EYEZ falls back as partnership with Labol to launch AI factoring service draws limited response
EYEZ,INC. <5242> shares traded lower on Monday. Following Friday's close, EYEZ,INC. announced that its Factlog platform partnered with Labol, a subsidiary of CERES INC. <3696> providing AI factoring services, to launch the joint operation of an AI factoring service called EL Factoring. However, the stock's reaction to the news remained muted amid a broader market decline.
Factlog is a platform for corporations and sole proprietors to compare and review information on factoring companies. Meanwhile, Labol operates a web-based invoice purchasing service as a financing method for freelancers, sole proprietors, and small businesses. EL Factoring is a jointly operated service combining Labol's AI factoring infrastructure with the customer acquisition and marketing expertise of EYEZ,INC.'s Factlog comparison platform. The service will provide a one-stop solution from comparison to procurement, aiming to enhance user convenience and deliver a smoother financing experience.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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