News

The Ministry of Economy and Finance (MEF) and Canada-headquartered ABA Bank signed a Memorandum of Understanding (MoU) today to collaborate within the framework of digital economy and financial technology development in Cambodia. ...

Get a loan sanctioned within a few hours, sometimes in minutes, and that too on the basis of an application you place through a mobile chat sitting at home! Well, this is already happening in Cambodia and some microfinance institutions (MFIs) have embraced the fast-developing ...

The number of e-wallet accounts in the Kingdom reached 17.9 million at end-December amid an acceleration in electronic payment volumes driven in part by Covid-19 anxiety, reflecting gradual fintech (financial technology) development towards achieving the government’s digital economy objectives. ...

The number of e-wallet accounts in the Kingdom reached 17.9 million at end-December amid an acceleration in electronic payment volumes driven in part by Covid-19 anxiety, reflecting gradual fintech (financial technology) development towards achieving the government’s digital economy objectives. ...

Bakong payment system infrastructure has increased remarkably and has contributed to the use of financial technology and innovations, the National Bank of Cambodia said on Monday. ...

Blockchain network CamDL launches this week with the aim of providing the public with a platform to experiment with blockchain technology to solve daily issues, such as managing digital assets and strengthening data protection.​ ...

The Ministry of Economy and Finance will organize its first ever ‘Fintech Stage’ exhibition in Cambodia to promote the digital economy. The Fintech Stage will join the Cambodia Tech Expo 2022, to be held from November 11-13 at the Koh Pich Convention and Exhibition Centre. ...

The finance minister has asked South Korea’s Booyoung Group to invest more in the Cambodian financial-technology (fintech) market, which has seen remarkable growth during Covid-19, as the company’s chairman revealed preliminary plans for a university in the Kingdom focused on fintech and taxation. ...

Over the past few years, digital financial services have seen greater adoption in Cambodia, a trend that was accelerated by the COVID-19 pandemic and the social distancing measures put in place to limit the spread of the virus. ...

Payment systems in Cambodia have seen remarkable strides in line with the evolution of financial technology (fintech) and significantly contribute to the development of the national economy, as digital transactions witness a Covid-19 boom, the National Bank of Cambodia (NBC) said in the 2020 annual ...

ACLEDA Bank Plc, one of the largest commercial banks in Cambodia, announced that it is boosting and expanding its self-automation post banking services as part of its focus on digitalisation in the Kingdom. ...

With more cellphones existing in the Kingdom than citizens and one of the youngest populations in the world, Cambodia’s mobile financial industry may be poised to bring the Kingdom’s deficit in financial inclusion to an end. ...

Cambodian women-led fintechs, technology or regulated financial institutions are among the enterprises eligible for the recently-launched Women Enterprise Recovery Fund to promote and expand their businesses, according to the UN Economic and Social Commission for Asia and the Pacific (UNESCAP). ...

Techo Startup Centre (TSC), under the Ministry of Economy and Finance and the association of banks in Cambodia, yesterday signed a memorandum of understanding (MoU) on cooperation to promote financial technology systems in Cambodia. ...

National Bank of Cambodia (NBC) governor Chea Chanto said on Monday that the Kingdom’s economy has maintained robust growth with low and manageable inflation which paves a favourable path for the banking sector’s continuous development. Meanwhile, fintech is playing an important role in the financial ...

While financial technology, or fintech, has made little traction so far in Cambodia, panellists at a conference in Phnom Penh on Friday expressed confidence that the sector was poised for rapid growth.​ ...

Addressing the delegates, Chea Serey, director general of National Bank of Cambodia (NBC), stressed the role and importance of digital finance initiatives in broadening financial inclusion. She said digital finance could be a “game changer” for Cambodia’s nascent financial sector as it enables financial service ...