Credit Intelligence is beefing up its BNPL offerings for both SMEs and individuals in Hong Kong, as it looks to expand to other markets in the future.

Fintech Credit Intelligence (ASX:CI1) has officially launched its corporate buy-now-pay-later (BNPL) app OneFlexi in Hong Kong. It’s now available for download on the Apple and Google stores.

The OneFlexi app caters to small and medium enterprises (SME) in Hong Kong,  and offers them a three-month  interest-free  BNPL option to pay for selected corporate services.

CI1 is beefing up its BNPL offerings, and the OneFlexi launch came hot on the heels of its new e-commerce site,, a platform that offers BNPL services to personal users in Hong Kong launched earlier this month.

Credit Intelligence CEO, Jimmie  Wong, believes that both its SME and personal BNPL offerings will create a combined synergy that will bring value to shareholders.

“Our  SMEs  BNPL  service  has  low  operation cost,  but  huge  market  demand  and  potential,” Wong said.

“It  will have  a great  synergy  effect  in  our   existing  personal  BNPL  operations and  online  shopping  platform,  which will enhance our overall value.”


The OneFlexi platform

OneFlexi  is  an  artificial intelligence (AI)-based  fintech platform developed by OneStep IT, a company that’s 60% owned by CI1.

The OneFlexi app currently offers BNPL and  loan  services  to  over  20,000 SME  clients  in Hong Kong registered  under the OneStep iProEx platform.

The OneStep platform provides 15 different comprehensive corporate services to its clients – including incorporation of companies, presentation of statutory corporate documents, company secretary services, bookkeeping, auditing and trademark registration services.

The BNPL service offered by the OneFlexi app will allow clients to settle their on-demand corporate and utility bills in instalments, which will help SMEs to not only manage, but also increase their cash flow.

The platform will include an application programming interface (API) to link with third-party platforms, making it easier for users to settle their payments and purchases.

The OneFlexi app was also designed with a unique credit rating system based on each clients’ background  information, including spending patterns, and bill payment history.

SMEs that have earned a high credit score from the rating system will earn privileges such as a higher BNPL borrowing limit, extended repayment period, and enhanced BNPL services for settling other bills and expenses.

In the future, the app will be further developed to include loan brokerage services, tailored specifically for those SMEs with a high credit score.

CI1 says that although the initial rollout  is for the Hong Kong market,  the BNPL services offered by the OneFlexi platform could also be expanded in the future to different jurisdictions including Australia, the UK, Singapore and Malaysia.

This article was developed in collaboration with Credit Intelligence, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.