FingerMotion (OTCQX: FNGR) launched its youngest operational division, Sapientus, in mid-2020 following years of R&D work. “In the past few years, we’ve had our inhouse team of actuaries and data scientists, who really know the ins and outs of the insurance industry, and what they’ve been doing is they’ve been deciphering information from all these different sources and putting in the risk metrics that could provide those fresh insights and intelligence for the insurance field,” a recent article quotes FingerMotion CEO Martin Shen as saying. “FingerMotion believes that by integrating its Sapientus data blocks with external data sources such as industry reports and compiled data published by researchers, its R&D departments can develop innovative insurtech and fintech products for its customers.” In addition, the company is looking to establish a collaborative lab with its partners. According to Shen, the lab “will run as a joint research and analytics hub to further develop the advanced behavioral modeling algorithms that we already have, improve the insights that we are developing, and support some of those innovative products for insurance customers and then help them assess that overall risk.”
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About FingerMotion Inc.
FingerMotion is an evolving technology company with a core competency in mobile payment and recharge platform solutions in China. It is one of only a few companies in China with access to wholesale rechargeable minutes from China’s largest mobile phone providers that can be resold to consumers. As the user base of its primary business continues to grow, the company is developing additional value-added technologies to market to its users. The vision of the company is to rapidly grow the user base through organic means and have this growth develop into an ecosystem of users with high engagement rates utilizing its innovative applications. Developing a highly engaged ecosystem of users would strategically position the company to onboard larger customer bases. FingerMotion eventually hopes to serve over 1 billion users in the China market and eventually expand the model to other regional markets. For more information about the company, visit www.FingerMotion.com.
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