AND Solutions, a subsidiary of fintech company AND Global, has entered into a multi-year partnership with Microsoft and Crayon to accelerate its growth and expand into new markets across the Asia-Pacific (APAC) region.
The collaboration, announced in Thailand, will see AND Solutions become a Strategic Independent Software Vendor (ISV) for Microsoft, using Microsoft Azure to scale its operations and bring its intelligent document processing platform, mindox, to the Microsoft Commercial Marketplace. Mindox, powered by AND Solutions, helps organizations optimize document management by enabling efficient extraction of insights from financial documents, reports, and forms.
Baasandorj Davaasuren, Business Owner of mindox, expressed enthusiasm about the partnership. “We are excited to introduce our intelligent document processing and other fintech solutions such as credit scoring, lending systems, and more across Southeast Asia, backed by the strength of Microsoft Azure. This collaboration with Microsoft brings us one step closer to driving financial inclusion across the region,” he said.
The partnership comes at a crucial time, as financial inclusion remains a challenge in Thailand and other Southeast Asian markets. According to Capco, 63% of Thailand’s adult population is either unbanked or underbanked. By leveraging Microsoft’s cloud infrastructure, AND Solutions aims to support businesses in sectors like finance, banking, and property management, while promoting financial access.
Heather Gordon, Microsoft’s Regional General Manager for Asia, praised the innovation brought by AND Solutions. “With a powerful toolkit and infrastructure such as Microsoft Azure, we are confident that AND Solutions will successfully scale throughout Southeast Asia and offer business clients innovative and first-class solutions to streamline their operations,” she said.
The partnership between AND Solutions and Microsoft is expected to drive digital transformation for enterprises across the APAC region, while addressing the financial needs of underserved populations.