# AIZEN Global Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aizen-global-co

- Industry: Financial Services
- Headquarters: Seoul, South Korea
- Website: www.aizenglobal.com
- Total disclosed funding: $6.5M
- Latest round: Series B (Sep 19, 2024)
- Investors on record: 4

## About

AIZEN Global Co., Inc. offers AI-driven Banking-as-a-Service (BaaS) solutions that enhance financial decision-making and improve access to credit, focusing on the needs of banks and financial institutions.Founded in 2016 in Seoul, South Korea, AIZEN Global Co., Inc. specializes in AI solutions for financial services. The company has successfully completed 4 deals to date, with the most recent funding round occurring on September 19, 2024, where they raised USD 2.889 mn in a Series B round from investors JB Investment and SBI Investment Korea. AIZEN is led by CEO Jung Kang, and its current valuation stands at USD 113.167 mn.AIZEN GLOBAL specializes in AI-driven Banking-as-a-Service (BaaS) solutions tailored to improve access to credit and enhance decision-making processes within financial services. The company’s core offerings include an AI engine designed to tackle various challenges in the sector, such as credit card fraud detection and reinforcement learning systems that promote fairness in lending practices. AIZEN’s technology enables real-time data analysis for e-mobility operators, assessing residual values and utilization risks, thereby facilitating informed financing options. The primary customer base consists of banks and financial institutions seeking to bridge the credit gap with data economy platforms, primarily marketed in Asia, especially Southeast Asia, where digital finance solutions are increasingly in demand.AIZEN GLOBAL generates revenue through its AI-powered credit facilitation services, primarily through partnerships with banks and financial institutions that subscribe to its BaaS platform. Clients benefit from competitive financing conditions sourced from various funding channels, with revenue derived from subscriptions to their flagship product, CreditConnect, which facilitates transactions leveraging AI technology to streamline the lending process and enhance financial operations efficiency.In September 2024, AIZEN Global Co., Inc. raised USD 2.89 mn in Series B funding, which will support the development of new AI products aimed at expanding its service offerings. The company plans to enter new markets across Southeast Asia by 2025, capitalizing on the increasing demand for digital finance solutions. The funding will be utilized to enhance their technology and expand their market reach.

## Funding rounds

- Series B, Sep 19, 2024, $2.9M — SBI Investment Korea, JB Investment
- Series B, Nov 5, 2021, $1M — SBI Investment Korea
- Series A, May 27, 2020, $2.6M — SEMA Translink Investment, FinTech Innovation Lab

## Investors

- SEMA Translink Investment — Series A
- FinTech Innovation Lab (https://capitalatlas.ai/funds/fintech-innovation-lab) — Series A
- SBI Investment Korea (https://capitalatlas.ai/funds/sbi-investment-korea) — Series B
- JB Investment (https://capitalatlas.ai/funds/jb-investment) — Series B