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AI & Enterprise

Affinit starts selling insurance products in India, expands AI finance platform

Affinit, formerly Balancehero, said on Tuesday it has started selling insurance products in India through its AI finance platform True Balance. The company said it is combining insurance with its existing services such as payments, small loans and credit scoring to strengthen a “daily-life financial safety net” and broaden financial inclusion. True Balance users can receive recommendations for Turtlefin insurance products and sign up within the app.

Finance

Korean fintech firms step up IPO push on growth and technology

Korean fintech companies are accelerating initial public offering plans, highlighting growth and technological capabilities. Industry interest is picking up after K Bank succeeded in listing on the KOSPI. Possible next candidates include Viva Republica, BankSalad, Korea Credit Data and HabitFactory, while Hanpass is preparing a KOSDAQ listing. Companies are also pointing to profitability, security and system stability as key conditions for successful listings.