Mongolia –– AND Solutions Pte. Ltd. (“AND Solutions”), a part of the AND Global Pte. Ltd. group companies, has reached an agreement with Global Trust Networks Co., Ltd. (“GTN”), to supply proprietary, cutting-edge financial technology.
AND Solutions will be providing custom-built credit scoring products for GTN, the leading establishment in Japan specializing in services for foreigners residing in Japan. The deal will be the technology provider AND Solutions’ first in Japan, and the solutions provided by the company will bring smoother and faster client services to GTN’s consistently expanding customer base.
GTN’s portfolio of services cover rent debt guarantee specialized for foreigners, real estate rental brokerage, life support business, communication business, human resources introduction business, credit card business, etc. The company has multiple branches in Japan as well in several countries across the world, and boasts a monthly resolution rate of more than 97 percent.
AND Solutions’ parent company AND Global closed its Series A funding round after securing investment from and launching a global open alliance with Marubeni Corporation and SBI Holdings. The Mongolia-born Singaporean startup offers “Fintech as a Service” (“FaaS”) – fintech solutions and implementation support, helping (a) financial institutions (such as banks and non-bank financial institutions) to integrate AI-powered credit scoring system, digital wallet, e-commerce, electronic payment and digital lending systems into their existing and new businesses through Open API; and (b) financial & non-financial institutions (such as telecommunication providers and retailers) to build their own digital ecosystem.
About AND Solutions Pte. Ltd.
Founded: January 2020
AND Solutions Pte. Ltd. is the international expansion arm of the Singapore-registered fintech startup AND Global Pte. Ltd. The company was founded in January of 2020 and offers “Fintech-as-a-Service” products of varying customization to clients globally, in industries including finance and telecommunications.
About Global Trust Networks Co., Ltd.
Founded: July 2006
Since founding, Global Trust Networks have specialized in services for foreigners in Japan and provide comprehensive support for living, including the improvement of the living environment. Focusing on the rent debt guarantee business, the company develops a wide variety of unique services such as real estate brokerage, life support, employment support, mobile phones, and credit cards. The team consists largely of foreign nationals, integrating a deep understanding of cultural differences between our clients and the locals.