4 October 2021

Allen & Gledhill advised Softbank Vision Fund 2, who co-led the Series D financing round of Advance AI which raised more than US$400 million.

Advance AI, is a Singapore-headquartered big data company that provides digital identity verification, anti-fraud, and credit scoring solutions to its customers.

Advising Softbank Vision Fund 2 were Allen & Gledhill Partners Christian Chin, Adrian Ang, Alexander Yap and Isaac Tung, and Counsel Nicholas Soh.

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S$840 million term loan facility to IOI Consolidated (Singapore) Pte. Ltd.

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