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bizbaz

Singapore
Market: Financial services, Artificial Intelligence
Stage of the project: Operating business

Date of last change: 26.10.2021
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Idea

Comprehensive risk and behavioural intelligence solutions company in Asia

Current Status

5 countries, about 300,000 credit checks weekly, 16 corporate clients.

Problem or Opportunity

Standard credit scoring systems have been mainstreamed in the 1970s and only include financial repayment-based risk models and profiling of individuals. These systems do not allow FIs service the unbanked populations of most Asian countries. And even for banked customers, credit model performance based on financial assessment has not performed well due to economic conditions, as evidenced by ever-increasing indicators such Non-Performing Loans, etc.

Solution (product or service)

Bizbaz offers financial intelligence solutions to FIs, fintechs and e-commerce companies in Asia, including comprehensive consumer and SME profiling, prescoring and risk assessment, which enable organisations to serve unbanked and underserved populations and businesses in Asia.

Business model

usage and subscription

Incubation/Acceleration programs accomplishment

SOSV Chinaccelerator
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