Vilja Solutions, a cloud-based core banking platform provider, has chosen Kuala Lumpur as its ASEAN headquarters, marking its expansion into the region.
The event brought together around 60 digital banking industry leaders from Malaysia, as well as government representatives from Sweden and Malaysia.
His Excellency Niklas Wiberg, Ambassador of Sweden to Malaysia, expressed his support for Villya’s initiative and emphasized the importance of fostering innovation to drive economic growth and financial inclusion.
His remarks emphasized the importance of international cooperation in advancing the region’s financial landscape.
Ruslena Ramli, Director of Fintech and Islamic Digital Economy MDECalso welcomed Viriya’s choice of Kuala Lumpur as its regional headquarters, highlighting Malaysia’s role as a growing technology hub for ASEAN and the wider APAC region.
She noted the importance of attracting global technology leaders like Viriya to accelerate the country’s digital economy.
During the event, Vilja entered into partnerships with four Malaysian companies (InsiteMY, Neurogine, Finology, and RC Technology) to deliver its banking solutions across the region.
Vilja’s core banking platform offers a modular, cloud-native solution for deposit and loan operations and was developed by one of Europe’s first digital banks.
The platform is highly automated and configurable, reducing time to market and increasing operational efficiency.
This technology is key to Vilja’s plans to serve both existing and future customers in ASEAN.
In addition, Vilja and MDEC Fintech Association of Malaysia (FAOM).
The collaboration between the Malaysian and Nordic fintech associations aims to strengthen fintech partnerships, with Vilja playing a central role in driving the exchange of expertise and solutions.
The initiative will begin with a delegation of Malaysian technology startups and industry leaders visiting Helsinki and Stockholm in November.
Fredrik Wolbenholm, CEO of Vilja, said:
“We came to Malaysia to stay and grow with our Malaysian partners in ASEAN and beyond.
We believe that ASEAN is the next global growth guarantor, and Malaysia enjoys a unique cultural DNA, developed economy and international talent pool, making Malaysia a great choice for the region and wider APAC. I believe this is the best starting point. ”
Juan Carlos Mauritz, Managing Director, Vilja APAC, added:
“Together with our Malaysian partners, we are already meeting with banks and financial institutions across ASEAN. This is a testament to Malaysia’s strong capabilities as a regional hub and the clear market need for our solutions. is.”
By working with the best local partners, our world-leading technology will be available to help ASEAN’s banking industry further reach underserved sectors of the economy. ”
The Kuala Lumpur event followed Viriya’s first ASEAN Launched in Bangkok The company signed several strategic partnerships to further expand its digital banking solutions in Thailand on September 16th.
This article was first published on fintechnews.my
