Ant International partners with Dock to advance financial inclusion in Brazil
Ant International, a leader in digital payments and financial technology, has announced a new strategic initiative to provide AI-driven credit technology solutions aimed at empowering local partners and enhancing financial inclusion in Brazil. As a significant milestone, Ant International has partnered with Dock, a leading payments and banking technology provider in Latin America. This collaboration is set to enhance credit management capabilities and infrastructure efficiency for Dock’s clients, including financial institutions, retailers, fintech start-ups, and more. The shared vision of both companies is to make credit services more inclusive for underserved market segments, such as micro, small, and medium-sized enterprises (MSMEs).
In the initial phase, Ant International’s AI-driven credit tech solutions, including an automated and intelligent risk management engine, will be explored for integration into Dock’s Dock One platform. This initiative aims to strengthen Dock’s credit operations and infrastructure offerings. By adopting these advanced solutions, clients are expected to optimize their credit decision-making processes, improve underwriting efficiency, and reduce costs. The partnership will also allow for the refinement of risk models and credit policies, leading to more accurate assessments in credit operations and enabling clients to serve a broader audience. This expansion is expected to open new growth opportunities and contribute to broader economic development in the region.
Despite recent progress in financial inclusion, Brazil still has opportunities to further support MSMEs and financially constrained groups. The country is actively promoting digital transformation and innovation in financial services to increase financial accessibility. Since 2022, Dock has been advocating for a new credit paradigm that takes into account Brazil’s unique characteristics. By combining Ant International’s advanced credit technology solutions with Dock’s operational expertise and strong market presence, this partnership will enhance Dock’s services to local institutions, helping them strengthen credit operations and optimize infrastructure.
“Ant International is the partner we were looking for to realize our financial inclusion goals. As we do on all our fronts, we seek partners who provide the most advanced technologies on the market, enabling us to deliver this to our clients by integrating these technologies on our Dock One platform. We will use technology to challenge the status quo and make credit more accessible,” said Antonio Soares, CEO of Dock. “Our aim, together with Ant International, is to introduce solutions that will significantly expand access to credit and take us to the next step of financial inclusion.”
“Brazil is leading the way in financial innovation and inclusion, and Ant International is excited to team up with Dock in this dynamic market,” said Quan Yu, General Manager of Global Credit Tech at Ant International. “This partnership underscores our commitment to broadening financial accessibility and availability by providing local institutions with AI-driven technologies to better support underserved businesses and communities. We believe in the power of collaboration to promote financial inclusion and are exploring more partnerships with industry leaders in the region.”
About Ant International
Headquartered in Singapore, Ant International powers the future of global commerce through digital innovation, helping every individual and business thrive. In close collaboration with partners, Ant International supports merchants of all sizes worldwide in achieving their growth aspirations through a comprehensive range of tech-driven digital payment and financial services solutions.
About Dock
Dock is a leading provider of technology for payments and banking in Latin America. A pioneer in the industry, it drives the acceleration of digital financial services across the region. For more than 20 years, Dock has been committed to democratizing access to financial services, promoting the inclusion of millions of unbanked and underbanked people. With its end-to-end platform, Dock One, Dock brings together card issuance, digital banking, credit, risk, and acquiring solutions, enabling companies to offer innovative services to their customers while Dock manages the technology, operations, and regulatory complexities. The company currently operates 70 million active accounts and processes over eight billion annual transactions.
