Axinan is an insurance service provider to eCommerce merchants for return shipping. The company allows online shoppers to return their products for free. It leverages big data and machine learning to quantify the risks of transaction anomalies and creating innovative products such as real time smart insurance and instant financing. In June 2016, the company was selected to be part of PayPal’s inaugural incubation programme in Singapore.
PRODUCTS & SERVICES:
Big data and machine learning platform.
It helps companies to assess financial risk associated with every individual transaction done.
The company has partnered with online marketplace Tokopedia in Indonesia for its free return shipping insurance program.
NSI Ventures, Linear Venture
Axinan claims to processes 180k+ orders every month as of Feb17.
DATE OF LAST FUNDING:
SEED & PRIOR FUNDING:
sakzenobw ovgorkavotnuzoa iiuoklzcmhpb dwwxClosed: Feb 2018
SERIES A :
An undisclosed series A fund raised in Feb 2018.