Wing and CEO Master Club partner to support SME in Cambodia

September 29, 2020

Wing and CEO Master Club will join hands to boost the digital financial ecosystem among SMEs

Phnom Penh, 26 Sep 2020—Wing (Cambodia) Limited Specialised Bank and business coaching platform CEO Master Club have signed off on a memorandum of understanding outlining a program to boost digital payment solutions among the club’s members.

Through this partnership, Wing and CEO Master Club will work closely together to enrich club members, most of whom are small-to-medium-sized enterprises (SMEs), with comprehensive knowledge of Wing’s digital payment solutions through training and capacity-building activities relevant to their daily business operations.

“SMEs have always been the key factor to economic growth of Cambodia,” Mr. Bunthe Hor, Deputy Chief Executive Officer of Wing. “They act as suppliers for big corporations and create jobs for people. However, due to their size, they may face various challenges when it comes to financial management and access to modern technology. At Wing, we want to share their burden and help them to grow with us.”

As one of Cambodia’s leading mobile banking service providers, Wing has been working diligently with business community partners and technical experts to develop an accounting solution tailored specifically for SMEs to help them more efficiently manage cash flow and scale up operations.

“On top of our own capacity-building programs for our SME clients, we acknowledge that inclusive digital financial platforms play an important role in accelerating growth across the board of our local economy,” said Mr. Thorninn Sean, CEO of CEO Group. “We believe this partnership with Wing will build a value-added service with potential benefits to our permanent club members.”

Wing and CEO Master Club are united in using their capacity to support Cambodia’s SME community as it helps to build the Kingdom’s economy.

Founded in 2010, CEO Master Club is a training and coaching institution for building and transforming small and family business owners reach their full potential and professionalism. Today, CEO Master Club is a home for more than 1,200 members who manage 2,000 companies. These companies have a total operation value of about USD$1,000 million each year and create more than 100,000 jobs for Cambodians.

The integrated system of Wing financial solutions offers an array of services including payroll management and fund disbursement, local and international transfers, payments for bills such as utilities, loan repayments, phone top-up and a world of other online and offline cash payments, all provided in a convenient, secure and instant manner.