Set to launch across the Asia-Pacific region later this year, Singapore-based CrediLinq.ai are focused on creating an inclusive, accessible and digital-first SME lending experience for underserved borrowers, built on AI-generated credit scores. The deal will see CrediLinq.ai use Validis’ single API to access and analyze accounting data – helping speed up the underwriting process, enable faster access to funding for SMEs, reporting and transparency to investors and ongoing monitoring of loans.

CEO and Founder of CrediLinq.ai, Deep Singh said: “We are at an exciting part of our journey at CrediLinq.ai and nearing the launch of our game-changing credit lending platform. Choosing the best technology partners to help deliver the best digital-first experience is integral to our vision of delivering fast and accessible growth capital to SMEs in the region, whilst minimizing risk to investors – Validis will be a key enabler of this – they have unrivalled experience in this space, with the broadest accounting data coverage and richest insights in the market.”

Paul Thomas, CEO of Validis said: “CrediLinq.ai are an exciting new entrant with ambitious plans to disrupt the SME lending space. They’re reimagining the credit underwriting process with their AI and machine learning platform and I’m delighted that we’ve been chosen to support Deep and the wider CrediLinq.ai team – providing access to on-demand accounting data through our API will deliver the rich insight needed to power their credit analysis process and help make fast and smart lending decisions for an underserved SME community”.