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AIZEN expands its financial services for e-commerce sellers

Jul. 26. 2021

AIZEN expands its financial services for e-commerce sellers

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AIZEN plans to focus on e-commerce data analysis and the values required to provide the financial services that sellers actually require. AIZEN offers AI analysis for various data, such as the amount of transaction, accounting cycle, refund history, and daily report, spread out across 9 to 10 (on average) e-commerce platforms for each seller. Based on these, AIZEN also works together with its financial partners for credit calculation, which will allow AIZEN to provide lending services through its ‘CreditConnect’ service. CreditConnect uses AI-core operation to provide credit cycle-based banking services and manages credit services based on financial risk management.

E-commerce sellers in Korea faced difficulties in balancing accounts during the period of purchase and sales, and they had to go to financial institutions to apply for financial services when they faced such difficulties. . AIZEN’s e-commerce aggregation platform is expected to facilitate the balancing of the accounts by showing the cash flow of the e-commerce sellers in a clear manner, and to provide accessible credit services through its CreditConnect function. AIZEN plans to continue its work in using new technologies to facilitate the financial services in the rapidly growing e-commerce market, and in providing seamless financial services to those who faced difficulties in accessing the financial services. The company also plans to expand and enhance its platforms connecting e-commerce and finance through its AI Core engine.