AEON Bank has partnered with foodpanda Malaysia to promote digital banking adoption among the platform’s customers, riders, merchants, and business partners.
Under a newly signed memorandum of understanding, the two companies will work together on customer acquisition, digital financing solutions, joint marketing campaigns, and value-added services within the foodpanda ecosystem.
As Malaysia’s first Islamic digital bank, AEON Bank aims to offer foodpanda riders and merchants access to digital banking, rewards programmes, and services designed to enhance their experience, said CEO YM Raja Datin Paduka Teh Maimunah Raja Abdul Aziz.
By leveraging foodpanda’s extensive network alongside AEON Bank’s Shariah-compliant offerings and AEON Points loyalty programme, the partnership seeks to deliver tangible benefits to target groups—especially gig workers and MSMEs—while driving growth and engagement, Teh Maimunah added.
The collaboration is also expected to support Malaysia’s expanding food delivery and online grocery market, where user penetration is projected to hit 34.2% in 2025 and exceed 14.5 million users by 2030.
The MoU was signed by AEON Bank CEO YM Raja Datin Paduka Teh Maimunah and foodpanda Malaysia Managing Director Tan Ming Luk.
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