Enterprise Together with KSC
AIZEN Global
Singapore
Company Overview
Bridging the credit gap between data economy platforms and financial institutions with AI lending platform ‘CreditConnect’
Sectors
- Fintech, AI
Project Summary
- CreditConnect AI Banking-as-a-Service Platform
Business Model
- Revenue model Customer Referral Fee, AI Platform Fee, Platform Servicing Fee
- Key Customer Data Economy Platforms, Financial Institutions, Institutional Investors
Major Performance
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Sales
- 2019-$0.6M
- 2020-$2.1M
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Investment
- $7M
- Wooribank, K-Growth Fintech Innovation Fund, SEMA Translink, etc.
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Employees
- 2018-13
- 2019-19
- 2020-35
- 2021(2H)-75
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Patent
- Domestic : 6 registered, 14 applied
- Overseas : 4 registered, 6 applied
Overseas Expansion
Stage
Generating Revenue
Status
Launched CreditConnect in Vietnam with 30+ data economy platforms, expect to reach U$20M portfolio by ‘21.Q4 / Expanding into Indonesia, Singapore
Performance
AIZEN APAC(SG) Raised U$2.6M Series A(2020) Singapore MAS Fintech Award 2020 2nd in ‘Global’ Plug and Play APAC(SG) Fintech Batch 1
Short-term goals in three years
- Expand CreditConnect in Korea, Vietnam, Indonesia, Singapore(expect AUM U$1B by 2024)
- Vertical integration - directly invest, acquire, and partner with data economy platforms in different industries
- Strengthen AI modules and CreditConnect to achieve full automation across core operations in credit cycle
Products / Services
1
2
- Target Country
- Singapore
- Date of Establishment
- Feb 15, 2016
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- js.kang@aizen.co js.kang@aizen.co
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- Website
- www.aizenglobal.com www.aizenglobal.com
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- Location
- 8F 30 Eunhaeng-ro, Yeongdeungpo-gu, Seoul, Korea
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- CEO
- Jung Seok Kang
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- Founder’s Background
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- Citigroup Korea M&A/Risk Management/Strategy(2007~2016)
- National Assembly of Korea(2005~2007)
- LG CNS IT Engineer(2003~2005)
- The Univ. of Chicago, Booth School of Business MBA(2014~2016)
- Seoul National Univ. MS in Economics(2002~2007)