Kitchen Culture acquired a 30% equity stake in the Big Data & Artificial Intelligence integrated solutions provider, OOWAY Technology Pte. Ltd (“Ooway Technology”).
Ooway Technology is part of the Ooway Group, a substantial shareholder of Kitchen Culture, that was co-founded by legendary investor Jim Rogers and led by a team comprising AI talents and data scientists from the UK, Southeast Asia and China.
Ooway Technology is principally engaged in the establishment of the Credit 3.0 platform in China named Behaviour Model of Association Risk System (“bMARS®”), which utilises machine learning and artificial intelligence to quantify corporate behaviour into credit value.
bMARS® is currently being used to provide credit rating services and credit management services for importers and exporters in ASEAN.