionally, financial institutions can expand their customer base through Banking as a Service (BaaS).

AIZEN Global is strengthening its business in the ASEAN region through financial infrastructure exports, focusing especially on supplying AI technology for future mobility financial services. AIZEN Global was ranked second among global fintech companies selected by the Monetary Authority of Singapore and was named a ‘Responsible AI Company,’ collaborating with Singapore’s financial authorities to research AI financial models, gaining recognition as a leader in Asian financial innovation. Furthermore, it has been listed as an AI vendor by global IT research firm Gartner, ranked first in the Hong Kong FinTech Week solutions, and selected among the top 5 at Vietnam’s largest startup event, achievements that have been recognized in the Asian market as it expands its banking services.

Kang Jung-seok, CEO of AIZEN Global, stated, “We are expanding to activate the data economy across various industries through the export of fintech services,” adding, “We have expanded the ‘CreditConnect’ service to provide AI financial services not only in e-commerce but also in the e-mobility industry.”