Advance Intelligence Group Valuation, Funding & Investors

Advance Intelligence Group is valued at $2B as of September 2021.

Last Advance Intelligence Group valuation

$2B

Series D · Sep 2021

Last Advance Intelligence Group funding round

$80M

Undisclosed stage · May 2023

Cumulative funding Advance Intelligence Group raised

$616M

across 5 funding rounds

Key investors in Advance Intelligence Group

  • ZhenFund
  • GSR Ventures
  • Vision Plus Capital
  • Warburg Pincus
  • Gaorong Capital
  • Northstar Group

Advance Intelligence Group Overview

About Advance Intelligence Group

Advance Intelligence Group is a Singapore-headquartered fintech company that develops AI-driven credit scoring and risk management products for consumers, enterprises, and merchants across Southeast Asia. Launched in 2016, it operates in Indonesia, Philippines, and Thailand, processing over 100 million credit assessments annually through partnerships with banks like BCA and telecoms such as Globe. The group offers services including alternative data-based lending APIs and fraud detection tools.


Founded

2016

HQ

SingaporeSingapore

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Valuation

$2B (Sep 2021)

Advance Intelligence Group Valuation

Advance Intelligence Group is currently valued at $2B, based on its Series D in September 2021.

The $400M round was led by SoftBank Group and Warburg Pincus, with participation from Gaorong Capital, Northstar Group, Vision Plus Capital and EDBI.

Advance Intelligence Group's valuation has grown 5.0x from $400M at its Series C in September 2019 to $2B in September 2021, across 2 priced rounds.

Advance Intelligence Group valuation by funding round

Advance Intelligence Group valuation by funding round
DateStageValuation
Sep 2021Series D$2B
Sep 2019Series C$400M

Advance Intelligence Group Funding History

Advance Intelligence Group has raised a total of $616M across 5 funding rounds.

Advance Intelligence Group's first fundraising round was a $6M Series A in August 2015. The most recent completed round was a $80M undisclosed-stage round in May 2023.

Advance Intelligence Group funding rounds

Advance Intelligence Group funding rounds
DateStageInvestorsRaisedValuationDeal Summary
May 2023Undisclosed stageNorthstar Group (lead); Warburg Pincus (lead)$80M-Advance Intelligence Group is a Singapore-based AI-driven fintech company founded in 2016, operating three main business lines: ADVANCE.AI (B2B AI services), Ginee (merchant platform), and Atome Financial (consumer BNPL and digital lending). It serves enterprise clients, merchants, and consumers across South and Southeast Asia, Greater China, and Latin America, with prior traction including 800 enterprise clients, 100,000 merchants, and 20 million consumers as of 2021. In May 2023, Advance Intelligence Group raised USD 80 million in a funding round led by Warburg Pincus and Northstar Group, following previous rounds: USD 50 million Series B in 2018 (Vision Plus Capital), USD 80 million Series C in 2019 (Gaorong Capital), and USD 400 million Series D in 2021 (SoftBank Vision Fund 2 and Warburg Pincus, achieving over USD 2 billion valuation). The latest round brings total funding over USD 700 million, with committed capital exceeding USD 1 billion for its credit book. The company plans to expand in Southeast Asia, deepen AI-powered financial services, and enhance BNPL, digital lending, and e-commerce offerings. It competes in the growing financial AI sector, projected to reach USD 30.9 billion by 2026, against players like FraudMetrix and NEXTDATA.
Sep 2021Series DSoftBank Group (lead); Warburg Pincus (lead); Gaorong Capital; Northstar Group; Vision Plus Capital; EDBI$400M$2BAdvance Intelligence Group, a Singapore-based tech unicorn, operates in financial technology with business units including ADVANCE.AI for AI-driven risk management and fraud prevention, Atome Financial for buy now pay later (BNPL) and digital lending services, Atome as a leading BNPL platform partnering with over 1,000 retail brands across Asia Pacific, and Kredit Pintar. The company has helped over 10 million consumers access credit in the region, focusing on verticals like fashion, beauty, homeware, lifestyle, and travel. It has raised over $616M to $700M across multiple rounds, securing committed capital exceeding $1B for its credit book. The specified Series D round on September 23, 2021, matched investors including SoftBank Vision Fund and Warburg Pincus as leads, alongside EDBI, Gaorong Capital, Northstar Group, and Vision Plus Capital, with a post-money valuation of $2B. A follow-on Series D-II raised $80M on May 3, 2023. The company acquired Jewel Paymentech on July 18, 2022, and made investments such as $4.7M seed in Utown on March 16, 2023. Competitive context positions it against fintechs like ShopBack ($75.8M revenue, $395M funding) in BNPL and digital finance, within a broader tech services landscape in Southeast Asia. Latest updates include $80M raise in 2023, maintaining unicorn status at ~$2B valuation.
Sep 2019Series CGaorong Capital (lead); Pavilion Capital (lead); ZhenFund; Vision Plus Capital; GSR Ventures; eGarden Ventures$80M$400MAdvance Intelligence Group, founded in 2016 and based in Singapore, is an AI-driven fintech company operating three main business lines: ADVANCE.AI for B2B AI services, Ginee as a merchant platform, and Atome Financial targeting consumers. It leverages big data and AI to offer financial products, fraud detection, credit scoring, e-KYC, and operational efficiency solutions primarily in Southeast Asia, serving banking, fintech, telecom, and retail sectors. The company had over 300 enterprise customers across Singapore, Indonesia, Vietnam, the Philippines, and India at the time, with flagship products like ADVANCE Guardian achieving strong results against global benchmarks. In September 2019, Advance Intelligence Group (also referred to as Advance.ai) raised USD 80 million in a Series C funding round led by Gaorong Capital and Pavilion Capital, with participation from eGarden Ventures, Unicorn Venture, GSR Ventures, and Vision Plus Capital. The funds were earmarked for regional expansion across Asia and increased investment in R&D for AI innovations like computer vision and natural language processing tailored to Southeast Asia. This followed a USD 50 million Series B in 2018 led by Vision Plus Capital. The company has since raised additional rounds, including a USD 400 million Series D in 2021 led by SoftBank Vision Fund 2 and Warburg Pincus, and another USD 80 million in 2023 led by Warburg Pincus and Northstar Group, totaling over USD 616 million across multiple rounds. It has served 700+ enterprise clients, 200,000+ merchants, and 30+ million consumers, positioning itself in the growing financial AI sector projected to reach USD 30.9 billion in valuation.
Jul 2018Series BZhenFund; Provident Capital; Vision Plus Capital; GSR Ventures; Farallon Capital Management$50M-Advance Intelligence Group is a Singapore-based AI-driven technology company founded in 2016 that provides digital transformation, fraud prevention, and process automation solutions. The company operates through three main business units: ADVANCE.AI (enterprise KYC/fraud prevention and risk management), Atome Financial (digital consumer financing), and Ginee (e-commerce merchant services platform). The company serves 500+ enterprise clients, 235,000 merchants, and 40 million consumers across Asia, having disbursed over $4 billion in loans since inception. By November 2021, the company had grown to 1,500 employees across 13 offices in 11 markets. In September 2021, Advance Intelligence Group achieved a valuation of $2 billion, backed by investors including SoftBank Vision Fund 2, Warburg Pincus, Northstar Group, Standard Chartered Bank, and Singapore's EDBI. The company's subsidiary Atome Financial demonstrated strong profitability trajectory, with operating income doubling to $170 million in 2023 and reaching $236 million in full-year 2025, representing a 63% year-on-year increase.
Aug 2015Series AAnalog Capital; ZhenFund; Alex Jiang; GSR Ventures$6M--

Who has invested in Advance Intelligence Group?

14 investors have backed Advance Intelligence Group across its funding rounds, including ZhenFund, GSR Ventures, Vision Plus Capital, Warburg Pincus, Gaorong Capital and Northstar Group.

Lead investors include Northstar Group, Warburg Pincus, SoftBank Group, Gaorong Capital and Pavilion Capital.


Advance Intelligence Group Investors

Investors in Advance Intelligence Group by funding rounds participated
InvestorHQRoundsRoleFirst check
ZhenFundChinaBeijing3ParticipantAug 2015
Vision Plus CapitalChinaHangzhou3ParticipantJul 2018
GSR VenturesUnited StatesSan Francisco, CA3ParticipantAug 2015
Gaorong CapitalChinaBeijing2LeadSep 2019
Northstar GroupSingaporeSingapore2LeadSep 2021
Warburg PincusUnited StatesNew York City, NY2LeadSep 2021
Analog CapitalSingaporeSingapore1ParticipantAug 2015
Provident CapitalIndiaGurgaon1ParticipantJul 2018
SoftBank GroupJapanTokyo1LeadSep 2021
Alex JiangChinaChina1ParticipantAug 2015
EDBISingaporeSingapore1ParticipantSep 2021
Farallon Capital ManagementUnited StatesSan Francisco, CA1ParticipantJul 2018

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Acquisitions by Advance Intelligence Group

Advance Intelligence Group has acquired 1 company to date.

Last acquisition by Advance Intelligence Group was on July 18th 2022. Advance Intelligence Group acquired Jewel Paymentech for undisclosed valuation.


Latest Acquisitions by Advance Intelligence Group

Jewel Paymentech
Description
Jewel Paymentech is a Singapore-headquartered FinTech arm of ADVANCE.AI specializing in merchant risk management for payment acquirers and processors. Launched in 2014, its One Sentry platform automates brand risk, fraud detection, and compliance monitoring using AI models trained on 10 billion transactions. Services extend to issuers and merchants in Southeast Asia and Australia.
HQ CountrySingapore
HQ City
Singapore
Deal Date18 Jul 2022
Valuationundisclosed
EV/Revenue
EV/EBITDA

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Investments by Advance Intelligence Group

Advance Intelligence Group has invested in 2 companies to date.

Latest investment by Advance Intelligence Group was on January 8th 2024. Advance Intelligence Group invested in Atome in their $31M Strategic investment round.


Latest Investments by Advance Intelligence Group

Atome
Atome
Atma
Description
Atome is a Singapore-headquartered Buy Now Pay Later platform operating across Southeast Asia, including Indonesia, Malaysia, and the Philippines. Backed by Advance Intelligence Group, it partners with over 10,000 merchants like Shopee and Sephora to let customers split purchases into three interest-free installments. Launched in 2019, Atome processes millions in transactions annually, focusing on fashion, beauty, and electronics categories.
Atome is a Singapore-headquartered Buy Now Pay Later platform operating across Southeast Asia, including Indonesia, Malaysia, and the Philippines. Backed by Advance Intelligence Group, it partners with over 10,000 merchants like Shopee and Sephora to let customers split purchases into three interest-free installments. Launched in 2019, Atome processes millions in transactions annually, focusing on fashion, beauty, and electronics categories.
Atma is an Indonesia-based social job platform connecting job seekers and employers through community-driven recommendations. Operating primarily in Jakarta, the service facilitates hiring in tech, creative, and service industries with features for verified profiles and peer endorsements.
HQ CountrySingaporeSingaporeIndonesia
HQ City
Singapore
Singapore
Jakarta
Deal Date8 Jan 20244 Jul 20228 May 2022
RoundStrategic investmentStrategic investmentPre-seed
Raised$31M$45M$5M
Investors--MMS Group; Ula; Lummo; Kopi Kenangan; Global Founders Capital; AC Ventures; Goto Gojek Tokopedia; Sampoerna Strategic
Valuationundisclosedundisclosedundisclosed
EV/Revenue
EV/EBITDA

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Advance Intelligence Group Competitors

Advance Intelligence Group competitors include listed companies like Haizhi and Ncino, and private ones like AIsphere, EvenUp, Feedzai and Hive.

Public and private companies comparable to Advance Intelligence Group
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
AIsphereChinaBeijingPrivate$40M-$2B50.0x
EvenUpUnited StatesSan Francisco, CAPrivate--$2B-
FeedzaiPortugalCoimbraPrivate--$2B-
HiveUnited StatesSan Francisco, CAPrivate$67M$6M$2B29.9x
HaizhiChinaChinaPublicly listed$93M($30M)$2.1B16.3x
NcinoUnited StatesUnited StatesPublicly listed$595M$65M$2.3B4.0x

Advance Intelligence Group Public Comps

Advance Intelligence Group is still privately-owned, but its public comps include Zip, EZCORP, Haizhi, Shawbrook Group, Stanbic IBTC Holdings, Ncino, Affle 3i, C3.ai, Pagaya and CreditAccess Grameen.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Zip$951M$296M3.8x3.6x12.2x18.3x
EZCORP$1.3B$188M1.9x1.5x13.0x8.9x
Haizhi$93M($30M)21.5x16.3x(67.1x)(440.4x)
Shawbrook Group$924M-2.3x2.2x--
Stanbic IBTC Holdings$669M-2.7x2.0x--
Ncino$595M$65M4.3x4.0x39.0x15.8x
Affle 3i$282M$67M7.4x6.7x31.3x29.5x
C3.ai$250M($484M)4.3x4.5x(2.2x)(6.2x)

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Common questions about Advance Intelligence Group

When was Advance Intelligence Group founded?Advance Intelligence Group was founded in 2016.
Where is Advance Intelligence Group headquartered?Advance Intelligence Group is headquartered in Singapore, Singapore.
Is Advance Intelligence Group publicly listed?No, Advance Intelligence Group is a private, VC-backed company.
What is Advance Intelligence Group's valuation?Advance Intelligence Group was last valued at $2B in its Series D in September 2021.
How much funding has Advance Intelligence Group raised?Advance Intelligence Group has raised $616M across 5 funding rounds.
What was Advance Intelligence Group's last funding round?Advance Intelligence Group's last funding round was a $80M undisclosed-stage round in May 2023, led by Northstar Group and Warburg Pincus.
Who are Advance Intelligence Group's investors?Advance Intelligence Group's investors include ZhenFund, Vision Plus Capital, GSR Ventures, Gaorong Capital, Northstar Group, Warburg Pincus, Analog Capital, Provident Capital, SoftBank Group, Alex Jiang and 4 others.
Which companies are comparable to Advance Intelligence Group?Companies comparable to Advance Intelligence Group include AIsphere, EvenUp, Feedzai, Hive, Haizhi and Ncino.
How many companies has Advance Intelligence Group acquired?Advance Intelligence Group has acquired 1 company, including Jewel Paymentech.
How many companies has Advance Intelligence Group invested in?Advance Intelligence Group has invested in 2 companies, including Atome and Atma.
What was Advance Intelligence Group's last investment?In January 2024, Advance Intelligence Group invested in Atome's $31M strategic investment round.

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