# FinbotsAI

> FinbotsAI is a Singapore-headquartered fintech that builds AI-powered credit risk software for banks and lenders. Its flagship no-code platform, CreditX, lets risk teams create, validate and deploy custom credit scorecards in about a day instead of the industry-standard nine to twelve months. Founded in 2017 and backed by a US$3M Series A from Accel, the company serves lenders across roughly a dozen markets in Asia and MENA, and was among the first fintech solutions worldwide to complete Singapore's MAS Veritas and AI Verify governance frameworks.

- **Founded:** 2017
- **Headquarters:** Singapore, Singapore
- **Founders:** Sanjay Uppal (Founder & CEO), Bala Iyer (Co-Founder), Deeba Kazmi (Co-Founder & Chief Data Scientist)
- **Team size:** ~28 employees
- **Products:** CreditX, TargetX, Decision Engine / Business Rules
- **Notable:** Named Best Credit Modelling Solution at the FinTech Awards 2023 by Wealth & Finance International., Among the first fintech solutions globally to complete Singapore's MAS Veritas responsible-AI assessment., Among the first to complete AI Verify, the world's first AI governance testing framework and toolkit (developed by IMDA and PDPC).

## Products & services

- **CreditX** — A no-code, cloud-based AI credit modelling SaaS platform that ingests internal, external and alternate data, then automatically builds, validates and deploys custom scorecards for application, behaviour and collections scoring - reducing time-from-data-to-deployment from months to hours, with 100+ auto-derived variables, explainability and one-click API deployment.
- **TargetX** — A propensity modelling product that helps lenders identify and target the customers most likely to respond to and qualify for credit offers.
- **Decision Engine / Business Rules** — A real-time decisioning and business-rules layer that operationalises scorecards, returning credit decisions in under 0.03 seconds via API.

## Achievements

- Named Best Credit Modelling Solution at the FinTech Awards 2023 by Wealth & Finance International.
- Among the first fintech solutions globally to complete Singapore's MAS Veritas responsible-AI assessment.
- Among the first to complete AI Verify, the world's first AI governance testing framework and toolkit (developed by IMDA and PDPC).
- Reported >20% increase in approval rates and >15% reduction in loss rates for lenders on CreditX.
- Deployed with lenders across roughly a dozen countries in Asia and MENA.
- Raised its first external capital - a US$3M Series A - from Accel in 2022.

## Latest updates

- **2024-06** — Partnered with Fintech Galaxy to launch open-banking credit scoring across the MENA region via the FINX Connect API platform.
- **2023-06** — Completed AI Verify, the world's first AI governance testing framework and toolkit developed by Singapore's IMDA and PDPC.
- **2023-01** — Named Best Credit Modelling Solution at the FinTech Awards 2023.
- **2022-05** — Announced KBZ Bank, Myanmar's largest privately owned bank, as a CreditX client.
- **2022-04** — Raised a US$3M Series A from Accel, its first external investment.

## Links

- Website: https://finbots.ai
- LinkedIn: https://www.linkedin.com/company/finbots-ai-pte-ltd
- Twitter/X: https://twitter.com/finbotsai
- Facebook: https://facebook.com/FinbotsArtificialIntelligence/

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Profile page: https://yespress.io/finbotsai
Published by YesPress — https://yespress.io
Last updated: 2026-07-28