Launch of Cambodia Fintech Association – A Movement That Reshape Cambodia’s Economy
15th August 2018 marked a momentous occasion as well as an important milestone for Cambodia as the Cambodia Fintech Association was officially launched.
Cambodia Fintech Association (CFA), the national not-for-profit organization, aims to create a healthy and regulated environment for Fintech commmunity – Fintech Startups, Hubs, Accelerators and VCs to grow in Cambodia by fostering an ecosystem of supportive partners and network. Members of the association include digital payment companies, banks and financial operators.
Prior to the official launch, CFA has signed MOUs with other fintech associations in the region, including Taiwan Fintech Association, Thailand Fintech Association, and Singapore Fintech Association. There are also plans to register CFA as part of the ASEAN Fintech Network.
Panzer Technology attended the launch at the iconic Rosewood Hotel in Phnom Penh, together with our partners. Our CEO, Mr. Alan Wong was among the VIPs invited to grace this significant event as well as the ceremonial Ribbon Cutting Ceremony. We were also honored to attend the event together with Her Excellency, Mdm. Chea Serey, Assistant Governor and Director General of National Bank of Cambodia, His Excellency, Mr. Peter Sok Puthyvuth, Chairman of ICT Federation as well as Mr. Roy Teo, Executive Director from Monetary Authority of Singapore (MAS).
“Fintech startups are slowly but surely starting to surface in Cambodia,” said CFA Cice President Mr. Eddie Lee. In addition to the launch of the CFA, Cambodia’s central bank has also explored the use of blockchain technology to track interbank payments, said Lee.
“Technology brings people closer, allowing them to share information that can ultimately lift people out of poverty,” said Mdm. Chea Serey.
This movement indicates that even frontier countries like Cambodia are embracing new-wave technology; bringing us a step closer to deliver world class enterprise solutions that create a positive impact that elevate lives.
All information in this article is correct to the best of our knowledge and belief at the time at which the article was originally published.
This article was written in the author’s personal capacity. Any opinion expressed in this article are the author’s own and do not reflect the view of Panzer Technology Pte Ltd.
Panzer Technology is a software development company aimed at developing world class enterprise solutions that create a positive impact that elevate lives.