Phnom Penh, 17 March 2025: J Trust Royal Bank and Morakot Technology entered into business partnership through the signing of a Memorandum of Understanding (MoU) at J Trust Royal Bank Head Office, with the objective to collaborate on integrating their software applications with the goal of enhancing digital payment solutions for small and medium-sized enterprises (SMEs).

This partnership is set to provide a seamless, efficient, and secure digital payment experience tailored to meet the growing needs of SMEs. Through this collaboration, both companies will work closely to share technical resources and expertise. Morakot Technology will provide essential information and support for the integration of its software with J Trust Royal Bank’s systems, while J Trust Royal Bank will offer the necessary infrastructure and technical assistance for seamless connectivity. Both parties will also facilitate introductions to their respective customers, ensuring a smooth transition to the new integrated payment system.

“At Morakot Technology, we are committed to driving digital innovation in the financial sector. Our partnership with J Trust Royal Bank marks a significant step towards providing SMEs with more efficient and secure digital payment solutions. By integrating our cutting-edge financial software with J Trust Royal Bank’s robust banking infrastructure, we aim to enhance the way businesses manage transactions, improve cash flow, and foster growth in Cambodia’s SME ecosystem,” said Mr. Khuon Sophorth, CEO of Morakot Technology.

Mr. Akihiko Kisaka,Deputy CEO of J Trust Royal Bank mention that “This integration is expected to improve the efficiency and reliability of digital payment systems, enabling SMEs to streamline their financial operations, enhance customer experiences, and ultimately grow their businesses. By combining the strengths of J Trust Royal Bank’s banking solutions and Morakot Technology’s software expertise, this partnership is poised to set new standards in digital payment solutions for SMEs across the country.”

J Trust Royal Bank and Morakot Technology a shared commitment to fostering innovation, improving access to financial tools for the transformation of the financial services industry.

About J Trust Royal Bank

J Trust Royal Bank is a joint venture between J Trust Co., Ltd, a Japanese diversified financial holding company listed on the Tokyo Stock Exchange, and Royal Group Finance Co., Ltd, one of Cambodia’s largest conglomerates. J Trust Royal Bank is one of Cambodia’s largest foreign banks with an ever-growing commitment to provide world-class financial services to Cambodian people and expatriates living in and working across the Kingdom with more than 600 employees servicing in 17 branches in Phnom Penh, Siem Reap, Battambang, Kompong Cham, and Sihanoukville provinces.(www.jtrustroyal.com)

About Morakot Technology

Morakot Technology is a leading provider of cloud-based core banking platforms and business management systems, designed for microfinance institutions, banks, and SMEs. Founded in 2015 by a team of banking, technology, and microfinance experts, Morakot is dedicated to delivering secure, customizable, and reliable software-as-a-service (SaaS) solutions. Since its inception, Morakot has empowered 56 financial institutions across Cambodia, Myanmar, and Thailand, serving 650,000 clients with a collective loan portfolio exceeding US$1.5 billion. Through continuous innovation, Morakot remains committed to driving digital transformation in the financial sector, enabling institutions to operate more efficiently and scale with confidence. www.morakot.it