Cloudpoint Berhad has signed a Memorandum of Understanding with Ant Group Digital Technologies to leverage on its mobile development platform, mPaaS, to offer super app platform and solutions to the Malaysian market.
mPaaS empowers and accelerates super app development to help banks and financial services companies enhance customer engagement and expand their reach by making financial services more inclusive, enabling them to offer a comprehensive range of products and services by consolidating payments, lending, insurance, and investment functionalities. This ensures a more convenient and personalised customer experience while streamlining operations and improving efficiency, leading to potential cost savings.
As part of this collaboration, Cloudpoint will also be appointed a reseller for Zoloz, the global identity verification software brand of Ant Group Digital Technologies which protects both customers and organisations on multiple fronts against identity fraud and other related risks.
Mr. Choong Wai Hoong, CEO and Executive Director of Cloudpoint, said, “We are thrilled to partner with Ant Group Digital Technologies in this strategic collaboration that aligns with our vision of bringing cutting-edge technology solutions to empower the financial sector. We believe that this will revolutionise the way Malaysians interact with financial services, enhancing financial inclusion, simplifying transactions, and providing users with a superior digital experience.”
By combining Cloudpoint’s strong presence and relationships in the Malaysian financial services industry and Ant Group Digital Technologies’ expertise in delivering superior fintech solutions, this partnership is aimed at boosting digital capabilities, improving user satisfaction, and pushing the boundaries of digital banking.