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Ant International & Dock team to advance financial inclusion in Brazil

By Gloria Mathias

September 02, 2024

  • AI-driven credit technology solutions
  • Ant International
  • Antom
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Ant International, MultiSafepay, Antom, Pay by Bank, One Click Payment, FinTech, Europe, Dock, Financial  Inclusion Brazil, MSME, Credit Tech Solutions, Ant International has announced its strategic initiative with Dock, a payments and banking technology company in Latin America, to provide AI-driven credit technology solutions designed to empower local partners and advance financial inclusion in Brazil.

This collaboration aims to enhance the credit management capability and infrastructure efficiency for Dock’s clients, which include financial institutions, retailers, fintech start-ups, etc. The shared vision is to make credit services more inclusive for market segments that are currently insufficiently served, such as micro, small and medium-sized enterprises (MSMEs).

In the initial phase of the collaboration, Ant International’s AI-driven credit tech solutions, including an automated and intelligent risk management engine, will be explored for integration into the Dock One platform. This initiative aims to strengthen Dock’s offerings in credit operations and infrastructure. By adopting these advanced solutions, clients are expected to optimize their credit decision processes, increase underwriting efficiency and reduce costs.

By combining Ant International’s advanced credit tech solutions with Dock’s operational expertise and strong market presence, this partnership will elevate the services Dock delivers to local institutions, helping them strengthen credit operations and optimize infrastructure.

“Ant International is the partner we were looking for to materialize our financial inclusion goals. As we do on all our fronts of action, we seek partners who provide the most advanced technologies on the market and allow us to deliver this to our clients, integrating this technology on our platform Dock One. We will use technology to challenge the status quo in this sense and make credit more accessible,” explains Antonio Soares, CEO of Dock. “Our intention is, together with Ant International, to put solutions on the market that will significantly expand access to credit and take us to the next step of financial inclusion.”

“Brazil is leading the way in financial innovation and inclusion, and Ant International is excited to team with Dock in this dynamic market,” said Quan Yu, General Manager of Global Credit Tech, Ant International. “The partnership underscores our commitment to broadening financial accessibility and availability by providing local institutions with AI-driven technologies to support underserved businesses and communities better.”

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