fahaicc.com
AI-powered credit risk management platform for banks.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor | €0.0 | round | |
| N/A | $2.9m | Series A | |
| Total Funding | 000k | ||
Fahaicc, officially Beijing Fahaizhiyuan Technology Co., Ltd., is a technology company based in Beijing, China, that has developed a credit risk management platform for the banking sector. Founded in 2014 by Gao Qiang, the company provides tools to assist financial institutions with loan inquiries, approvals, assessments, and post-loan monitoring.
The platform's core functionality relies on artificial intelligence to assess risk. It aggregates and verifies information from numerous sources to provide comprehensive data points. The system tracks information on blacklisted firms, industrial and commercial registrations, news media reports, environmental approvals and penalties, food and drug supervision, recruitment data, and mortgage pledges. This multi-channel data collection enables banks to make more informed decisions throughout the loan lifecycle.
The company completed a Series A funding round on May 11, 2017, with Sequoia Capital China as the investor. Fahaicc operates in the financial technology market, serving banks by helping them streamline their credit risk management processes.
Keywords: credit risk management, financial technology, AI risk assessment, loan monitoring, bank technology, data verification, post-loan monitoring, loan approval system, financial data aggregation, Sequoia Capital China, Gao Qiang, corporate due diligence, compliance, regtech, financial risk, loan origination