Singapore technology enterprise lingchuang group completed a round D financing of more than US $400 million, Softbank vision fund phase II and Warburg Pincus investment

Singapore's AI technology driven technology enterprise advance Intelligence Group announced today that it had completed a round D financing of more than US $400 million. This round of financing is led by Softbank vision fund 2 and Warburg Pincus, and invested by Northstar, vision plus capital, Gaorong capital and Singapore Economic Development Authority (EDBI), etc. after the completion of the financing, the valuation of lingchuang group has exceeded US $2 billion, becoming one of the largest independent technology start-ups in Singapore. Advance Intelligence Group Founded in 2016, the group is committed to building an artificial intelligence and credit based market ecosystem and creating an intelligent technology ecosystem serving enterprises, consumers and merchants. The group's subsidiaries include atom, Asia's leading pay first platform, advance.ai, SaaS big data analysis and enterprise solution service provider, Kredit Pintar, Indonesia's largest digital credit application platform, and omnichannel E-commerce service platform ginee.