FinTech to be Embraced in Cambodia

TPIsoftware and IG Tech Group, the leading system integrator in Cambodia, have signed a strategic partnership agreement with Industrial Development Bureau, Ministry of Economic Affairs as witness, aiming to combine IG Tech Group’s local network and connections in Cambodia’s financial and government sectors with TPIsoftware’s robust “Taiwan Experience” in FinTech to gear toward digital upgrade of financial industry in Cambodia. With the business matchmaking from the World System Integrator Conference (WISC) sponsored by the Ministry of Economic Affairs, the two parties exchanged views on potential markets and customers in Cambodia and their mutual interests, and further completed the signing of product distribution of TPIsoftware API management platform, digiRunner. Moreover, TPIsoftware and IG Tech have committed to providing an international digital user experience for users in Cambodia.

TPIsoftware looks forward to succeeding the business expansion in the blooming Southeast Asian market. TPIsoftware has established branches in Vietnam and Singapore since 2019, striving to bring the successful digital transformation experience to the new southbound market. Despite the business disruption caused by the COVID-19 pandemic in the past two years, TPIsoftware have obtained a number of overseas customers, including a major electric car manufacturer in the United States, Vietnam’s biggest pharmacy retail chain and property insurance corporation. As the Cambodian government is devoted to supporting local companies with its 15-year digital economy plan to drive FinTech innovation, this collaborative partnership with Idealink Consulting, the core of IG Tech Group, hopes to accelerate digitization in finance in Cambodia and gives TPIsoftware an opportunity to expand its overseas footprint.

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