– Plug and Play invests in zypl.ai, a smart financial technology startup, to advance credit risk models through AI-driven data analytics.

– zypl.ai’s innovative approach enables credit scoring for non-banking and informal sector customers in Saudi Arabia, leveraging alternative data analysis.

– The partnership signifies Plug and Play’s commitment to fostering innovation in financial services and propelling zypl.ai’s global expansion.

Innovation catalyst Plug and Play invests in zypl.ai, an emerging force in smart financial technology, focusing on revolutionizing credit risk models through AI-driven data analytics.

zypl.ai’s innovative approach enables credit scoring for non-banking and informal sector customers in the Middle East, particularly in Saudi Arabia, by harnessing alternative data analysis.

Abdullah Alakeel, Plug and Play’s Regional Director in Saudi Arabia, highlights the partnership’s role in empowering local entrepreneurs and reshaping Saudi Arabia’s innovation landscape.

Azizjon Azimi, CEO and Founder of zypl.ai, envisions accelerated technology enhancements and company expansions in Saudi Arabia, propelled by Plug and Play’s support.

With a strong foothold in Saudi Arabia, zypl.ai aims to revolutionize loan processes globally with its AI-driven data application, leveraging the support gained through programs like the MISK accelerator.

Plug and Play’s global innovation platform, headquartered in Silicon Valley, California, fosters technological progress worldwide, providing startups with resources and networking opportunities across 50 locations globally.

The partnership underscores Plug and Play’s commitment to facilitating meaningful connections and driving innovation in financial services, propelling zypl.ai’s growth to unprecedented levelsPlug and Play invests in zypl.ai to spread financial technology in Saudi.