FOXAI and Axe Finance partner on AI-driven lending for Southeast Asia
FOXAI and Axe Finance have partnered to bring AI-powered lending systems to banks in Vietnam and Laos. The collaboration combines FOXAI's AI deployment capabilities with Axe Finance's modular lending platform, which handles credit origination, underwriting, servicing, and compliance.
Financial institutions across Southeast Asia are investing heavily in AI to modernise legacy systems and compete more effectively. Banks in Vietnam and Laos face pressure to automate workflows, improve risk assessment, and launch products faster as digital lending demand grows.
What the partnership delivers
The joint solution targets core pain points for lenders: streamlining credit workflows, improving underwriting accuracy, strengthening compliance, and reducing operational costs. By pairing AI analytics with end-to-end lending systems, the firms say they can help lenders scale credit operations more efficiently.
Anh Do Tuan, Business Development Manager for Vietnam at Axe Finance, said the partnership combines "global lending technology expertise with strong local digital transformation capabilities." Lê Viết Trường, Chief Executive Officer of FOXAI, added that the partnership strengthens the firm's ability to deliver "professional digital transformation solutions that minimise costs and maximise operational efficiency for banks and financial institutions."
Broader trend in Southeast Asia
The partnership reflects a wider shift across the region. Banks and non-bank lenders are adopting AI and modular platforms to replace outdated systems as regulatory requirements tighten and competition increases. Such collaborations are becoming standard practice for improving efficiency and expanding credit access in emerging markets.
Finance leaders implementing these changes may find value in exploring AI for Finance or the AI Learning Path for CFOs to understand how AI-driven modernisation affects strategy and operations.
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