KUALA LUMPUR: Pertama Digital Bhd (PDB) has secured the first four product partners, Trevo, Paywatch, Qoala and Butterfly FX, to plug into the company's digital bank aspiration.
The four companies will bring expertise and solutions in their respective fields to PDB's digital banking services.
This comes after PDB securing Crowdo Holdings Pte Ltd and INFOPRO Sdn Bhd as consortium partners to apply for a digital banking licence from Bank Negara Malaysia.
PDB director of strategy Saify Akhtar said the company aims to collaborate with its new product partners to build financially inclusive solutions for Malaysians.
"Over the years, we gained valuable experience and insights from delivering digital financial services to the financially underserved via MyPay and eJamin.
PDB 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 the flow of value between innovators and the Malaysians," he said in a statement today.
To build a digital bank that empowers financially underserved Malaysians, PDB has built strong relationships with existing financial inclusion innovators, such as these companies, on ethical financial products, addressing insurtech (takaful), gig economy and edtech.
Trevo, Paywatch, Qoala and Butterfly FX share PDB's shared values and permanently place customers at the centre of the digital bank strategy and business model, Saify said.
"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," he said.