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IceKredit Raises $US33 Million in Series C1 Funding

SHANGHAI, Nov. 24, 2020 /PRNewswire/ — Leading AI powered platform for business IceKredit announced the closing of its series C1 round of funding, raising US $33 million, led by Guoxin Venture Investment with participation from Guohe Capital, Yunqi Partners, and China Creation Ventures. The funds will be used for expanding IceKredit’s development team, investments and acquisitions, and improving its business ecosystem.

Founded in 2015, IceKredit is an AI powered platform providing comprehensive risk mitigation solutions to individuals and financial institutions using artificial intelligence technology and big data.

IceKredit provides financial institutions with end-to-end risk mitigation solutions including anti-fraud and improved credit decisions. IceKredit’s key services are its proprietary machine learning algorithms, standard personal and business credit scores, customizable credit risk modeling, and AI powered platform. IceKredit’s latest product, backed by their proprietary knowledge storage, modeling, mining, and analytics techniques, is helping financial institutions mitigate credit risks in the business lending space. Read more…..

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