Eyez Inc., operator of 'Faclog', partners with Labol to launch a joint AI factoring service

Eyez Inc. (Headquarters: Shibuya-ku, Tokyo; President and Representative Director: Noriyuki Fukushima; TSE Growth: 5242), operator of the financial platform 'Faclog', has partnered with Labol Inc. (Headquarters: Shibuya-ku, Tokyo; Representative Director and CEO: Dai Tatebe), a provider of AI factoring services, to launch and jointly operate the AI factoring service 'EL Factoring'.

This partnership brings together Eyez, listed on the TSE Growth Market, and Labol, a group company of Ceres Inc. (Stock Code: 3696), which is listed on the TSE Prime Market.

'Faclog', operated by Eyez, is a platform where enterprises and sole proprietors can compare and evaluate information about factoring companies. It enables users to compare multiple factoring companies side-by-side and supports service selection based on criteria such as fee rates, payment speed, and eligible receivables, tailored to the user's needs.

Meanwhile, Labol operates an invoice factoring service for freelancers, sole proprietors, and SMBs that can be completed entirely online. Through machine learning powered by proprietary AI, Labol accurately and instantly assesses the eligibility for invoice purchases, realizing a fully online process from membership registration to payment, with funding possible in as little as 30 minutes after completion of the assessment.

By providing a one-stop experience from comparison to financing, this partnership aims to enhance user convenience and create a smoother funding experience.

'EL Factoring' is a jointly operated service that combines the AI factoring infrastructure provided by Labol with the traffic acquisition and marketing know-how of Eyez’s 'Faclog' platform.

Through this partnership, users can compare and evaluate factoring services on 'Faclog' and proceed directly to secure funding through 'EL Factoring'.

[Launch Promotion] As a special launch promotion, the fee for the first-time use is set at 9%.

Details and inquiries are available here: https://faclog.jp/factor/service/elfactoring

Although Eyez anticipates that the impact of this matter on its financial results will be minimal, it will promptly disclose any matters that require public announcement as they arise.