Neurogine’s Impact: Exporting Financial Inclusion to Asia Pacific

Financial inclusion is a critical driver of economic growth and social development in the Asia Pacific region. While we have witnessed significant progress, a significant number of individuals and businesses remain underserved or excluded from the formal financial system. This gap hinders economic growth, exacerbates poverty and limits opportunities for millions.

Neurogine Sdn. Bhd. is stepping up to tackle this challenge head-on. With a focus on exporting its experience and successful strategies, Neurogine is committed to democratising financial services across the region. According to Neurogine CEO, Owen Chen Chee Onn, “We are leveraging our prowess in financial and payment technology to increase the accessibility of financial services for all.”

This commitment is more than just a business objective; it’s a mission to empower communities and foster economic growth.

As Neurogine embarks on an ambitious journey to enhance financial inclusion across Southeast Asia, the company has set its sights on five key markets in Indochina: Cambodia, Laos, Myanmar, Thailand, and Vietnam. This strategic focus for 2025 is a testament to Neurogine’s commitment to expanding its impact and reaching underserved populations in these regions.

Owen Chen expresses confidence in their trajectory, stating, “We have the momentum, having established our creditability, continuously building trust with key stakeholders and partners, gaining global accreditation for our technology and more importantly, being able to attract talent and grow our skilled workforce.”

These elements are critical for Neurogine to be export-driven and successfully venture beyond Malaysia’s borders.

“We are grateful for opportunities and collaborative efforts with MIDA to realise our focus and assist in efforts to attract foreign investments to Malaysia,” he said, adding that Neurogine’s clients currently include CB Bank PCL in Myanmar; PT Bank Pan Indonesia Tbk and PT Pos Indonesia in Indonesia; Vattanac Bank Ltd and CamGSM Co. Ltd in Cambodia; Bank Kerjasama Rakyat Malaysia Bhd in Malaysia; and Vietnamobile Telecommunications Joint Stock Company in Vietnam.

“Our palette of technology and solutions have grown, with new products for tokenisation and the use of hybrid blockchain architectures,” said Owen Chen.

In July 2024, Neurogine’s flagship solution, Neurogine n2Tap became the first Malaysian technology – and only the 11th globally – to earn certification as a Mobile Payments on Commercial-Off-The-Shelf (MPoC) Software by the Payment Card Industry Security Standards Council (PCI SSC). In December 2024, Neurogine n2Tap received its second certification from PCI SSC, after meeting the council’s broader and more stringent MPoC Solution standards. These milestones underscore the company’s commitment to delivering secure, cutting-edge financial solutions.

Neurogine is also accredited by Mastercard as Pilot Ready and by VISA as a Mobile Wallet/ Mobile App Developer. In November 2024, Visa certified and approved Neurogine n2Tap under its Tap to Phone category, positioning Neurogine among the top three (3) Malaysian technology companies in this segment.

In September 2024, Neurogine attained the Malaysia Digital (MD) status from the Malaysian Government, in recognition of its efforts and contributions to the nation’s digital transformation. This achievement followed its listing in the KPMG-HSBC Emerging Giants in Asia Pacific 2022 regional report.

Most recently, Neurogine earned recognition from Visa Global as a Visa Partner and listed in the Visa Direct Partner Directory. This places Neurogine among a select group of Malaysian technology companies to achieve this distinction, further establishing its reputation as a fintech leader.

Neurogine’s 2025 strategy goes beyond financial institutions and telecommunication companies. “We are broadening our focus to include townships, education institutions, and manufacturers – sectors with underserved communities in need of intuitive digital financial platforms,” said Owen Chen.

This bold move aims to create a more equitable and prosperous future across the region. “Democratising financial services requires collaboration, especially in multicultural, cross-border contexts,” Owen Chen emphasised. Neurogine’s tailored solutions for underserved populations exemplify its commitment to making financial inclusion a reality.

Connect with Neurogine at www.neurogine.com