Avatec.Ai

Avatec.Ai is a finance technology platform that aims to promote financial inclusion in Southeast Asia by connecting funding sources and consumers, particularly targeting the underserved segment with little to no credit history. The company, established in 2018 and headquartered in Singapore, offers end-to-end credit assessment services through the use of artificial intelligence, machine learning, anti-fraud algorithms, and big data. Avatec.Ai is a joint venture between United Overseas Bank Limited and Pintec Technology Holdings Limited. This B2B2C model provides financial institutions and commercial organizations with technological solutions to expand their financial product offerings, enabling them to cater to the financial needs of consumers and small businesses. As a result, companies in sectors such as e-commerce, telecommunications, and travel can leverage Avatec.Ai's solutions to provide financial products like point-of-sale financing and instalment loans, ultimately enhancing customer monetization and generating additional sales. In summary, Avatec.Ai is poised to revolutionize the financial services industry in Southeast Asia by leveraging advanced technology to bridge the gap between funding sources and the underserved segment, ultimately driving financial inclusion and accessibility in the region. For more information, visit their website at www.avatec.ai.