Iceland Fintech Meniga Plans APAC Growth

Apr 1, 2021Updated May 19, 20251 min read

The Iceland-based company has announced a new partnership with Visa to accelerate its expansion across the APAC region.

Digital banking solutions provider Meniga plans to capture growth opportunities in Southeast Asia, following its certification as a Fintech Enablement partner under the Visa Ready Program, which will help facilitate partnership opportunities with financial institutions, fintechs and businesses in the region.

Meniga has developed digital tools for financial institutions such as UniCredit, Crédito Agrícola and Swedbank, which revolve around advanced data consolidation and enrichment, customer engagement and new revenue opportunities.

This marks an important step in our plans to accelerate our expansion within the APAC region, where we see a substantial growth opportunity, with the regional fintech ecosystem currently booming, Georg Ludviksson, CEO & co-founder of Meniga, said in an announcement on Wednesday.

The company entered the Southeast Asian market in 2019, when it opened a new office location in Singapore. It has since successfully launched some of the most popular banking apps in the region, including for UOB.

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Mei Ling Tan

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Mei Ling Tan is the Editor of Retail News Asia, where she leads the editorial team in delivering in-depth coverage of Asia’s dynamic retail landscape. With over a decade of experience in business journalism, Mei Ling is known for her sharp analysis, deep industry insights, and commitment to uncovering the stories behind Asia’s most innovative retail brands. Before joining Retail News Asia, Mei Ling held senior reporting roles at regional business publications, covering everything from consumer trends to digital transformation in retail. A graduate of the National University of Singapore with a degree in Communications and New Media, she combines journalistic integrity with a strong understanding of evolving market forces. Outside the newsroom, Mei Ling is a frequent speaker at industry panels and a mentor for young journalists.

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