New Wealth and Microblink today announced a collaboration to provide an effective and advanced eKYC system for FSIs to ensure accurate and safe verification process while focusing on offering best-in-class user experience on mobile devices.
Headquartered in Singapore, New Wealth is specialized in the delivery of packaged solutions to support the digital marketing, sales and advisory of financial products to the fast-growing middle class - in Asian countries like Indonesia, Malaysia, and Singapore.
Microblink will join the network of specialized API partners of New Wealth, and its SDKs will be integrated into several New Wealth apps and micro-services: self-onboarding, onboarding with agents or relationships managers, and robo-advisory service.
“Microblink is continuously looking for strategic technology partners that have a good understanding of the clients’ needs and new opportunities in the local market. Our partnership with New Wealth is a great fit, as it will enable joint development of complete end-to-end eKYC solutions, which will hopefully lead to a long-term growth for both companies” said Izet Zdralovic, Co-founder & Board Member at Microblink.
Both New Wealth and Microblink have recognized that outstanding UX and simplicity are instrumental in the success of any new offering or tool to be released to the market, and their combined solutions will resonate to both B2C FinTech companies and established Financial Institutions.
“New Wealth is very proud to work closely with Microblink and support its solutions in the region. There is a great synergy between our respective focus areas - both companies have in their DNA to help FSIs reduce their time-to-market”, said Loïc PITROU, Co-founder and CEO at New Wealth.
The ongoing development of wealth management in ASEAN is powered by the growth of digital channels for wealth & asset management, as well as the leverage on AI and robo-advisory technologies to offer better wealth services at a lower cost to the fast-growing Asian middle class.
About New Wealth
New Wealth is a B2B FinTech provider of Client Acquisition and Needs-based Advisory apps to financial institutions. The New Wealth team of design thinkers and senior practitioners is committed to bringing best-in-class digital experiences to Asian financial institutions, with a focus on lead generation, client engagement and upselling to mass-affluent customers.
New Wealth delivers Banking, Insurance and Wealth apps for clients to bring self-service capabilities within Digital Investing & Savings, and modern digital sales tools for Relationship Managers to enhance client-facing interactions.
For further information
Loïc PITROU, CEO
Phone: +65 3159 3120
This press release is for information purpose only.
Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. Neither New Wealth nor Microblink makes any representation or warranty, express or implied, as to the accuracy, completeness or updated status of such statements. Therefore, in no case whatsoever will New Wealth, Microblink or their affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages.
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