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Fintech start-up ADVANCE.AI appoints Dennis Martin as new chief executive officer for credit reporting business

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Azunta Gaviola

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4 months ago

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Singapore – Digital identity verification, compliance, and risk management solutions provider ADVANCE.AI has recently announced the appointment of industry veteran Dennis Martin as its new chief executive officer for credit reporting business.

With more than 20 years of industry expertise, Dennis is set to lead the startup’s headquarters in Singapore and its strategic initiatives aimed at fostering growth in the credit reporting business.

Prior to his current position, he served as the group CEO of CTOS Digital in Malaysia, supervising a comprehensive range of credit and risk management solutions used by various sectors. This includes banking and financial institutions, insurance, telecommunications companies, large corporations, and SMEs.

He also held a managing director position at Experian Southeast Asia and Dun and Bradstreet New Zealand and further played a role on the boards of multiple credit bureaus, serving as the chairman of the Philippines’ CIBI.

Speaking about the appointment, Martin shared, “The credit reporting industry is a crucial facilitator of economic growth. By providing companies and individuals with the necessary tools to make informed decisions and access to credit, it advances financial, digital, and economic inclusion across the region, especially in Southeast Asian emerging markets such as the Philippines and Indonesia.”

“I’m very aligned with this mission and feel privileged to be entrusted with leading ADVANCE.AI’s credit reporting business across the region,” he added.

Shou Dong, CEO at ADVANCE.AI, further commented, “I’m delighted to welcome Dennis to lead our regional credit reporting business. Our core mission is dedicated to advancing digital and financial inclusion across the region, and we have been offering credit scoring solutions in the markets we operate in since our beginning.”

“The core of our business relies on AI technology to derive intelligence from credit-related data and offer solutions that support financial services, e-commerce, and related industries to digitally and accurately onboard and provide access to affordable and risk-managed credit to the unbanked and underbanked. Dennis’ industry experience and experience are pivotal to our strategic growth,” ended Shou.

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