Cinimex Group and Aswant Group Announce Strategic Partnership and Upcoming Fintech Innovation Day in Malaysia November 25th, 2025, Kuala Lumpur, Malaysia.
“Cinimex Group and Aswant Group are excited to announce the signing of a Memorandum of Understanding (MOU) establishing a strategic partnership to drive digital transformation in the financial services sector across Malaysia and Indonesia. This collaboration will bring together Cinimex’s 28 years of engineering expertise and Aswant’s deep local market knowledge to deliver innovative, secure, and efficient solutions tailored for the Malaysian Financial Services Institutions (FSI).
The Malaysian FSI market demonstrated strong resilience and growth in 2024, with total financial volume expanding by 8.2% to RM38.7 trillion.
As part of this partnership, the companies are hosting the joint Fintech Innovation Day on November 25, 2025, a dedicated event focused on showcasing cutting-edge digital solutions for Malaysian banks, financial firms and enterprises with critical IT systems. This initiative marks the first practical step toward accelerating digital innovation in the region.
Nor Asrul, Managing Director of Aswant Group, and Viacheslav Fokin, Vice President and International Business Director of Cinimex Group, are leading the event and sharing insights on the vision and future of digital landscape transformation powered by this partnership. A key milestone already achieved under the partnership includes training Aswant’s engineering team on Cinimex’s UBA solution, enhancing capabilities in behavioral analytics and anomaly detection.
Going forward, the alliance aims to deliver expertise and applications to 30+ of Malaysia’s fastest-growing commercial banks and FSI companies, supporting their journey toward next-generation digital ecosystems.”
