Credify signs MoU with Vietnamese start-up Med247

By Leandra Monteiro

Credify, a provider of multi-service ecosystem connecting consuming services and Med247, a start-up operating in the field of online and offline healthcare, signed a Memorandum of Understanding. Through this partnership, Credify will make available opportunities for Med247 users to access contextually relevant credit, banking and insurance services through the company’s cross-service exchange platform (serviceX).

serviceX connects financial service providers with digital ecosystems by embedded access to their services in a seamless and intuitive way. Users benefit by receiving services tailored to their needs and rich incentives for engagement. In addition, Credify has developed a platform for businesses to reach their target, or ideal, customers more quickly, accurately and efficiently, all driven by user consent.

However, even though Credify and Med247 are working together, they are also being actively supported by Shinhan Future’s Lab – the investment organization that supports FinTech start-ups through networking, mentoring, and creating a professional working environment, connecting them with investors.

Established in 2019, Credify is a Singaporean digital identity company that meets the growing need for secure digital identity solutions in Asia. According to Credify, they provide a single platform that enables service offerings across multiple ecosystems, all through a simple to integrate and use interface. Last year, Credify also received US$1.74 million in investment from BeeNext (one of the very early investors in Sendo), Deepcore (an investment fund under Softbank) and TIS (Japan’s leading IT solutions provider), which are well known investors in Asia.