Tencent Cloud and Malaysian fintech Boost announce partnership

Tencent Cloud, the cloud business of global technology company Tencent, has announced a partnership with Malaysian fintech and digital bank Boost to support the fintech’s digital transformation and innovation initiatives across Malaysia and Indonesia.

Under the agreement, Tencent Cloud and Boost have entered into a partnership spanning AI innovation, cloud infrastructure modernisation and super app development.

Tencent explains that as fintech companies across Southeast Asia scale their operations and expand service offerings, organisations are increasingly seeking strategic cloud partners that can provide integrated solutions spanning infrastructure, AI and platform technologies.

To support its next phase of growth, Boost has selected Tencent Cloud as a strategic technology partner to consolidate infrastructure, accelerate AI adoption, and drive innovation across its digital ecosystem.

The collaboration encompasses three key pillars. First, Tencent Cloud will provide its scalable infrastructure-as-a-service (IaaS) capabilities to Boost across Malaysia and Indonesia. This will enable Boost to streamline infrastructure management, improve operational agility, and support future business expansion with scalable cloud resources.

Second, Boost will leverage Tencent Cloud Super App as a Service (TCSAS) to augment existing customer experiences, drawing on Tencent Cloud’s expertise in building large-scale super app ecosystems. The platform will integrate multiple financial services into a unified user experience, enabling consumers and businesses to access a wider range of digital financial solutions through a single application.

Additionally, Boost will partner with Tencent Cloud on its AI development roadmap to co-create products and leverage the existing off-the-shelf products offered by Tencent Cloud.