Hong Leong Bank is looking to partner with startups to create ‘out-of-the-box’ solutions contributing to long term positive impact for our Community, Environment, and the Financial Services Industry
KUALA LUMPUR, MALAYSIA – The Bank is also currently collaborating and mentoring the HLB Launchpad 2020 winners – Food Market Hub, Pay:Watch, and ERTH. With Food Market Hub, a F&B ecosystem provider which has streamlined the entire value chain of farm-to-restaurant, HLB is working with them on a pilot project to help businesses best leverage the digital banking ecosystem to run their business on-the-go, while with Pay:Watch, the Bank is currently piloting an initiative to provide gig workers instant access to earned wages before their pay day. As for ERTH which is an e-waste recycling startup, they are helping the Bank manage and recycle its electronic waste (“e-waste”).
Shailesh Grover, Chief Digital and Innovation Officer said, “Embracing our digital-at-the-core strategy over the past few years, has resulted in a significant pay off as it enabled us toquickly adapt to the new realities that came with the pandemic. This strategy enabled us to continuously listen to the Voice of our Customers (VOC) and reimagine the way we design newer experiences to serve and interact with them. This has also enabled us to stay ahead where we leverage our innovation and community labs to create novel digital propositions that have a singular focus – delight customers at every touchpoint.”
“A big part of us being able to achieve that is the entrepreneurial heritage that is part of our DNA combined with a strong commitment to being a Community bank. We highly value collaboration as it allows us to leverage on each other’s strengths and theHLB Launchpad is a platform that enables us to do that with ecosystem partners, fintech and tech players, all who bring revolutionary ideas to challenge the conventional ways. We welcome all startups who want to be part of co-creating effective and sustainable digital banking and finance solutions that will help shape the future of our society,” concluded Grover.
HLB Launchpad 2021 is a collaborative setup that brings together our partners – MDEC, Cradle Fund, MaGIC, Malaysian Business Angel Network (“MBAN”) and pitchIN under a common vision to cultivate a vibrant and competitive startup community that will disrupt, innovate and grow together.
Additionally, startups stand to gain immense benefits by being part of the HLB Launchpad 2021 as, among other things, they will have the opportunity to tap into:
● Hong Leong Group’s regional businesses across financial services, manufacturing, property development, hospitality & leisure and healthcare in Malaysia, Singapore, Vietnam, Hong Kong and Cambodia.
● Jumpstart@65, a state-of-the-art community hub with facilities such as event space, co-working space and usability labs amongst others.
● A suite of banking facilities such as a business current account and micro-financing as well as digital business solutions offerings including an all-in-one POS terminal, cloud-based HR, Payroll, Accounting and digital advertising services.
based on this page: https://www.hlb.com.my/en/business-banking/group-sme-banking/digital-business-solutions.html
To register for or find out more on HLB Launchpad 2021, please visit https://www.hlb.com.my/hlblaunchpad . Applications are open until 1 October 2021.
About Hong Leong Bank Berhad
Please visit www.hlb.com.my
Source:: Media Outreach
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