Signing ceremony of the MOU between InfoCorp Technologies, RGK+Z&A Group in partnership with Livestock Breeding and Veterinary Department of the Ministry of Agriculture, Livestock and Irrigation and Myanma Insurance
16th May 2018: InfoCorp Technologies, a Singapore-registered fintech company and RGK+Z&A Group signed a Memorandum of Understanding with the Livestock Breeding and Veterinary Department of the Ministry of Agriculture, Livestock and Irrigation and Myanma Insurance, an arm of the Ministry of Planning and Finance, for the deployment of a joint pilot project to perform the Tamper-Proof Livestock Identification tagging using InfoCorp’s Sentinel Chain technology in selected areas of Myanmar which include Yangon, Mandalay Divisions and Nay Pyi Taw.
The MoU was signed and agreed between Mr. Roy Lai, Founder and CEO of InfoCorp Technologies, Mr. Zeya Mon, Chairman and Group CEO of RGK+Z&A Group and Dr Sandar Oo, Managing Director of Myanma Insurance at the office of Myanma Insurance in Yangon this morning.
This ceremony marks a significant step towards shared values of financial inclusion for farming communities in Myanmar.
Read the press release published by The Myanmar Times (English): https://www.mmtimes.com/news/government-partners-fintech-firms-enable-use-livestock-collateral.html
Read the story published by Frontier Myanmar (Burmese): https://frontiermyanmar.net/mm/news/9735
InfoCorp Technologies Pte. Ltd. Founded in 2015 with headquarters in Singapore, InfoCorp Technologies’ aim as an integrated FinTech and AgriTech company is to bring inclusive financial services to the livestock industry in emerging markets via its blockchain-based platform, FarmTrek. Bringing together best talent across the globe, InfoCorp has staff in Rwanda, Myanmar, India, Vietnam, Argentina, and the US. FarmTrek was successfully piloted with two Myanmar government agencies and launched in 2019. Its innovation has been acknowledged as one of 10 winning business models for women entrepreneurs, co-funded by the United Nations to improve access to finance for Women micro, small and medium enterprises (MSMEs) via the UN FinTech Innovation Fund.
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