TransBnk India, an India-based transaction banking infrastructure, and QuantLeap, a Singapore-based digital finance transformation company, have signed a strategic memorandum of understanding (MoU) to modernize and accelerate transaction banking innovation across Southeast Asia, Japan, and wider Asia-Pacific (JAPAC) markets.
The duo said in a statement on Tuesday that the partnership brings together TransBnk’s API-first, modular banking infrastructure with QuantLeap’s deep regional expertise in digital finance transformation to create next-generation platforms for embedded liquidity, corporate banking digitization, and artificial intelligence (AI)-driven regulatory automation.
“At a time when transaction banking is being reshaped by real-time infrastructure and regulatory convergence across Asia, our collaboration with QuantLeap positions us to help financial institutions move from legacy systems to intelligent, modular banking stacks,” said Vaibhav Tambe, Co-founder and Chief Executive Officer of TransBnk India.
Meanwhile, Dilip Krishnan, Founder and Chief Executive Officer of QuantLeap, said they are building the rails for the next decade of liquidity, compliance, and cross-border enablement.
“Southeast Asia and Japan are at an inflection point where embedded finance and intelligent transaction flows are becoming core to growth,
“By combining QuantLeap’s ecosystem reach with TransBnk’s infrastructure capabilities, we aim to enable banks, corporates, and fintechs to innovate faster and operate seamlessly across borders,” he added.
Under the MoU, both companies will collaborate on next-gen transaction banking hubs across ASEAN and Japan, enabling regional interoperability for liquidity and cash management.
They will also work on embedded finance and liquidity-as-a-service solutions for corporates, fintechs, and non-bank entities.
The duo will also collaborate on AI-driven RegTech and compliance automation, addressing onboarding, AML, and transaction monitoring for regulated institutions; cross-border payment enablement, powered by open banking and digital identity frameworks.
The alliance will also establish co-innovation labs in Singapore and Tokyo, focused on AI, blockchain, and cloud-native transaction infrastructure—designed to accelerate digital readiness among regional banks and financial institutions.
“This partnership reflects the next chapter in transaction banking—one defined by interoperability, intelligence, and inclusion,
“Together, we’re building the connective tissue for Asia’s digital financial future,” added Krishnan.