Singapore Fintech Company

The fintech business model, centered on microfinance, represents a transformative approach to financial services by combining advanced technologies like Artificial Intelligence (AI) with inclusive banking practices. Designed to provide instant credit limits and delayed payment options, this model offers a user-friendly alternative to traditional banking. It particularly caters to individuals and businesses lacking the assets or credit history required by conventional banks, driving financial inclusion and stimulating economic development.

Operating at the intersection of fintech and microfinance, this company leverages AI and machine learning to analyze extensive datasets and provide tailored credit limits instantly. By streamlining credit approval processes and customizing financial solutions to clients’ needs and capabilities, the company effectively mitigates default risks. With credit limits ranging from $50 to $1,000, it has granted over $22 million in total credit and has recently seen growth in auto loans. Additionally, its app features a built-in marketplace to enhance user experience.