Dubai-based credit scoring platform zypl.ai secured USD 5.5 mn in a bridge funding round, reaching a USD 80 mn valuation, according to a press release. The round was led by US-based Carbide Ventures, with participation from investors including Shukhrat Ibragimov. The funding will help zypl.ai expand into new markets and deploy its synthetic data solutions for banks.

About the company: Founded in 2021, zypl.ai develops AI-driven synthetic data tools to enhance decision-making in banking and finance. Its zGAN model generates outlier data to enhance predictive accuracy under volatile market conditions, while the no-code platform Lucid allows financial institutions to independently build and implement AI models. The company currently serves over 60 clients across 20 markets.

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