Maybank, a financial services firm based in Malaysia, has entered a memorandum of understanding (MOU) with Singapore's Doxa Holdings International, a fintech company, to enhance supply chain financing solutions for players in the building and construction sector.
The collaboration, named Doxa Connex, will extend to other industries in the future. Aligned with Maybank's Malaysia-Singapore trade corridor strategy, Doxa Connex will facilitate the expansion of SCF solutions for large corporations and SMEs in Singapore and Malaysia.