Ant International announced its strategic initiative to provide AI-driven credit technology solutions designed to empower local partners and advance financial inclusions in Brazil.

Ant International has formed a strategic partnership with Dock, a payments and banking technology provider in Latin America.

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 recent years, Brazil has made significant progress in financial inclusion. However, there’re still opportunities to further support MSMEs and financially constrained groups. In response, Brazil is actively encouraging the digital transformation and innovation of financial services to boost financial accessibility.

Since 2022, Dock has been amplifying the conversation in the market about the need for a new credit paradigm, which considers the particularities of Brazil. 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 better support underserved businesses and communities. We believe in the power of collaboration in promoting financial inclusion and are exploring more partnerships with industry leaders in the region.”

Featured image credit: edited from freepik