Ant International’s Bettr unit launched an AI-driven accounts receivable financing solution to help global e-commerce platform vendors gain rapid and secure access to working capital as year-end demand builds.
The product is designed for small and medium-sized businesses that often face difficulties obtaining financing during peak retail periods.
It provides fast, flexible, and reliable funding to cover inventory, marketing, and operational costs.
Bettr’s system analyses vendor-provided data such as invoices, sales history, and customer ratings to instantly produce a precise credit risk assessment and generate loan offers tailored to each seller’s needs.
The platform also incorporates competitive market rates and an efficient application process.
To ensure security, it continuously monitors transactions in real time, identifies and prevents fraudulent activities, and conducts ongoing risk assessments in line with compliance requirements.
“Our goal is to give the vendors the financial agility they need to capitalise on a massive opportunity. By integrating our alternative data-powered credit assessment and risk management directly into the e-commerce ecosystem, we can quickly approve and disburse funds.
This is a game-changer for small and medium-sized businesses looking to scale quickly and meet demand.”
said Quan Yu, General Manager of Credit Services, Ant International.
Featured image: Edited by Fintech News Singapore, based on image by DeKreatif.id via Freepik
