TPIsoftware and HES FinTech to expand footprint in APAC and Europe
By Gloria Mathias
TPIsoftware, the enterprise software company, has announced a new strategic partnership with HES FinTech, a digital lending platform provider, to trigger fintech disruption across the Asia-Pacific and Europe regions.
This partnership aligns with both TPIsoftware and HES FinTech’s commitment to expanding their global footprint. In addition to its presence in APAC with subsidiaries in Singapore, Vietnam, Japan and Thailand, TPIsoftware has been mapping its partner networks in Vietnam, Indonesia, Cambodia, and more in recent years.
This alliance signifies an important milestone for TPIsoftware, as it debuts in the European market. The alliance is poised to empower TPIsoftware to extend its global reach into Europe and HES FinTech to penetrate the Asian market.
By leveraging the strengths of both entities, the synergy is expected to bring forth financial ecosystem innovation for the BFSI sector with the pre-integration of TPIsoftware’s enterprise API management platform digiRunner and HES FinTech’s lending-as-a-service platform Loanbox. The pre-integrated platform is set to ensure enhanced lending workflow and data exchange with optimised efficiency, security, flexibility, and customer experience and ultimately deliver exceptional value to the fintech space.
“Our alliance with TPIsoftware allows for a seamless integration of LoanBox and other pivotal systems into the IT environments of our largest clients. With LoanBox at the forefront of the lending process, digiRunner ensures unparalleled data security, addressing potential data risks. This partnership paves the way for swift lending product testing, immediate user feedback collection, and efficient data communication with key systems. Clients can now leverage state-of-the-art tools without the need for extensive system modifications or significant investment, all while maintaining data integrity and brand reputation,” said Ivan Kovalenko, Co-founder of HES FinTech.
Ben Yao, CEO of TPIsoftware, added, “We’re delighted to announce this partnership with HES FinTech, the region’s leading fintech expert, to empower lending businesses to stay competitive, compliant, and responsive to market demands. Together, we will leverage our fintech capabilities to deliver top-notch services and unlock new opportunities, strengthening our position as a leader in the fintech sector.”
IBSi Daily News Analysis
January 16, 2024
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