Finexus group managing director and chief executive officer Clement Loh said it was looking forward to work with venture capitalists (VCs), fintechs, digital start-ups and mid-growth companies by providing them with its ready-to-use MyXaaS Collaboration Platform.
"MyXaaS collaboration platform offers services such as application as a service, financial as a service and capital lending.
"These aspiring digital companies can speedily build-up their digital products and services and go to market by leveraging on our ready-to-use services without having to build many software components from scratch," he said in a statement today.
Digital Penang chief executive officer Tony Yeoh said the partnership was in line with the company's aim towards driving the digital journey as it utilised digital technologies in a more pervasive way.
"With Finexus establishing a fintech research and development hub in Penang, we believe that our talents will be well-equipped to adapt to a world of rising automation and software.
"Over the next three years, Digital Penang is targeting to attract 50 digital investors into with an investment commitment of 2,000 high-income jobs in the district," said Yeoh.
Finexus said the CD2 @ George Town would act as a catalyst to spur innovation and investments in digital technology, software services and creative arts that will revive the urban core as a business district.