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Trusted by industry leaders

Learn how companies like yours are working with audax to build new revenue streams and enable scale.

Powering Standard Chartered’s BaaS solution

By embedding financial products directly on mass digital ecosystems, Standard Chartered was able to tap and acquire previously unbanked segments who were platform users at a lowered acquisition cost. Standard Chartered partnered all-commerce Bukalapak to launch BukaTabungan in Indonesia, a digital banking service that is inclusive, easy to use and secure to Bukalapak’s ecosystem of over 110 million users and 20 million business owners. Standard Chartered nexus will be launching with Indonesian beauty e-commerce Sociolla in 2023, and the third partner in the second market is concurrently being deployed and a public announcement is expected in H1 2023.

Well-benchmarked application rating of 4 for BukaTabungan

Digital account opening time as fast as 2.09minutes

98% New To Bank customers

Read more

Driving Digital Transformation for Maybank Islamic

audax has been appointed as the strategic partner to drive Maybank Islamic’s digital transformation, bringing modern, customer-centric digital banking solutions to the forefront of Islamic finance. Leveraging AWS’s secure cloud infrastructure, Audax’s comprehensive platform is set to deliver innovative, Shariah-compliant services.

By enabling paperless, real-time onboarding and instant access to digital banking services, audax is helping Maybank Islamic redefine the customer experience, aligning its offerings with the principles of Islamic finance.

audax’s scalable, cloud-native platform will not only enhance Maybank Islamic’s current capabilities but also empower other banks and financial institutions to better serve their customers across the region. With a strong commitment to inclusivity, innovation, and compliance, this partnership marks the beginning of an exciting journey to shape the future of digital Islamic banking. Read more here.

Building Amanah Pro with Maybank x Muslim Pro

Less than a year after audax was appointed as Maybank Islamic’s strategic technology partner, the first live product is here: Amanah Pro. Built jointly with Maybank Indonesia Syariah and Muslim Pro, the digital Shariah banking experience is now live in Indonesia, embedded directly within Muslim Pro, one of the world’s most widely used Muslim lifestyle platforms with over 190 million downloads.

Users can now open Maybank Tabungan MyArafah, a Shariah-compliant Hajj savings account and a critical first step in Indonesia’s Hajj registration process, without leaving the app. A process that can otherwise take several days is reduced to minutes through digital onboarding and verification. Read more here.

For audax, Amanah Pro is proof that modern banking infrastructure can move as fast as the opportunity demands. The deployment demonstrates 3 things that matter to any bank considering modernisation:

Cloud-native infrastructure built for compliance from day 1

Regulated Shariah-compliant services deployed inside a 3rd-party platform via API

Live product in under 12 months

Hear from our clients

Discover the experiences and feedback from our valued clients. Their stories reflect our commitment to excellence.

audax has a comprehensive “bank-in-a-box” solution that covers a range of services – from Onboarding to CRM and Operations. At record, Standard Chartered onboarded more than 8k customers a day with less than 30 millisecond response time, surpassing industry standards where average response times are >50milliseconds. The platform’s full observability stack also provides us with a clear end-to-end visibility of the entire solution, allowing us to react proactively and address any incidents real time. Beyond the Banking-as-a-Service use case, we are also looking at using the audax platform for other parts of the retail and SME businesses. Overall, audax has helped to remove the risk of using the bank’s legacy system for scaled digital requirements and has an excellent team to work with.

Andrew Chia

Cluster CEO, Indonesia & ASEAN Markets (Australia, Brunei & Philippines) at Standard Chartered Bank