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About Advance Intelligence Group<\/b><\/p> \n

Advance Intelligence Group<\/a><\/u> is an AI-driven technology company in Asia-Pacific<\/span>. Founded in 2016, it leverages innovative technology and partnerships to build an ecosystem of products and services serving consumers, enterprises and merchants. Its enterprise business, ADVANCE.AI<\/a><\/u> and Ginee<\/a><\/u>, provide AI-based digital identity verification, risk products and omni-channel merchant services solutions to banks, financial services, fintech, retail and ecommerce industries. Its consumer business,  Atome Financial, provides BNPL and digital lending products in both developed and emerging markets. The Group is headquartered in Singapore<\/span> and has presence across South and Southeast Asia<\/span>, Greater China<\/span> and Latin America<\/span>. The Group is backed by top tier investors SoftBank Vision Fund 2, Warburg Pincus, Northstar, Vision Plus Capital, Gaorong Capital and Singapore<\/span>-based global investor EDBI. Early investors include GSR, Pavilion Capital, eGarden Ventures, Unicorn Capital Partners, Provident Growth and others.
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Consumer business<\/b><\/p> \n

The Group's consumer business, Atome Financial<\/b> consists of BNPL brand (Atome<\/a><\/u><\/b>) and digital lending brands (Kredit Pintar<\/a><\/u><\/b> and ND Finance<\/a><\/u>)<\/b>. Atome Financial is supported by and partners with some of the world's most respected financial institutions to propel its mission to enhance product access and financial inclusion across the region.<\/p> \n

Atome<\/a><\/u><\/b> is Asia's<\/span> leading BNPL platform, partnering over 5,000 online and offline retailers across 9 markets. Key merchant partners include ZALORA, Sephora, Agoda, SHEIN and Zara.<\/p> \n

Kredit Pintar<\/b> is one of Indonesia's<\/span> top digital lending apps with over 20 million downloads and  has disbursed over USD1.5 billion<\/span> in loans to date. <\/p> \n

ND Finance<\/b> is a licensed digital lending platform in mainland China<\/span>. It has strong partnerships with more than 20 financial institutions and e-commerce platforms, and has disbursed over USD350 million<\/span> in loans to date.
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Enterprise business <\/b><\/p> \n

ADVANCE.AI<\/a><\/u><\/b> is a one-stop integrated digital identity verification, fraud prevention and risk management platform. Key focus sectors include banking and financial services, fintech, retail, and e-commerce industries. Key clients include Standard Chartered Bank, BTPN, KEB Hana Bank, Shopee, GoJek, Bank Jago and HBL Bank. The business processes over 3 million daily API queries and its identity verification technology like OCR and facial recognition has an over 99% accuracy rate. <\/p> \n

Ginee<\/a><\/u><\/b> is a leading e-commerce merchant services platform in Southeast Asia<\/span> and has grown to support over 100,000 SMEs since its launch in early 2020. The platform has integrated all major ecommerce marketplaces in the region including Shopee, Tokopedia, Lazada, Bukalapak and JD.ID. Ginee's platform has processed over 130 million orders and has an annualised GMV of approximately USD2 billion<\/span>.<\/p> \n

*As of the date of this press release, SoftBank Group Corp. has made capital contributions to allow investments by SoftBank Vision Fund 2 ("SVF 2") in certain portfolio companies. The information included herein is made for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy limited partnership interests in any fund, including SVF 2. SVF 2 has yet to have an external close, and any potential third-party investors shall receive additional information related to any SVF 2 investments prior to closing.<\/i><\/p> \n

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