Advance Intelligence Group

🎉🎉 Very excited to announce the completion of Atome Financial's up-to-US$200M syndicated facility to further support #financialinclusion in Southeast Asia and the rapid growth of our regional portfolio. 🎉🎉 This new facility, led and arranged by Hongkong and Shanghai Banking Corporation (HSBC) through its #ASEANGrowthFund, is also supported by DBS Bank, Sumitomo Mitsui Banking Corporation – SMBC Group Singapore branch and Brunei’s Baiduri Bank Group. The new facility builds on Atome's existing partnership with HSBC and will support the expansion of Atome's lending products and “Pay Later Anywhere” #AtomeCard across key Southeast Asian markets. “We are pleased to deepen our support to lead this syndicated facility, along with other lenders. Through this support, Atome Financial will bring about greater financial inclusion by extending access to #affordable and #responsible #personalfinance solutions to more consumers from across Southeast Asia,” said Priya Kini, head of commercial banking, HSBC Singapore. “As a fast-growing startup with a rapidly growing and profitable business, we are deeply appreciative of this syndicated facility, which underscores the banking community’s trust and confidence in us,” said Andy Tan, Chief Commercial Officer at Atome Financial. “We look forward to HSBC, and our other partners, continuing to support our capital needs and launch of new and innovative personal finance products in key markets like #Singapore, #Malaysia and the #Philippines.” For more: https://lnkd.in/gjJTtvW6 #Atome #financialinclusion #digitalfinance #digitaleconomy #SoutheastAsia

Earlier this month, our team from Kredit Pintar spent time to renovate and revitalise the elementary school facilities of Madyama Widya Pasraman RSI Markandya school, located in Gianyar Regency in Bali, #Indonesia. In addition to donating to the construction of school buildings, staff from KP teamed up with the school to plant trees, creating a badminton court, provide school equipment and teacher uniforms as well as interacted with the community and artisans in Taro Village, and donating to the school's operational costs. Kokko Cattaka CFP® AEPP® , Director of PT Kredit Pintar Indonesia, explained during the inauguration of the revitalized facilities that as a #fintech company, KP not only plays a role in developing the financial sector but is also committed to making a significant impact in #education. "Through our #CSR program, in addition to revitalizing and equipping educational facilities, we also introduce digital financial technology. We strive to play a role in preparing the younger generation to face future challenges," he explained. On the occasion, I Made Madriana, the manager of Madyama Widya Pasraman RSI Markandya school, expressed his appreciation for the tangible results of the CSR program. According to him, the assistance provided has had a very positive impact, creating a more comfortable, safe, and modern atmosphere, which improves the daily learning process for both students and teachers. "We highly appreciate PT Kredit Pintar Indonesia's commitment to making a real contribution to the development of education in our environment," said Made. "Seeing the importance of adequate educational facilities for the community, the results of this revitalization can be used optimally in the long term and have a positive impact on the community in Taro Village and surrounding areas, enabling them to access basic education well," he explained. #financialinclusion #digitalliteracy #financialliteracy #KreditPintar #education

Honoured to be invited recently to Bank of Thailand's fintech seminar “Bridging Visions: FinTech from Policy to Impact” to share our thoughts on innovative AI solutions in Financial Services, and specifically how to increase efficiency and inclusivity in the financial sector. Our presentation, delivered by ADVANCE.AI CEO Dennis Martin, focussed on increasing #digitalsecurity risk and rise of AI-generated #deepfake attacks and potential ways to mitigate this challenge whilst increasing #financial and #digitalinclusion in Thailand. Grateful for the invitation and welcome BOT's innovation development efforts in creating an ecosystem for both financial institutions and non-financial institutions, in collaborating to fully utilize #AI in a safe, responsible and sustainable way. #FinTech #Innovation #BOT #BridgingVisions2024 #Thailand

Thrilled to share that earlier this month, our Group Head of Information Security Shishir Kumar Singh was recognised as one of the CSO30 honourees for ASEAN and HK region for the second consecutive year. This recognition is a reflection of the shared dedication, innovation and resilience of our Group's #cybersecurity and #infosec commitments and efforts. 2024 #CSO30ASEAN Awards judging criteria included: 🔒 Cybersecurity initiatives to manage different threat levels 💡 Why the innovations were unique in the marketplace. 👥 Efforts to collaborate with wider organisation and leadership team 🛡️ Approach to creating a positive internal cybersecurity culture A heartfelt thanks to the #CSO30 Awards team, the judges and Xiou Ann Lim in organising this meaningful recognition. Celebrating our efforts to protect and empower organisations wouldn’t be possible without your support. Finally, huge congratulations to all the deserving #CSO professionals recognised in this year's #CSO30 and #CIO100 awards. As the digital threat landscape in our region continues to rapidly evolve, this community's contributions continue to shape, fortify and strengthen the #cybersecurity landscape, ultimately protecting both businesses and consumers. #infosec #cybersecurity #corporategovernance #dataprotection #oneadvance

Our Group General Counsel Sherry Zhang has been recognised for the third time in the #Legal500 #GCPowerlist Southeast Asia 2024. Sherry, who has been with the Group for six years, leads a 15+ member team spread across Southeast Asia, which supports multiple business subsidiaries under Advance Intelligence Group. #Oneadvance Most recently, the Legal team have been involved in completing Atome Financial's landmark USD200M syndicated credit facility led by HSBC - one the first of its kind to startups -- and several other debt facility arrangements with top tier regional and local banks in various markets. Deeply humbled and incredibly honored to be among the esteemed list of fellow GCs and to be part of this region's talented legal community. The recognition belongs not just to Sherry, but the entire #legal team which supports our fast-moving tech and startup journey. Big thanks to Legal 500, for this honour and congratulations to everyone included in this year’s list. #Legal500 #GCPowerlist #leadership #startup #tech #diversity

Proud to have contributed to the latest Fintech in ASEAN 2024 Report by Singapore FinTech Association (SFA), UOB and PwC. Key findings: 💰 Funding for #fintech in ASEAN has surged more than 10 times since 2015. #Singapore and #Thailand leads the lion’s share in investments, fuelling growth in sectors such as #payments and #alternativelending. 🇸🇬 Singapore topped the number of deals at 62 across nine FinTech categories. It is home to six out of 16 #unicorn firms across the ASEAN region 🦄 Notable unicorns include "Advance Intelligence Group – the parent company of artificial-intelligence, financial-service platform Atome – and cross-border payments firm Nium". 🤖 #GenAI and #quantumcomputing have received significant investor interestin the first 9 months of 2024, and both have the potential to significantly reshape the financial ecosystem. Full report: https://lnkd.in/gFazCje5 #FintechinASEAN2024 #fintech #ASEAN #funding #SFF2024 #SingaporeFintechFestival

Come say hello if you're at #SingaporeFintechFestival! We're in Hall 5! #oneadvance #advanceintelligencegroup #ADVANCEAI #SFF

Our Chief Scientist Robbie Yan participated in a lively panel session on "Forging Successful Partnerships for #GenerativeAI in Financial Services" at #DAX[AI]ON, an exclusive event co-organised by Digital Industry Singapore (DISG) and DBS Bank. Key takeaways on fintechs working with larger organisations: - Work with more than one on rapid iterative experiments, could be latency constrained but not bandwidth constrained - In larger organisations, CEO or C-suite executive sponsorship is required to keep the ball moving - Harvesting, securing, storing and accessing high quality data for role-specific scenarios/permissions is key to success - C-suite and organisational alignment on business objective and success metrics is essential (eg measurability, outcomes, resourcing) vs jumping on GenAI "project" - Senior AI talent: Be judicious in hiring, quality trumps quantity of hires. Key attributes: data orientated, willingness to experiment, constant upskilling & learning Thank you DISG for the invite and to our fellow panellists from Google and DBS Bank for the opportunity to share our thoughts! Big thank you event partners Digital Industry Singapore (DISG), Enterprise Singapore Singapore FinTech Association (SFA), Monetary Authority of Singapore (MAS) and our fellow panellists Google Cloud and DBS Bank for the opportunity to knowledge share. #ArtificialIntelligence #AIinnovation #GenerativeAI #AIGovernance #DigitalIndustrySingapore

Kicking off Singapore FinTech Festival week by taking part in Design Thinking session co-organised by World Economic Forum and Cambridge Centre for Alternative Finance, Cambridge Judge Business School around the topic: "Future of Fintech in Changing Market and Investment Dynamics". A few key themes emerged: 👥  Fintech continues to support financial inclusion of underserved segments (eg low income, female, rural areas, MSMEs), esp in emerging markets 🏛️ APAC perception of regulatory environment marginally better than global average; trust (in the form of person or relationships) remains key vs software/technology 🔑 Open Banking initiatives globally continue to gain momentum; generally a mandated regulated approach leads to better outcomes vs market-led initiatives 🤖 Generative AI and AI agents are disrupting B2B SaaS models, which will need to rapidly evolve 🌎  Gen AI x renewable energy/compute power supply crunch is pressing issue; so is the need to ensure no one is left behind Also met old friends and made new ones on the sidelines of stimulating discussion! Thank you Drew Propson and Bryan Zhang for the invite. #SingaporeFintechFestival #SFF #fintech

Happy Deepavali/Diwali! As the world lights up with the glow of the festival of lights, we're reminded of the light we bring into each other's lives. A huge thank you to our Advancers for the incredible spirit and teamwork this year. For all those celebrating, may this season bring you joy, warmth, and cherished moments with loved ones. Here’s to lighting up the world, together. 🔥✨ #Diwali2024 #Deepavali2024 #LifeAtAdvance