Sabah, Malaysia – November 10, 2023 – In a groundbreaking collaboration that marks a new era of financial inclusion and digital transformation for individuals and businesses across Sabah, Sabah Credit Corporation (SCC), fully owned by the Sabah State Government, and Sunline, as a leading provider of core banking solutions, proudly joined our customer’s event of the YONO Super App launching. This revolutionary financial app, fueled by cutting-edge technology and a strong partnership, facilitates various functions including easy digital financing applications, instant loans approval, and an e-wallet for both consumers and businesses.
YB Datuk Seri Panglima Haji Masidi Manjun, Finance Minister of Sabah, hands over the technical strategic partner certificate to Ruby Zhou, Sales President of Malaysia at Sunline, witnessed by George Taitim Tulas, CEO of Sabah Credit Corporation and Datuk Seri Panglima Dr. Yee Moh Chai, Chairman of Sabah Credit Corporation.
SCC's Digital Transformation Journey
SCC's digital transformation journey began three years ago with the introduction of Sabah Pay, a revolutionary payment collection app that has facilitated seamless transactions between the people and government agencies. Sabah Pay's success, with a total collection of RM46 million up to October 31, 2023, from 131,000 registered users, serves as a testament to SCC's commitment to digital inclusion and financial empowerment.
From the inception of the Sabah Pay app (since 2020) to the Yono Financing app (2023), Sunline has been playing a pivotal role in the development and implementation of the Yono Superapp as a technical strategic partner. Our team of experts, armed with extensive expertise in digital core banking, unwavering commitment to innovation, and a customer-centric approach, has been instrumental in shaping the app into a powerful tool for financial inclusion and economic growth.
The Yono Super App is a culmination of SCC's commitment to financial inclusion and so do vendors like us, our expertise in digital core banking. The partnership has enabled the creation of a unified financial ecosystem that consolidates three key applications such as Sabah Pay, Yono Financing App and other ecosystems, into a single, user-friendly platform. This integration eliminates technical obstacles, streamlines the user experience, and paves the way for rapid development and deployment of new features and functionalities.
Sunline's Participation in the Launch Event as a Sponsor
Together with Mr. Nelson Chan, Deputy CEO (Technology) at SCC, Ms. Amelia Xu, Chairman cum CEO of Sunline Group, Mr. Ruby Zhou, Deputy CEO of Sunline Group, and the Data expert team from HQ, Proudly Active Participation in the Launch Event
Sunline's involvement extended far beyond the development phase. Our team actively participated in the launch event, showcasing its cutting-edge digital core and data lake solutions specifically designed for banking and finance applications.
During the event's dedicated presentation slot, Fahmi, our pre-sales consultant from the Solutions team (MY), delivered an insightful presentation. In his address, Fahmi emphasized the transformative potential of data for small and medium enterprises (SMEs) and micro-SMEs (MSMEs) in the digital era. He highlighted how the Yono Superapp streamlines the loan application process and empowers these businesses with access to essential financial solutions, fostering economic growth and innovation within the state.
Muhamad Fahmi bin Mustafa, Presales Consultant at Sunline (Malaysia), talked about The Importance of Data to SMEs in Malaysia in this Digital Era.
Fostering Future Collaboration with SCC
In a further demonstration of our commitment to SCC's success, our team had a fruitful discussion with SCC's CEO, Mr. George Taitim Tulas, and CTO, Mr. Nelson Chan, to discuss potential future collaboration opportunities. Both parties expressed their enthusiasm for exploring ways to further enhance the Yono Super App and expand its reach to even more individuals and businesses in Sabah.
Sunline's involvement in the Yono Super App project exemplifies its unwavering commitment to empowering financial institutions and their customers through cutting-edge digital solutions. Our expertise in core banking, digital banking and data solutions, coupled with its unwavering commitment to innovation and customer focus, positions it as a trusted partner in driving financial transformation across the region.
We are excited to continue our partnership with Sabah Credit Corporation (SCC) and look forward to the positive impact the Yono Superapp will have on the lives of Sabahans. We are confident that this collaboration will pave the way for further innovation and growth in the financial landscape of the state.
About Sabah Credit Corporation
Sabah Credit Corporation (SCC) is a state-owned enterprise dedicated to providing financial services to small and medium enterprises (SMEs) and micro-SMEs (MSMEs) in Sabah, Malaysia. With a mission to promote the development of the SME and MSME sector, SCC plays a key role in Sabah's digital transformation journey. SCC offers a comprehensive range of financial products and services, including loans, financing, and advisory services to help SMEs and MSMEs start, grow, and succeed.
Sunline stands as a leading provider of digital core banking solutions, catering to financial institutions across Asia. Sunline's solutions are intricately designed to assist banks and financial entities in transforming operations, enhancing customer service, and reducing costs. Sunline boasts an impressive track record of success, providing digital core banking solutions utilized by some of the largest banks in Asia.