Group update

Prosus Ventures has led the $3 million pre-Series A funding round for zypl.ai, an emerging leader in AI-driven risk modeling for financial institutions. The round also includes participation from Battery Road Digital Holdings and Astana Hub Ventures. This investment will accelerate zypl.ai’s global expansion and support further development of its proprietary synthetic data model, zGAN, and its no-code enterprise AI platform, Lucid.

Originally developed at Stanford University, zypl.ai launched in Central Asia in 2022 and has since onboarded over 50 enterprise customers across 13 markets, including leading financial institutions like Qatar National Bank and FINCA International. The company’s rapid growth has positioned Tajikistan as an emerging hub for AI innovation in synthetic data research.

Transforming AI-Driven Risk Assessment with Synthetic Data

At the core of zypl.ai’s technology is zGAN, a generative adversarial network designed to enhance predictive modeling with outlier-centric synthetic data. Financial institutions use Lucid, the company’s no-code AI platform, to autonomously build models for credit decisioning, fraud detection, and risk assessment.

With this new funding, zypl.ai will expand into guaranteed lending and insurance, extending its AI capabilities beyond banking risk assessment. The company is working with global financial institutions to deploy its AI models for credit guarantee programs, backed by a track record of $300 million in underwritten credit portfolios with minimal default rates over the past three years.

Zypl.ai is headquartered at the Dubai International Financial Centre’s AI Campus and is set to become a founding resident of Area AI, Tajikistan’s forthcoming national AI technopark, which will provide key incentives for AI startups and researchers.

Backing AI Innovation in Financial Services

Prosus Ventures’ investment underscores its commitment to transformative AI technologies in financial services.

Robin Voogd, Head of Middle East Investments at Prosus Ventures, said:
"At Prosus Ventures, we invest in transformative technologies that push the boundaries of AI innovation. Zypl.ai’s proprietary approach—enhancing synthetic data with smart outlier data points—has the potential to significantly improve predictive performance in financial services. By refining credit scoring and risk modeling, Zypl.ai is unlocking new opportunities for lenders, from traditional financial institutions to e-commerce platforms offering buy-now-pay-later products. We are excited to support Zypl.ai’s global expansion as it pioneers the next generation of AI-driven financial decisioning."

Azizjon Azimi, Founder & CEO of zypl.ai, added:
"We are thrilled to welcome Prosus Ventures on our cap table as a lead investor with a global network of prospective partners for our synthetic AI stack. The macroeconomic volatility of the last few years has proven our core thesis at zypl: that you can’t simply rely on plug-and-play AI models trained on historical data. Adapting to a world of ‘black swans’ necessitates generation of synthetic data – especially outliers – and we believe zGAN to be at the avant-garde of this global AI architecture revolution."