Finda Launches Franchise AI Commercial Area Analysis Solution "OpenUp Pro"

Supporting Franchise Headquarters Expansion with 1.5 Billion Commercial Area Data Points
AI-Powered B2B Commercial Area Analysis Solution: 10-Second AI Insights
Quickly Identifying Store Disappearance Trends to Prepare for Closure Risks

Fintech company Finda announced on October 28 that it has launched "OpenUp Pro," an artificial intelligence (AI) commercial area analysis solution exclusively for franchises.

OpenUp Pro, an AI-based commercial area analysis solution exclusively for franchises, launched by Finda. Finda

OpenUp Pro supports the expansion of over 8,000 franchise headquarters nationwide, leveraging 1.5 billion commercial area big data points. It is a B2B commercial area analysis solution that provides AI-based, customized commercial area analysis services.

The existing OpenUp service provided limited access to one year of recent commercial area data, targeting prospective entrepreneurs and individual business owners.

OpenUp Pro offers unlimited monthly sales data since 2018 for franchise headquarters operating dozens of stores.

It also provides information not available in OpenUp, such as delivery sales and estimated residential areas of consumers. When users set their area of interest, OpenUp Pro AI analyzes the commercial area within 10 seconds and evaluates market, opportunity, consumer, and stability factors. Users can also receive an "AI Commercial Area Report," which includes itemized ratings (from S to C grade) and a comprehensive analysis with AI commentary.

Finda explained that OpenUp Pro can reduce the time spent on-site for new location selection and sales forecasting by more than 90%.

For franchise headquarters, it offers intuitive rating criteria and AI commentary. This is expected to enhance decision-making speed and reliability, while also strengthening the persuasive power of franchise sales externally.

OpenUp Pro also presents a "disappearance rate" indicator for stores that had sales in a particular year but none in the following year, helping users proactively prepare for closure risks.

Kim Miyoung, Head of OpenUp Product at Finda, said, "By using OpenUp Pro, users can significantly reduce the time spent in the field to understand consumer payment patterns," adding, "With more than 1 million self-employed businesses closing down last year alone, we aim to provide a service that helps both franchise headquarters and franchisees achieve a win-win outcome."

Meanwhile, since August, Finda has been offering OpenUp Pro beta services to initial client companies. To commemorate the launch of OpenUp Pro, a discount promotion will run until December 31. Partner companies that sign up during the event period can use the service for a minimum monthly fee of 825,000 won, up to 58% off the regular price.

This content was produced with the assistance of AI translation services.