ADVANCE.AI is a data-driven financial technology company with a mission to create, apply, and share intelligence to advance causes that benefit the human society.
ADVANCE.AI uses Next-generation big data and artificial intelligence to empower and transform your business.
ADVANCE.AI was founded in 2015 by Jefferson Chen, Xiaoguang Wang, Dong Shou, & Chun Dong Chau. The company is based in Singapore with additional offices in Jakarta, Indonesia; Vietnam; Phillipines and Bejing, China.
ADVANCE.AI's flagship product is ADVANCE Guardian, which uses AI to assist banks and other businesses in e-KYC (know your customer), fraud detection and credit scoring. The company has over 300 enterprise customers in Singapore, Indonesia, Vietnam, the Philippines and India.
ADVANCE.AI also offers, ADVANCE BOOSTER, it encompasses various advanced Machine Learning techniques. ADVANCE.AI's other product, ADVANCE CONNECT, which empowers clients with targeted marketing by leveraging partners' existing data using Artificial Intelligence techniques.
ADVANCE.AI currently partners over 1,000 enterprise clients across Southeast Asia, South Asia and Mexico in sectors such as banking, financial services, fintech, payment, retail and e-commerce.
ADVANCE.AI is backed by Warburg Pincus, Goldman Sachs, GSR Ventures, Temasek, Gaorong Capital, Pavilion Capital, Tencent, Baidu, HSBC, and others. The company raised $200M in a new round on Sep 09, 2021. This brings ADVANCE.AI's total funding to $338.3M to date. The new round mints ADVANCE.AI a unicorn with a valuation of over $1B post-money.