Huawei Malaysia and ADL In New FinTech Solution Deal

The MoU was signed by Chief Executive Officer of Axiata Digital Labs, Mr Thushera Kawdawatta and Chief Executive Officer of Huawei Malaysia, Mr Michael Yuan.

Huawei Malaysia and ADL In New FinTech Solution Deal

[KUALA LUMPUR, 15 JUNE 2022]: Axiata Digital Labs (ADL), a subsidiary of the Axiata Group Bhd, and Huawei Technologies (Malaysia) Sdn Bhd (Huawei Malaysia) have ventured into a partnership on the development of digital transformation solutions in financial technology (FinTech), powered by Huawei Cloud.

The collaboration will see both ADL and Huawei Malaysia join forces to explore, develop and market new technology and software solutions in the field of digital financing services. This initiative forms the first step in bringing together Huawei Malaysia and ADL in expanding the utilisation of products and services for the Digital Financial Services market growth.

Leveraging their respective expertise, the partnership aims to benefit the productivity and viability of local businesses and industries through the use of digital solutions provided by both parties.

The MoU was signed by Chief Executive Officer of Axiata Digital Labs, Mr Thushera Kawdawatta and Chief Executive Officer of Huawei Malaysia, Mr Michael Yuan.

Commenting on the partnership, Chief Executive Officer of Axiata Digital Labs Mr Thushera said the collaboration between ADL and Huawei Technologies provides tremendous opportunities for two world-class innovators to explore, develop, and work on truly fascinating areas of technology.

”I am convinced that our collaboration will yield digital transformation solutions that will benefit industries, businesses, and society”.

FinTech through Huawei Cloud

Chief Executive Officer of Huawei Malaysia Mr Yuan said that the MoU serves as an opportunity to further connect and forge strategic partnerships across various industries as Huawei is always open to building a holistic ecosystem with key stakeholders.

“We, at Huawei, are excited to explore our collaboration with Axiata Digital Labs in creating digital solutions through Huawei Cloud.

“This includes FinTech, which is the new digital financial service ecosystem which allows partners to develop applications for diverse industries, laying a robust foundation for ubiquitous digital financial services. This bridges the digital divide between industries and economic sectors, improving productivity across all layers of society,” Mr Yuan said, adding that this will also serve to benefit and drive the nation’s digital economy forward.

Huawei Cloud is a leading a cloud service provider which brings Huawei’s years of expertise together in ICT infrastructure products and solutions. Committed to build a cloud foundation for an intelligent world, Huawei Cloud strives to make a difference in bringing digital to local industries for a better- connected Malaysia.