Big data, AI-based risk management startup IceKredit raises $25m

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Shanghai-based credit assessment and risk control intelligence firm IceKredit Inc said it has raised nearly $25 million in pre-Series B financing round, which was led by YOOZOO Network.

IceKredit, which uses big data and artificial intelligence in assessing risks, also saw YongRui Investment and other previously participating investment companies joining the latest funding round.

The pre-Series B round brings IceKredit’s total funding to over $50 million in less than three years. It has previously received funding from FreeS Captial, Yunqi Captial, China Creation Ventures, Lingfeng Capital and others.

“This successful Series Pre-B capital financing serves as an affirmation from the capital market, endorsing IceKredit’s continuous development and innovative practice in…

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