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European Fintech Inpay Partners with Cambodia’s CPBank to Introduce International Money Transfer Services

European fintech company Inpay has partnered with Cambodia Post Bank (CPBank) to introduce international money transfer services in Cambodia. Through this collaboration, CPBank’s customers in Cambodia and abroad will have access to Inpay’s Eurogiro network, which comprises 70,000 post office locations worldwide. This will enable instant and hassle-free international cash remittances for Cambodians abroad, who can now send money to their friends and family in Cambodia through CPBank’s nationwide branches. This marks the first time cross-border cash remittance services have been made available to Cambodians, providing a much-needed lifeline for those overseas. Inpay’s CEO, Thomas Jul, expressed excitement about enabling international financial infrastructure in the region by granting CPBank access to global remittances through the Eurogiro network. CPBank’s CEO, Toch Choacheck, emphasized the importance of the service for Cambodian migrant workers, who frequently send money back home to support their families. The partnership demonstrates both companies’ commitment to providing innovative and convenient financial solutions for Cambodians worldwide. Inpay is known for offering affordable, fast, and secure cross-border payments through its Eurogiro network, which includes post office locations even in underserved rural or remote areas. CPBank is one of the fastest-growing commercial banks in Cambodia, established in 2013 through a strategic partnership among CANADIA Investment Holding Plc., Cambodia Post, and Fullerton Financial Capital Pte.

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