Huawei Malaysia, Axiata unit collaborate for fintech solutions

HUAWEI Technologies (M) Sdn Bhd has ventured into a partnership with Axiata Digital Labs (ADL), a subsidiary of the Axiata Group Bhd on the development of digital transformation solutions in financial technology (fintech) powered by Huawei Cloud.

The collaboration will see both ADL and Huawei Malaysia join forces to explore, develop and market new technology and software solutions in the field of digital financing services. 

It is the first step in bringing together Huawei Malaysia and ADL in expanding the utilisation of products and services for the digital financial services market growth.

The partnership aims to benefit the productivity and viability of local businesses and industries through the use of digital solutions provided by both parties.

ADL CEO Thushera Kawdawatta (second from left) said this partnership provides tremendous opportunities for these companies to explore, develop and work on truly fascinating areas of technology.

“I am convinced that our collaboration will yield digital transformation solutions that will benefit industries, businesses and society,” he said in a statement today.

Thushera signed the memorandum of understanding with Huawei Malaysia CEO Michael Yuan (second from right).

Meanwhile, Yuan said the MoU serves as an opportunity to further connect and forge strategic partnerships across various industries as Huawei is always open to building a holistic ecosystem with key stakeholders.

“We, at Huawei, are excited to explore our collaboration with ADL in creating digital solutions through Huawei Cloud.

“This includes fintech, which is the new digital financial service ecosystem which allows partners to develop applications for diverse industries, laying a robust foundation for ubiquitous digital financial services,” he said.

Huawei Cloud is a leading cloud service provider which brings Huawei’s years of expertise together in ICT infrastructure products and solutions. It strives to make a difference in bringing digital to local industries for a better-connected Malaysia. — TMR / pic by Huawei Malaysia