Set Sail AI and Choco Up Ink Partnership To Drive Generative AI Adoption

LAI CHI KOK, Hong Kong - July 3, 2024 - PRLog -- Choco Up, Asia's largest revenue-based financing (RBF) and growth platform, today announced a strategic partnership with Set Sail AI, a leading intelligent contact centre solution. This partnership aims to facilitate the adoption of generative AI solutions among businesses and merchants.

With the potential to boost global economic output by up to $4.4 trillion annually, Generative AI transforms various sectors through enhanced productivity, personalised marketing, and improved customer service. Studies have indicated generative AI could reduce human-serviced contact volumes by up to 50% and enhance productivity in marketing functions by 5-15%.

Through this collaboration, Set Sail AI's customers will gain access to Choco Up's RBF platform, enabling the expansion of sales, marketing, and distribution channels for generative AI technology in Hong Kong and beyond. This partnership is designed to help businesses adopt generative AI contact centre solutions, allowing them to unify customer care and lead generation, drive sales, and provide a more holistic customer experience.

Set Sail AI provides advanced solutions to shopping malls, retail brands, public sectors, and large enterprises. The premier product, the SaaS Gen AI Agents Building Platform, allows businesses to create customised AI agents for sales, customer service, email responses, and booking management. Annually, Set Sail AI  manages about 120 million inquiries, significantly reducing customer wait times by over 98% and transforming interactions into transactions across various domains.

With a proven history of offering swift and flexible financing solutions, Choco Up supports rapidly growing companies without requiring equity. To date, Choco Up has financed over USD 1 billion in gross merchandise value in Asia Pacific. This financing has been pivotal in helping clients increase monthly revenue, launch new products, expand user bases, grow workforces, and achieve successful acquisitions.

Jovian Ling, CoFounder of Set Sail AI, is thrilled to partner with Choco Up to deliver Generative AI and unlock valuable opportunities for customers. Percy Hung, Founder and CEO of Choco Up, believes this collaboration helps empower businesses to scale and succeed with the help of Generative AI, aligning with their mission to support technological innovation in the region. Flexible financing solutions provided by Choco Up will enable businesses to fully implement and benefit from this transformative technology.

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