Honest AI operates an AI-powered banking-as-a-service platform that enables financial institutions to originate, price and manage loans through its flagship product, Honest Fund. The system leverages internally built risk-management models to keep default rates low while scaling loan volume. By December, cumulative AI-originated lending on the platform exceeded KRW 1.465 trillion and monthly new loan volume had grown 4.2× since launch, demonstrating strong product traction and profitability. The company’s technology leadership has been recognized with the Financial Services Commission President’s Award and the grand prize at the Maeil Business Newspaper Fintech Awards 2025. Honest AI is also the lead agency for a government-backed next-generation causal AI project. With fresh capital, the firm intends to further refine its AI models and expand its suite of solutions aimed at improving risk control and operational efficiency for banks and other lenders.

Total raised

$10M

Funding rounds

1

Latest round

Equity

Latest activity

Jan 2026