PIBBLE’s AION Selected for NIPA’s UAE IT Support Center Membership
Caramelbay that operate and develop PIBBLE, the company behind AI-powered trade finance solution AION, has been selected as a membership company for the National IT Industry Promotion Agency (NIPA)’s UAE IT Support Center. This selection serves as a strategic gateway for AION’s expansion into Middle Eastern markets and strengthens its global trade infrastructure.
About AION
AION is an AI-powered trade finance solution that specializes in Letter of Credit (L/C) verification as its core functionality. The platform drives digital transformation in trade processes and is recognized as a next-generation trade automation platform that eliminates payment settlement risks caused by trade document discrepancies.
The solution integrates electronic contracts, document compliance verification, and Cloud EDI into a comprehensive platform that addresses critical challenges in international trade finance.
Middle East Expansion Strategy
Following the NIPA membership selection, AION is collaborating with Dubai-based partner Nexus Global to pursue Proof of Concept (PoC) programs and commercial partnerships with trading companies and banks across UAE and GCC countries. The company is particularly exploring cooperation opportunities with First Abu Dhabi Bank (FAB) and other major financial institutions, positioning itself as a trade finance risk management tool in the region.
Global Growth Plans
According to a Caramelbay, “Being selected as a NIPA membership company represents a crucial opportunity for AION’s growth as a global trade solution. Through local PoC programs and access to real trade document data in the Middle East, we will further enhance our AI model accuracy and rapidly expand as a localized SaaS product.”
The company plans to leverage support from domestic institutions like KITA and NIPA to expand trade finance-related services, including cargo insurance, within Korea. Simultaneously, AION will use UAE as a strategic base for full-scale expansion into Middle East, Africa, and Southeast Asian markets.
