Business Industry Analysis Tech Technology

Zoral and LinearSix Join Forces to Expand AI-Driven Financial Solutions in Emerging Markets

Zoral, a leading global AI software company specializing in the banking and finance industry, has announced a strategic partnership with LinearSix, a Sri Lankan digital transformation force in fintech. This collaboration marks a significant step for both companies, aiming for aggressive expansion into the Asia-Pacific (APAC) and Middle East and North Africa (MENA) regions.

The partnership leverages Zoral’s expertise in AI-powered automation platforms for various financial services, including SME, consumer and corporate finance, mortgage, and insurance technology. Zoral brings to the table 20 years of experience in engineering, consulting, and software development, along with its advanced AI, machine learning (ML), and data engineering capabilities.

LinearSix, on the other hand, possesses a deep understanding of core banking systems and the specific needs of the fintech space within the target regions. They will play a crucial role in implementing and supporting Zoral’s platforms, facilitating the automation of financial processes and implementing digital customer relationship management solutions.

This partnership is driven by a shared vision of exponential growth and a commitment to delivering high-quality solutions. Zoral’s CEO, Eric Sandler, emphasizes their focus on providing intelligent digital financial products – customized solutions that cater to the unique needs of clients across the APAC and MENA regions. He highlights key areas of concentration, including technology development, marketing, sales, research, and development, with a commitment to providing end-to-end lifecycle deployment for customers.

The partnership extends beyond just technological expertise. Both Zoral and LinearSix share a passion for democratizing financial services and empowering individuals with greater financial capabilities. This aligns perfectly with LinearSix’s mission, celebrating their seventh anniversary as a leader in promoting financial inclusivity through innovative technology solutions.

Looking ahead, the partnership promises significant growth for both companies. LinearSix plans to expand its local team and explore opportunities for global expansion to better serve customer requirements. Zoral’s automation platform, with its rapid deployment, adaptability, and scalability, positions them to address the challenges faced by businesses in the modern financial landscape. Ultimately, this collaboration aims to revolutionize the financial services industry in emerging markets by offering intelligent, accessible, and inclusive solutions.