Wing Bank and MOVE to Boost Cambodia’s Transportation and Financial Services

Move joins Wing Bank to enhance ride-hailing transport services and foster financial inclusion in Cambodia.

Phnom Penh, 24 June 2024—Wing Bank (Cambodia) Plc and Move-By LM CAR have forged a strategic collaboration to revolutionize transportation services and digital payment solutions in Cambodia.

“This collaboration reflects our vision to create a more connected and inclusive society,” stated Hor Bunthe, Deputy CEO of Wing Bank. “By partnering with Move, we are taking a significant step towards empowering every Cambodian with accessible financial tools and reliable transportation.”

The partnership was solidified with the signing of a Memorandum of Understanding by Hor Bunthe, Deputy CEO of Wing Bank, and Zheng Pei, CEO of Move, in the presence of senior management from both organizations.

This collaboration places a high priority on the safety, comfort, and convenience of Cambodian commuters by leveraging Move’s cutting-edge transportation services and Wing Bank’s robust digital payment platform.

“We are thrilled to embark on this journey with Wing Bank,” said Zheng Pei, Move’s CEO. “This partnership marks a significant milestone as we expand our commitment to providing seamless and secure ride-hailing experiences while integrating innovative financial solutions.”

Zheng Pei further added, “We eagerly anticipate the positive impact this collaboration will have on our customers’ daily lives. Together with Wing Bank, we are dedicated to creating value and enhancing the overall experience for our users.

The collaboration will empower Move users with streamlined payments and the convenience of cashless transactions through Wing Bank’s integrated digital payment solutions, promoting financial inclusion and thereby empowering individuals historically underserved by traditional banking systems.

“Together, we are making transportation safer and payments simpler, contributing to a more inclusive and connected society,” concluded Hor Bunthe.

This collaboration represents a forward-thinking approach to the future of transportation and financial services in Cambodia, showcasing Move and Wing Bank’s shared commitment to innovation and customer-centric solutions, aiming to create long-lasting value for their users and the community as a whole.