Tongdun Technology
AI-driven risk management and decision-intelligence platforms for fraud prevention and credit risk, sold to banks, insurers, internet firms and government clients.
Tongdun sells two platforms: Zhice, a decision-intelligence platform, and Zhibang, a privacy-computing shared-intelligence platform. Both use machine learning, federated learning and knowledge graphs for anti-fraud, credit risk control and security risk. Its customers are financial institutions, insurers, internet and e-commerce companies, logistics firms and government bodies, and it says it has served over 10,000 clients across 22 industries. It sells on a B2B software and service basis. It was founded in 2013 and became a unicorn in 2019 at a roughly $1B valuation. Tracxn estimates total funding at about $246M, with GGV Capital, Temasek and CBC Capital among the investors. The company reports branches in several Chinese cities, Hong Kong, Singapore, Indonesia, Malaysia and the UAE.
