AloqaVentures gains six-fold from partial exit from Zypl.ai

AloqaVentures announced a partial exit from startup Zypl.ai during the AI Beyond Heights conference in Dushanbe.

The fund invested $150,000 in the second quarter of 2022 and is now selling 50% of its stake, recording six times earnings and 73% annualized return (IRR).

Zypl.ai is an artificial intelligence-based platform that automates credit scoring without the use of traditional credit history by applying alternative data sources to evaluate borrowers.