AIZEN GLOBALCreditConnect

Buy Now, Pay Later (BNPL) FinTech services are highlighted globally. Afterpay in Australia, Klarna in Sweden, and Affirm in the United States are among FinTech unicorns. With seamless payment faster than credit card, the BNPL market is exploding, the service being popular among millennials and Z-generation shoppers and promoted online and off-line with e-commerce, shopping malls, communication carriers, and skin clinics. In particular, the Australian MZ generation is rapidly adopting BNPL as payment means for immediate small shopping loans with low interest. As such, several credit card issues have been reduced by 9.2%, while the subscriber base of Afterpay has increased by 15%, according to statistics.

AIZEN CreditConnect links e-commerce, electronic wallet, education, communication, medical, and other nonfinancial businesses to introduce lending services. AIZEN provides lending services through quick AI-based decision-making by connecting data platforms and financial institutions based on AI finance models. It serves the local customers of Vietnamese businesses with easy and quick credit services to provide lending services to customers of shopping, education, and medical partners in Vietnam. It will continue to extend the market beyond Korea to Indonesia and Singapore.

CreditConncect leads Embedded Finance to provide seamless lending services through the innovation of convergence between “Finance” and “Nonfinance.” Moreover, AIZEN has led the financial innovation in Asia with First Place at Hong Kong FinTech Week and Global Second Place at Singapore FinTech Award. AIZEN also focuses on automating credit services with more precise data and AI-based decision-making for the BNPL services.