Codebase Technologies expands AI lending push across APAC

Codebase Technologies is expanding its cloud-native, AI-enabled Digibanc platform across Asia Pacific as digital lending demand rises. The move comes as the region’s alternative lending market is projected to reach $477.5 billion by 2029, with Malaysia emerging as a key market. Why it matters: - Asia Pacific lenders are under pressure to move faster on digital lending as customers expect quicker approvals and more automated financing. - Codebase Technologies is positioning Digibanc™ as an infrastructure layer for banks, lenders, cooperatives, and fintechs that want cloud-native lending with AI-driven underwriting. - The company’s expansion tracks a broader regional market shift toward digital-first and embedded finance models. What happened: - Codebase Technologies said it is strengthening its presence in Malaysia and expanding its AI-powered digital lending footprint across APAC. - The company’s Digibanc™ platform supports Generative AI-powered underwriting, intelligent credit decisioning, and other AI capabilities. - Digibanc™ is already being used in APAC initiatives including Raees, Koperasi Tentera’s digital lending platform in Malaysia. - Omar Mansur, Managing Director for APAC at Codebase Technologies, said financial institutions are rethinking lending around Generative AI, automated underwriting, and faster credit decisions. The details: - Malaysia recorded 92% digital financial adoption in 2024, according to Bank Negara Malaysia. - Malaysians averaged 538 e-payment transactions per capita in 2025. - Digibanc™ is cloud-native and designed to let institutions deploy and scale end-to-end digital lending without maintaining complex legacy lending stacks. - The platform converts unstructured information into structured, decision-ready insights to support underwriting and credit decisions. - Early deployments have shown underwriting review speeds up to 60% faster and review accuracy rates up to 94%. - Asia Pacific’s alternative lending market is projected to grow from $329.3 billion in 2026 to $477.5 billion by 2029. - The APAC digital lending platform market is expected to grow at a 29.2% CAGR from 2025 to 2030, driven by digital banking adoption, embedded finance growth, and demand for more agile lending infrastructure. - Source material cites the market outlook , Bank Negara Malaysia’s annual report , a report on e-payment transactions , a BIS insight paper , and a regional digital lending outlook . Between the lines: - Codebase Technologies is leaning on AI as the main differentiator, not just digitization. - The company is targeting institutions that want faster decisioning while keeping risk controls in place. - Malaysia is a logical launch point because digital financial adoption is already high and transaction volumes are rising. What’s next: - Codebase Technologies said it will keep expanding across APAC with cloud-native lending infrastructure, Generative AI-enabled underwriting, faster product innovation, and customer-centric financing experiences. - More financial institutions across the region are likely to test AI-assisted lending workflows as market demand increases. The bottom line: - Codebase Technologies is betting that APAC lending growth will increasingly favor platforms that combine scale, automation, and AI decisioning.