ADVANCE.AI appoints Dennis Martin as CEO to lead credit reporting business

By Gloria Mathias

ADVANCE.AI, Southeast Asia’s provider of digital identity verification, compliance, and risk management solutions, has appointed Dennis Martin as CEO of its credit reporting business.

Martin has 25 years of leadership experience in the global credit reporting industry and was previously the Group CEO of CTOS Digital in Malaysia, overseeing a complete portfolio of credit and risk management solutions and services widely used by banking and financial institutions, insurance, telcos, large corporations, and SMEs.

Previously, he was also managing director of Experian Southeast Asia and Dun & Bradstreet New Zealand and sat on the boards of several credit bureaus, including as chairman of the Philippines’ CIBI.

“The credit reporting industry is a crucial facilitator of economic growth. By providing companies and individuals with the necessary tools to make informed decisions and access to credit, it advances financial, digital, and economic inclusion across the region, especially in Southeast Asian emerging markets such as the Philippines and Indonesia. I’m very aligned with this mission and feel privileged to be entrusted with leading ADVANCE.AI’s credit reporting business across the region,” said Martin, who will be based in the startup’s Singapore headquarters.

“I’m delighted to welcome Dennis to lead our regional credit reporting business. Our core mission is dedicated to advancing digital and financial inclusion across the region, and we have been offering credit scoring solutions in the markets we operate in since our beginning,” said Shou Dong, CEO of ADVANCE.AI.

“The core of our business relies on AI technology to derive intelligence from credit-related data and offer solutions that support financial services, eCommerce as well as related industries to digitally and accurately onboard and provide access to affordable and risk-managed credit to the unbanked and underbanked. Dennis’ industry experience is pivotal to our strategic growth,” he added.

ADVANCE.AI headquartered in Singapore, currently partners with 500+ enterprise clients across banking, financial services, FinTech, payment, retail, and eCommerce sectors.