Sxored
Overview
Sxored is an Indonesian company specializing in AI-powered data security and credit analysis solutions, particularly focusing on combating fraud and non-performing loans. Founded in 2023, Sxored is based in Kelurahan Kebagusan, Jakarta. The company aims to revolutionize the credit analysis process by providing end-to-end financial transparency. It leverages AI to enhance data processing and analysis, targeting Indonesia's fragmented credit rating systems.
Recent Developments
- June 2025: Sxored announced enhancements in their AI co-pilot system, aiming to further automate the extraction and analysis of borrower data from electronic statements. This development promises greater accuracy and efficiency, potentially reducing fraud risks.
- April 2025: The company reported significant strides in expanding its processing capabilities to include electronic statements from additional Indonesian banks, enhancing its integration capabilities across the financial sector.
- January 2025: Sxored launched a new Quick Appraisal feature, which aids in gauging the market value and accessibility of property collaterals, such as hospitals and gas stations, improving the efficiency of on-site inspections.
- July 2024: The company introduced its AI Co-pilot to automate the summarization of debtor data. This feature allows credit analysts to focus on decision-making without the tedium of manual data synthesis.
- March 2024: Highlighted the challenges in Indonesia's credit scoring landscape, Sxored emphasized the need for standardized APIs and data models for better credit data integration.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2023 |
| Headquarters | Kelurahan Kebagusan, Jakarta, Indonesia |
| Founders | Not publicly disclosed |
| Revenue | Not publicly disclosed |
| Profits | Not publicly disclosed |
| Key Investors | Not publicly disclosed |
| Industry | Data Security Software Products |
| Number of Employees | 2-10 |
Early History
Founded in 2023, Sxored began its journey focusing on leveraging AI to tackle weaknesses in traditional credit analysis systems in Indonesia. Early in its inception, the company identified the fragmented nature of Indonesia's credit rating systems and set out to provide a unified platform that could aggregate and analyze credit information more efficiently. This approach aimed to diminish the risk of fraud and improve the accuracy of non-performing loan predictions, setting the foundation for its current trajectory.
Company Profile and Achievements
Sxored's business model is centered around providing cutting-edge AI solutions to enhance credit analysis processes. The company has achieved several milestones since its inception:
- Utilizes AI to enhance credit analysis accuracy and efficiency.
- Implements end-to-end data integration for Indonesia’s multi-bureau credit system.
- Developed an AI-powered Quick Appraisal feature for asset valuation.
- Introduced AI Co-pilot to automate manual data processing tasks. Sxored's notable achievements in tackling data fragmentation and fraud detection position it as a pivotal player in Indonesia's fintech ecosystem.
Current Operations and Market Position
Currently, Sxored operates from its headquarters in Jakarta, focusing on the Indonesian market. It addresses the needs of financial institutions by providing tools that enhance risk management through better data integration and analysis. Sxored's competitive advantage lies in its ability to automate complex credit reporting systems using AI, significantly reducing processing times and error rates compared to traditional methods.
Conclusion
Sxored has carved out a significant niche in Indonesia's fintech industry by addressing urgent needs for enhanced credit analysis and fraud prevention through AI. As the company continues to develop and refine its technologies, it holds potential not only to reshape the financial landscape in Indonesia but also to serve as a model for other markets facing similar challenges. With its emphasis on transparency and efficiency, Sxored is well-positioned to maintain its trajectory of growth and influence in the coming years.