Overview
campaign deal type
Equity
available equity
4%
price per share
ZAR 1,000
1768
available shares
investment term
5 Years
targeted return
3.05X Money
targeted rate of return
45.17%
Raised
0
Investors
Targeted Return
3.05X Money
Business valuation
ZAR 47,762,250
The Problem
The growing problem of missed payments is becoming increasingly urgent, with 68% of delinquencies caused by preventable factors like forgetfulness (35%) and emergencies (33%). Alarmingly, global credit losses in the banking sector are projected to rise in 2024-2025, according to S&P Global Ratings. Despite these challenges, traditional debt collection methods remain ineffective—reactive, costly, and offering poor customer experiences. The situation is critical, as 30-50% of individuals in many countries face financial distress, and 55% of adults in low and middle-income nations are financially fragile, according to the World Bank. Without innovative, proactive solutions, these preventable delinquencies will continue to escalate, further straining financial systems and increasing credit losses worldwide.
The Solution
SimONE is an AI-powered chatbot revolutionizing debt prevention and collection with a proactive, customer-friendly approach.
> Proprietary Technology: Outperforms traditional debt collection methods with advanced AI capabilities.
> Pre-Delinquency Engagement: Initiates collections early to assess payment intent and address challenges before they escalate.
> Seamless Payment Integration: Features an in-chat payment gateway for convenience.
> Higher Effectiveness: Achieves 3X higher Right-Party Contact Rates.
> Accessible on WhatsApp: Ensures wide customer reach and ease of use.
> Science-Driven: Incorporates behavioral-change strategies to encourage timely payments.
> Customer-Centric: Loved by consumers for its personalized, empathetic approach.
SimONE not only prevents delinquencies but also improves customer experiences while reducing operational costs for creditors.
As the founder of an award-winning AI startup, I have dedicated my career to proactively identifying and assisting financially fragile customers to avoid payment defaults. With 17 years of advisory experience across multiple sectors in financial services, including credit lending, fund management, employee benefits, and insurance, I am deeply passionate about financial inclusion and wellness. At Ubiquity AI, we are tackling the challenge of customer financial fragility head-on with a groundbreaking AI solution. Our technology proactively identifies financially-fragile customers before they default and automates alternative customer-centric solutions to avoid default. By eliminating the stigma of financial fragility and the need for people to reach out for assistance before it’s too late, our tech helps FSPs aggressively manage impairment risk and persistency. Ubiquity AI has attracted a global team of of experts in AI, blockchain, financial regulation, lobbying, customer engagement, content operations and Large Language Models. Our solution not only helps maintain financial stability and improve profitability but also satisfies regulatory requirements, ensuring the long-term viability of financial services providers. At Ubiquity AI, we are committed to making a positive impact on the financial industry and improving the lives of consumers.
Karen is a renowned business owner, and has started, ran and sold several business, including an Accounting Franchise where she mentored and assisted over 50 accountants to build successful practices. In her Accounting Practice she assisted hundreds of business owners with financial planning geared towards business growth.
The Team
Raised
ZAR
0
Targeted Return
3.05X Money
Business valuation
ZAR 47,762,250
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