Revolutionizing Credit Risk Models with AI: zypl.ai’s Partnership with Plug and Play in Saudi Arabia

zypl.ai, a cutting-edge smart financial technology company, has received an investment from Plug and Play, a leading innovation accelerator based in Silicon Valley. The goal of this partnership is to revolutionize credit risk models through the use of AI-driven data analytics. With its innovative approach, zypl.ai is able to score creditworthiness of non-banking and informal sector customers in Saudi Arabia using alternative data analysis techniques.

This collaboration between Plug and Play and zypl.ai highlights the commitment to fostering innovation in the financial services industry. It also marks a significant step towards zypl.ai’s global expansion and growth. Abdullah Alakeel, Plug and Play’s Regional Director in Saudi Arabia, views this partnership as a way to empower local entrepreneurs and reshape the innovation landscape in the country.

As CEO and Founder of zypl.ai, Azizjon Azimi envisions rapid technological advancements and company expansions in Saudi Arabia with the support of Plug and Play. With a strong presence in Saudi Arabia, zypl.ai aims to transform loan processes worldwide through its AI-driven data application, leveraging programs like the MISK accelerator for further growth opportunities.

Plug and Play plays an important role as an innovation catalyst globally, providing startups with the resources they need to succeed with its network of 50 locations worldwide. The partnership with zypl