Silverlake Group, founded by Goh Peng Ooi, Southeast Asia's first tech billionaire, looks to partner with Nagad, one of the country's top mobile financial services.
After learning about Nagad and studying the related case studies, Goh Peng Ooi has shown keen interest in this regard. This will mark Silverlake Group's first partnership initiative in South Asia, says a press release.
Tanvir A. Mishuk, founder and CEO of Nagad Ltd., recently paid a courtesy call on Goh Peng Ooi at his residence in Malaysia on an invitation from the billionaire. Impressed by Nagad's customer-friendly innovations, acquisition of over 90 million customers in just five years, and its unique business model, Mr Ooi promptly expressed his interest.
Founded in 1989, the Silverlake Group, a software organisation that offers leading-edge tech and financial solutions, currently provides support to more than 400 banks operating in over a hundred countries.
The leading tech solution provider's business collaborations extend across Europe, America, Australia, Africa, and Asia.
During the meeting, Goh Peng Ooi said they had previously received multiple proposals from different companies based in various South Asian countries, including Bangladesh and India, but they hadn't found sufficient reasons to integrate them into Silverlake. However, they perceive Nagad differently in the realm of financial entities.
Goh Peng Ooi, also the chairman of Silverlake Group, has revolutionised the use of information technology in the banking industry.
According to the proposal, Silverlake Group will offer Nagad the opportunity to utilise its most advanced banking technologies.
Nagad believes that this initiative will not only benefit Nagad but also bring significant changes to the entire banking sector in Bangladesh.
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