The Cambodian Association of Finance and Technology (CAFT), an association registered with the Ministry of Interior and recognized by the National Bank of Cambodia (NBC), and AmCham Cambodia, an association which advocates pro-business policies that help businesses create jobs and grow the economy, have entered into a Memorandum of Understanding (MOU) to support the Cambodian Fintech sector and start-ups in the industry, to promote financial inclusion and social responsibility through the industry, and to raise awareness through entrepreneurship oriented events and efforts. The two associations have agreed tangible actions including reciprocal membership and event discounts, serving as industry partners for the Fintech and Startup communities, joint promotion of events and activities, and cooperation on the upcoming CAFT’s CamTech Summit in cooperation with World Fintech Festival by Singapore Fintech Festival, National Bank of Cambodia, Association of Banks in Cambodia and Cambodian Microfinance Association.
Remi Pell, Board Chairman of CAFT commented, “the United States is representative of some of the largest and leading technology companies in the world and the intent is to tap into AmCham’s expertise and leverage their membership in achieving our goals.”
AmCham President Anthony Galliano commented, “AmCham remains committed to work with the public and private sector in the promotion and support of business and commerce in the Kingdom. This is a great opportunity for the Chamber to elevate the Fintech sector and raise awareness of the commercial tech successes in the Kingdom, and at the same time leverage the expertise of the world’s leading technology companies, who are part of our membership, for the good of the country.”
Event was witnessed by board and executive members of both CAFT as well as AmCham.
The signing of the MOU by Remi Pell, Chairman of the Board and Anthony Galliano, President of AmCham was on September 16th at Backyard Cafe.