Morakot muscles in on Cambodia’s financial sector with attractive fintech offering

Cambodian software firm Morakot Technology is looking to become a major financial technology (fintech) player in the Kingdom with the development of an operating system for banks and microfinance institutions (MFIs) that hopes to provide cost-effective solutions to the country’s medium and small-sized players.

The software, called Morakot VB, was developed to provide a cheaper and simpler operating and accounting platform for the Cambodian financial industry, especially for small-sized MFIs, rural credit operators and non-government organisations working with financing solutions, according to Khuon Soporth, CEO and co-founder of Morakot Technology.

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