Project

Providing credible investment opportunities for institutional investors, based on comprehensive and multi-dimensional risk management system

Project Summary

To achieve Fin2B's aim to provide competitive discount rate for SMEs, it is important to attract a large pool of investors. Thus Fin2B system needs to provide assurance and necessary tools for investors. These includes, credit risk early warning system, limit setting and real-time monitoring tools, investment management, bidding-based Investment and credit scoring and risk-based pricing.

Business Model

Fin2B is a Fin-tech company providing innovative financial solutions centering on Supply Chain Finance (SCF) area and aims to contribute to the future of SMEs. In particular, Fin2B has created account receivable trading platform where SMEs are able receive efficient short-term financing from institutional investors to based on receivables issued by large enterprises.

Fin2B platform validates the receivables by interfacing with the ERP system of the large enterprise and the tax invoice database of government. Fin2B also digitized all entire processes such as the transfer of the receivables and the notification procedure so that the application process is completed within 5 minutes without further requirement for additional documents. This enables funding at lowering transaction costs as well as quick payments within 24 hours of request.

Main Achievements

Achievements of Fin2B to protect and provide necessary tools for investors as following
• Legally valid electronic contracting process
• The highest level of security process for API interfaces with financial institutions
• Accounts receivable verified through ERP and governmental electronic tax invoices database
• Global system that can accommodate multiple language, regulation, accounting practices