Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Capital C Corporation has selected its AI-powered platform, enabling Capital C Corporation, in tandem with its in-house proprietary scoring algorithms, to make stronger, faster credit decisions for SME and personal loans.
Capital C Corporation, headquartered in Singapore, is a holding conglomerate that provides financial services to the under-served through a combination of digital microfinancing and strategic planning. Through its subsidiaries such as Capitall, Capitall Auto and Chopnow, Capital C Corporation provides holistic financial solutions for SMEs and individuals. Its services include business loans, partnerships and acquisitions, auto financing, buy now pay later (BNPL) plans and solutions, as well as personal loans.
“We are on a mission to be the leading microfinance institution through digital technology, operational efficiency, and service excellence,” said Jeames Cheow, CEO & Co-founder, Capital C Corporation. “Scienaptic’s AI-powered credit decisioning platform is a perfect fit for this mission. The cutting-edge AI will help us enhance credit access to small businesses and individuals, while ensuring our delinquencies are much lower than the industry.”
“We are very pleased to work with Capital C Corporation in supporting the credit financing needs of individuals and SMEs through our AI-powered credit decisioning platform. Our platform will enable them to approve more loans while reducing losses, analyze portfolio performance at a granular level and react quickly to external changes,” said Joydip Gupta, Head of APAC Business.
For more such updates and perspectives around Digital Innovation, IoT, Data Infrastructure, AI & Cybsercurity, go to AI-Techpark.com.
