Money Lending Business

Our Group’s money lending business was commenced in 2015 by a wholly-owned subsidiary with a money lenders licence and has developed into a major segment for our Group's development in the future. As one of the key segments of our Group’s diversification strategy over the income streams, its money lending business had been distributed increasing amount of funds for its expansion for providing diversified loan services.

Its brand “Funki Finance” has been growing rapidly. With brand recognition and market share in the industry steadily increasing, its business scale and customer base continued to expand. Positioned as a fintech company, Funki Finance has further strengthened its technological capabilities by introducing deep learning algorithms to build dynamic credit scoring models, which enable real-time integration of multi-source data, optimising the accuracy of risk assessment. By deploying an AI-powered fully automated loan approval system, the loan vetting and approval process became significantly efficient.

Funki Finance established an AI-powered predictive analytics platform utilizing time series models to anticipate market fluctuations, thereby further reducing capital mismatch risks. Management prioritised credit management enhancements through a machine learning-based customer profiling system that automates credit decision-making. Additionally, the deployment of a risk monitoring dashboard with anomaly detection algorithms has enabled proactive identification of high-risk loans receivable, accelerating early warning timelines for overdue payments.

Visit us at https://www.funki.com.hk.