Dowsure Company Research Report
Company Overview
- Name: Dowsure Inc.
- Mission: To equip cross-border e-commerce merchants with cutting-edge technologies and provide FinTech solutions to millions of sellers and partners. Dowsure aims to establish itself as the world's foremost digital asset infrastructure for cross-border e-commerce.
- Foundation Year: 2016
- Founders:
- Byron Pei
- Louisa Luo
- Kevin Huang
- Frank Chan
- Key People:
- Wei Lin, Head of Technology
- Horry, Head of Finance
- Sean, Head of Sales
- Headquarters: No specific location information is available.
- Number of Employees: No specific information is available.
- Revenue: No specific information is available.
- Known For: Dowsure is renowned for being a leading digital API platform in cross-border e-commerce, supporting global merchants through innovative financial products and partnerships with major platforms such as Amazon, eBay, Shopee, and Walmart.
Products
Offerings
1. BNPL (Buy Now Pay Later)
- Description: A financial service allowing deferred payments for purchases.
- Key Features:
- Quick application and approval process.
- Multi-currency options for international sellers.
2. Cash Advance
- Description: Short-term borrowing option against expected future sales.
- Key Features:
- Instant disbursement capabilities.
3. Credit Financing
- Description: Provides e-commerce sellers with necessary funds to support business growth.
- Key Features:
- Maximum limit up to ¥3,000,000.
- Low annual interest rates starting at 7.3%.
4. APIs for Financial Solutions
- Description: Technologies that provide financial service integration.
- Key Features:
- Dual Account Locking Technology (DAL™) for security.
- Digital-asset Value Assessment (DVA™).
- Credit Payment Network (CPN™).
Recent Developments
- 2016
- Received angel investment from PreAngel.
- 2017
- Initiated insurance services in China.
- 2019
- Engaged CDF-Capital for Series A financing.
- 2020
- Official partnership with Amazon as a Seller Lending Program partner.
- 2021
- Launched the Cross-border Seller Lending program with SPDB.
- 2022
- Dowsure's Financial Cloud inaugurated the first fully online credit loan product "Dow Fund Loan".
- 2023
- Partnership with Visa APAC established in May.
- 2024
- Entered Southeast Asia market with multi-currency lending solutions in June.
New Products and Partnerships
- Voyager: Formerly known as "Seller Cloud", renamed and revamped with enhanced services.
- Morfund: A new financial product launched to revolutionize shop-based lending.
- New Partnerships:
- Amazon Seller Lending Program.
- Collaboration with Walmart for Asia Pacific Lending Plan.
- Partnership with HSBC for advanced lending solutions.
Innovations
- Enhanced API Capabilities: Improved integration for seamless financial services offering.
- Upgraded Security Measures: SOC 1 TYPE 1 and ISO 27001 certifications ensure data security.
Conclusion
Dowsure Inc. is a key player in the digital API and cross-border e-commerce space, providing innovative financial solutions tailored for online merchants' unique challenges. Their growing list of global partnerships and technological advancements place them at the forefront of e-commerce finance.
