ABACUS enables banks to optimize their decision-making processes and improve their core operations. With ABACUS, banks can select good/bad customers and offer customized interest rates/loan volumes, or select good target customers to offer additional loans. They can also develop optimized churn prevention strategies by predicting which customers are highly likely to pay in advance.
Wooribank, one of the leading banks in South Korea holding $300B of asset, is actively implementing ABACUS into its multiple departments, including product development, sales and marketing, risk management, etc
Total Funding: $4,200,000
Funding Stage: Series B
Business Stage: Scaling Up
Market: B2B
Company Size: 26 to 50
Founded: 2016
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