Parkson Credit and Boost Bank are teaming up to give underserved Malaysians easier digital access to loans, insurance and current or savings accounts.
The alliance combines Boost Bank’s banking infrastructure with Parkson Credit’s consumer financing expertise.
Customers will be able to access the products through simplified onboarding and digital channels.
Danny Poh, Chief Executive Officer of Parkson Credit said,
“By leveraging our complementary strengths, we are confident this partnership will create a more seamless and efficient financing ecosystem, enabling us to serve underserved communities more effectively while accelerating our growth across broader market segments.”
Fozia Amanulla, Chief Executive Officer of Boost Bank said,
“This partnership reflects our shared commitment to making banking simpler, more convenient and more relevant by combining Boost Bank’s digital banking capabilities with Parkson Credit’s established consumer financing expertise.
Together, we are creating a more connected ecosystem of banking and financial solutions that empower more Malaysians to participate confidently in the digital economy.”
The companies did not disclose which products would be introduced or when they would become available.
Featured image: Edited by Fintech News Malaysia, based on image by Boost Bank
