Pertama Digital ropes in partners for digital bank venture

The application deadline for the digital banking licence from Bank Negara is June 30, 2021.

PETALING JAYA: Pertama Digital Bhd has teamed up with four product partners for its proposed digital bank venture, about two weeks after it roped in Crowdo Holdings Pte Ltd and INFOPRO Sdn Bhd as consortium partners to apply for a digital banking licence from Bank Negara.

In a statement yesterday, the group said that the first four product partners, Trevo, Paywatch, Qoala and Butterfly FX, would bring expertise and solutions in their respective fields for the digital bank venture.According to Pertama Digital director of strategy Saify Akhtar, the partnership with the four companies will allow the group to create financially inclusive solutions for Malaysians.

“Pertama Digital champions people-private-public partnerships and has attracted product experts within the local and regional financial inclusion ecosystem such as these four partners.

“We are taking the position as the platform that facilitates flow of value between innovators and the rakyat.

“Together, our impactful solutions will help vulnerable Malaysians gain access to efficient, affordable and user-friendly digital financial services, which are needed now more than ever in the face of economic and social challenges presented by the pandemic, ” said Saify.

The application deadline for the digital banking licence is June 30, 2021.

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