SoftBank Vision Fund 2 and Warburg Pincus led a $400m Series D funding round in Advance Intelligence.

SoftBank Vision Fund 2 and Warburg Pincus led a $400m Series D funding round in Advance Intelligence, an AI-driven technology company. Other investors include Northstar, Vision Plus Capital, Gaorong Capital and EDBI. “We reached a significant milestone today, made possible by our clients, customers, partners, investors and colleagues who believe in the transformative ability of AI to power tomorrow’s digital economy. At the heart of our vision is an AI-powered and credit-enabled marketplace ecosystem driving both digital commerce and digital financial services across Asia. The new financing will also accelerate the digital transformation of enterprises and merchants, big and small, while enabling more equitable access to credit and financial inclusion for both underbanked and underserved consumers and businesses,” Jefferson Chen, Advance Intelligence Co-Founder, Chairman and CEO.