audax Financial Technology Qorus-Infosys Finacle Banking Innovation Awards 2025

The audax journey began by powering Standard Chartered Nexus (SC nexus), Standard Chartered’s global BaaS offering, aimed at solving scalability issues for retail and SME businesses while enabling financial inclusion in the ASEAN region. Powered by audax’s technology, Standard Chartered became the first global bank to provide BaaS in Asia. The partnership between Standard Chartered and Bukalapak in launching BukaTabungan exemplified how audax enabled truly paperless, digital banking access, serving Bukalapak’s ecosystem of more than 150 million users and 20 million business owners. This partnership helped Standard Chartered triple its customer base within 6 months of launch. But audax’s impact doesn’t stop there. With the recent inclusion of Maybank Islamic as a client, audax’s platform is now helping transform digital banking in Southeast Asia, offering new solutions to millions of underbanked customers. Moreover, our strategic partnership with Jeel in Saudi Arabia is accelerating digital financial services in the Middle East, further solidifying our global footprint. The vision behind audax is not just to drive transformation within our clients but to rewire the very DNA of banking. This vision led to the creation of audax, with the goal of offering its capabilities to banks and financial institutions and powering them with the ability to execute alternative digital banking business models. audax is a comprehensive digital banking solutions provider, empowering banks and financial institutions to scale and modernise at speed. We target banks and financial institutions aiming to grow their retail banking and SME share, neobanks looking to launch but needing a technology stack, and non-fintech entities wanting to offer closed-loop services. Key Use Cases: • Digital Banking: A fully integrated, scalable solution for banks to offer digital banking services. • Banking-as-a-Service (BaaS): A white-label platform enabling banks and fintechs to launch new services quickly. • Modernisation of Incumbent Infrastructure: Seamlessly integrating with existing legacy systems for rapid digital transformation. audax boasts an end-to-end digital banking platform with modularised capabilities, designed to efficiently handle millions of customers concurrently. Through its plug-and-play solution, audax offers a complete suite of banking capabilities covering the entire client lifecycle, from client and staff interfaces to deposits, lending products, client servicing, and data reporting. Built for Flexibility and Scalability: Our core banking and infrastructure-agnostic technology allows banks to adopt digital banking capabilities without costly and time-consuming migrations or in-house development. The platform’s multi-tenancy design ensures rapid deployment, with the ability to serve millions of customers and easily integrate multiple partners per country. Security and Compliance: The audax platform places strong emphasis on adhering to local security and compliance regulations. Through rigorous assessments and approvals, we ensure full compliance with applicable legislations, both globally and locally. The platform also fosters ecosystem connectivity, enabling seamless data sharing between client banks and their partners to enhance the user experience and create valuable data products. Real-Time Analytics: The platform incorporates a modern data lake for both real-time and offline analytics, providing a deeper understanding of customer behaviors and enabling truly customised offerings.