Balance Hero Posts Strong Q2 Results: ₩38.7B Revenue, ₩8.1B Pre-Tax Profit

## Indian Fintech Balancehero Achieves Record-High Performance with AI-Driven Growth Balancehero, an innovative fintech company in India, is drawing attention from the industry by recording remarkable growth, utilizing AI technology as its core driver. In the second quarter of this year, it achieved consolidated revenue of 38.7 billion KRW and a record-high pre-tax profit of 8.1 billion KRW, proving its brilliant growth trajectory. Consequently, its cumulative pre-tax profit for the first half of the year reached 12.2 billion KRW. The core driver behind this strong performance is its business strategy that actively leverages AI-based technology. In particular, through collaboration with partner financial institutions, it successfully expanded its financial product recommendation business based on AI ACS (Alternative Credit Scoring System). The 'AI Finance Decisioning Platform' precisely matched various financial products of its partners with customers, contributing to an explosive increase in transaction volume. Profitability improvement stemmed not only from increased revenue but also from innovation in its efficient cost structure. Through AI advancement, it effectively managed product delinquency rates, maximized marketing execution efficiency, and achieved cost reductions. As a result of strengthening its customer screening and risk management capabilities, its new Assets Under Management (AUM) showed robust growth, increasing by 4.6% compared to the previous quarter. Balancehero plans to secure future growth engines based on these achievements. Going forward, it will diversify its intermediary product categories, such as insurance and credit cards, to strengthen its pipeline, and has confidently raised its existing business plans, setting this year's pre-tax profit target at approximately 26 billion KRW and its annual revenue target at 160 billion KRW. A company official emphasized that "the Q2 performance is a key factor where strengthened AI-based risk management capabilities built a stable profit structure," and stated that it will continue its technology-centric growth strategy, solidifying its position as an AI fintech platform specialized for developing countries, together with its partners and customers. Balancehero, through AI technology innovation, is expected to expand beyond the Indian market and open new horizons in the fintech markets of developing countries worldwide.