Ola Fintech Launches Sales-Based Liquidity Service "REVN"

Breaking Down Barriers in Capital Flow

On February 9, domestic fintech company Ola Fintech (CEO Kim Sangsoo) officially launched "REVN," a liquidity service that utilizes real-time sales data.

REVN is a service designed to enable business operators to raise funds based on their sales flow by analyzing tax invoice sales and various business operation data.

Whereas traditional funding in the financial sector has been driven mainly by credit scores, financial statements, and collateral, REVN focuses on the flow and continuity of sales generated in the actual business field. Instead of looking only at past sales volume, it comprehensively analyzes non-financial information such as recent sales patterns, the stability of transaction structures, industry characteristics, and business operation data to assess the soundness of the business operator and provide funding.

Through this structure, both individual and corporate business operators can use the service as long as actual sales are consistently generated, regardless of their credit status. It differentiates itself by giving funding opportunities based on the sales flow of the business even to operators whose low credit scores or existing financial transactions have imposed constraints. Another strength is that, instead of going through complicated document submissions and lengthy screening processes, users can access funds more quickly based on real-time sales data.

This service has been developed based on the experience and data capabilities that Ola Fintech has accumulated in the business finance domain. Under the vision of "solving the funding problems of every business operator in the world," Ola Fintech operates "Ola Early Settlement," a specialized fintech service that has surpassed a cumulative payout of 5 trillion won and 1 million payout cases. The risk management capabilities accumulated through collaboration with major financial institutions such as KB Financial Group and Kiwoom Capital have become the core foundation of the new REVN service.

Kim Sangsoo, CEO of Ola Fintech, said, "REVN is a service designed based on the fundamental continuity of a business rather than credit," adding, "We will build a financial infrastructure that allows anyone who is running a business well, whether an individual or a corporation, to access funds in a timely manner and continue their growth."