CEO
of
AEON
Bank,
YM
Raja
Paduka
Teh
Maimunah
and
Managing
Director
of
foodpanda
Malaysia,
Tan
Ming
Luk
signed
the
MoU
that
outlines
the
strategic
partnership
The
Memorandum
of
Understanding
(MoU)
between
AEON
Bank
and
foodpanda
Malaysia
outlines
a
broad
scope
of
collaboration,
including
customer
acquisition,
digital
financing,
joint
campaigns
and
value-added
services
for
their
wider
ecosystem
of
customers,
riders,
merchants
and
business
partners.
YM Raja Datin Paduka Teh Maimunah Raja Abdul Aziz, Chief Executive Officer of AEON Bank stated, “This strategic partnership with foodpanda marks the beginning of an exciting chapter for AEON Bank. We look forward to providing value to foodpanda riders and merchants by enabling access to digital banking, rewards programmes and services that elevate their experience. By optimising foodpanda’s expansive network and connecting it with AEON Bank’s Shariah-compliant products and AEON Points loyalty programme, we aim to deliver meaningful impacts to the target segments — particularly gig workers and MSMEs — while driving growth and engagement.”
This partnership is strategically positioned to contribute to Malaysia’s rapidly growing food delivery and online grocery sector, where user penetration is expected to reach 34.2% in 2025 and over 14.5 million users by 2030 .
“We are thrilled to join forces with AEON Bank to create real, tangible benefits for everyone in the foodpanda community. For our riders, this partnership goes beyond deliveries — it enables access to tech-driven financial support, microfinancing and financial literacy programmes that can improve their livelihoods. Meanwhile, our merchant partners will have greater opportunities to grow their businesses faster with targeted campaigns and financing solutions to scale their operations. And for our customers, they can expect more value and convenience with exclusive rewards and easier access to AEON’s retail ecosystem. This partnership is more than just a commercial collaboration — it’s about empowering riders, accelerating merchant growth and making every customer experience even more rewarding,” said Tan Ming Luk, Managing Director of foodpanda Malaysia.
Various key programmes will be introduced as part of this collaboration, including co-branding engagement featuring the two mascots; AEON Bank’s Neko and foodpanda’s Pau-Pau. Several initiatives currently in the pipeline are:
For
Riders
-
A
joint
programme
to
support
delivery
riders
in
enhancing
their
mobility
and
livelihood,
including
access
to
AEON
Bank’s
digital
banking
offering,
financial
tools
and
essential
work
resources,
such
as
microfinancing
for
devices
and
motorcycle
purchases
-
Financial
literacy
initiative
to
expand
outreach
and
financial
empowerment
among
the
riders
-
Targeted
campaigns
with
AEON
Bank
for
foodpanda’s
merchants
- Financial solutions for merchants through the AEON Bank to Business (AB2B) Programme and financing for wholesale purchases, enabling inventory expansion and business growth
-
Special
rewards
and
promotions
for
customers,
while
adding
value
to
their
foodpanda
orders
-
Expanded
access
across
the
AEON
retail
ecosystem,
hence
allowing
customers
to
purchase
groceries
online
beyond
just
AEON
MaxValu
Prime,
thereby
increasing
convenience.
Visit the website of AEON Bank and foodpanda for further details and stay updated on exclusive offers on social media.
https://www.aeonbank.com.my/
https://www.linkedin.com/company/aeonbankmy/?viewAsMember=true
https://x.com/aeonbankmy
https://www.facebook.com/aeonbankmalaysia
https://www.instagram.com/aeonbankmy
TikTok:
https://www.tiktok.com/@aeonbank
Hashtag: #AEONBank #foodpandaMalaysia #DigitalBanking #IslamicDigitalBank #ShariahCompliant #FinancialInclusion #IslamicFintech
The issuer is solely responsible for the content of this announcement.
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