FOXAI and Axe Finance Announce Strategic Partnership to Accelerate Digital Transformation in Vietnam and Laos
Hanoi, Vietnam - FOXAI and Axe Finance are honoured to announce a strategic partnership aimed at accelerating digital transformation across the banking and lending sectors in Vietnam and Laos. This collaboration combines advanced AI-driven innovation with globally recognized end-to-end lending technology to empower banks and credit institutions with scalable, cost-efficient digital solutions.
The primary objective of the partnership is to deliver professional digital transformation solutions that minimize costs and maximize operational efficiency for banks and financial institutions. By integrating FOXAI's digital transformation and technology transfer expertise with Axe Finance's modular lending platform, Axe Credit Portal, the two organizations will provide practical, implementation-ready solutions tailored specifically for lending institutions in emerging markets.
Driving Practical and Scalable AI Adoption
As financial institutions across Southeast Asia modernize their operations, the demand for intelligent automation, enhanced risk management, and streamlined credit processes continues to grow. The FOXAI and Axe Finance partnership directly addresses these needs by enabling banks and lenders to:
- Optimize credit workflows and reduce manual intervention
- Minimize operational and infrastructure costs
- Enhance credit risk assessment and underwriting accuracy
- Strengthen regulatory compliance and reporting
- Accelerate time-to-market for new lending products
FOXAI brings strong expertise in digital transformation consulting, AI deployment, and technology transfer, ensuring that solutions are innovative, scalable, and aligned with local regulatory and operational requirements.
Axe Finance contributes its globally trusted digital lending platform, covering the full credit lifecycle from origination and underwriting to loan servicing, portfolio monitoring, compliance, and reporting. Trusted by leading financial institutions worldwide, Axe Credit Portal enables banks and lenders to automate and optimize their credit operations with flexibility, modularity, and compliance at the core.
Initial Focus on Vietnam and Laos
The initial implementation scope of the partnership will focus on Vietnam and Laos, two rapidly evolving markets with increasing demand for modern, digital lending infrastructure.
Positioned as a strategic collaboration, the partnership aims to accelerate digital transformation adoption, supporting banks and credit institutions in strengthening operational efficiency, risk management, and long-term competitiveness.
Anh Do Tuan, Business Development Manager for Vietnam at Axe Finance, stated:
“Vietnam's banking sector is undergoing a critical phase of digital acceleration. Through our partnership with Fox AI, we are combining global lending technology expertise with strong local digital transformation capabilities to deliver tangible impacts for banks and credit institutions.
At Axe Finance, we believe digital transformation in lending must be practical, scalable, and results driven. By integrating our modular lending platform with Fox AI's AI-powered capabilities, we are enabling financial institutions in Vietnam and Laos to modernize credit operations, reduce costs, and enhance decision-making with confidence.
We're proud to work with FOXAI; this AI-powered partnership reaffirms our long-term commitment to local institutions and represents a significant move toward building intelligent, cost-efficient lending ecosystems across emerging markets.”
Lê Viết Trường, Chief Executive Officer of FOXAI, added:
“At Fox AI, our mission is to deliver professional digital transformation solutions that minimize costs and maximize operational efficiency for banks and financial institutions. Partnering with Axe Finance strengthens our ability to bring advanced, AI-driven innovation directly into the lending ecosystem in Vietnam and Laos.
Axe Finance's comprehensive lending platform, combined with our expertise in AI implementation and technology transfer, creates strong synergies. Together, we are helping banks and credit institutions adopt scalable solutions that are technologically advanced and practically implementable within local market conditions.
We see this partnership as a strategic milestone in accelerating digital transformation across the financial sector in emerging markets.”
A Shared Vision for Emerging Market Growth
Both organizations share a long-term vision of empowering banks and credit institutions with intelligent automation, scalable infrastructure, and data-driven lending capabilities.
This strategic partnership reflects a strong commitment to supporting financial innovation, operational excellence, and sustainable growth across Vietnam, Laos, and the broader Southeast Asian region.
About Axe Finance
Founded in 2004, Axe Finance is a global software provider specializing in credit risk automation and omnichannel lending journeys. Axe Finance is recognized as a Leader and Ace Performer in the SPARK Matrix™: Retail and Commercial Loan Origination Systems, 2025, reflecting its strong technology capabilities and customer impact.
Its flagship solution, Axe Credit Portal (ACP), is an AI-driven platform that automates the entire credit lifecycle, from KYC and origination to credit decisioning, servicing, and monitoring. ACP supports Retail, Commercial, Corporate, Financial Institutions, and Sovereign lending, as well as specialized use cases including Microfinance, BNPL, Embedded Finance, and Islamic Finance.
About FOXAI
FOXAI TECHNOLOGY JOINT STOCK COMPANY (FOXAI) is a pioneer in the field of consulting and implementing digital transformation for businesses. With a team of experienced experts and extensive knowledge, FOXAI provides advanced technology solutions that help businesses optimize management processes, increase sales, and save costs.
With a mission to be a trusted partner, FOXAI is committed to providing the most effective strategic consulting and technology solutions to meet the needs of both domestic and international markets. We always stand alongside our clients, providing dedicated support in all activities to achieve sustainable development together.