back Back

Sedania Group partners with Codebase Technologies to lead digitalisation across SEA

By Leandra Monteiro

August 26, 2022

  • API Banking
  • Codebase Technologies
  • Collaboration
Share

Sedania Innovator Berhad Group, Codebase Technologies Sedania Innovator Berhad Group has partnered with global open API banking solutions provider Codebase Technologies to expand the Group’s capacity for providing, digital-first banking and financial services for its client network while accelerating the UAE-based FinTech’s Southeast Asian expansion.

With a growing demand for digitally driven banking and financial products and services in Malaysia and Southeast Asia, organizations and institutions around the region are rapidly adopting new operating models to ensure that their customer bases are being served with the most, innovative propositions available. This partnership will enable Sedania Group to diversify its FinTech offerings using Codebase Technologies’ Digibanc™ platform and add more innovative capabilities to its existing Tawarruq platform.

Nisa Ismail, CEO at Sedania As Salam commented, “This partnership will position us ahead of the curve in delivering innovative digital banking solutions which meet the requirements of financial institutions. We will be able to leverage the groundbreaking, well-recognized technology from our partner, Codebase Technologies, which has been the critical driving force in the successful launches of digital banks, fintechs, and digital banking arms across the Middle East.”

Codebase Technologies is a global pioneer in the banking and financial solutions space, with projects and implementations in Islamic and conventional institutions, lenders, FinTechs, payment services companies, and other players across the BFSI. Over the last decade, Codebase Technologies has redefined the digital finance landscape by launching multiple digital banking propositions, with notable launches such as Zand – UAE’s first fully digital retail and corporate bank – and Blink – Jordan’s first digital-only neobank.

This partnership will accelerate the FinTech’s global expansion into the Southeast Asian market, with the Group serving as a key intermediary between its expansive network of high-tier, blue-chip clientele and Codebase Technologies.

Omar Mansur, Global Enterprise Lead at Codebase Technologies said, “We’re looking forward to an extremely fruitful partnership with Sedania as we work together to accelerate digitization in the region. The mutual synergies that we will be able to explore are limitless and will allow widened access to a diverse range of digital solutions for FI’s. The partnership will help us expand our footprint in Malaysia and the APAC Region, and we’re thankful for collaborating with a like-minded organization with whom we share a common vision.”

Previous Article

August 26, 2022

Covr Pro brings its digital insurance platform to independent financial advisors

Read More
Next Article

August 26, 2022

1st Community Credit Union chooses Jack Henry’s Banno Digital Platform

Read More








IBSi Daily News Analysis

Cybersecurity, financial services

May 17, 2024

API Banking

Most of KSA organizations uses AI in their cybersecurity strategies, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

May 17, 2024

Niyogin acquires ‘Superscan’ from Orbo.ai to propel AI-led neo-banking

Read More

May 17, 2024

FinTech Focus: Catch latest developments of the week

Read More

May 17, 2024

Mastercard, Standard Chartered, Mox & Libeara to support tokenised assets

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023