Phnom Penh, Cambodia – February 19, 2025 – Codingate Technology, a pioneering force in Cambodia's tech landscape, has taken a significant leap forward in its mission to empower local entrepreneurs by signing a groundbreaking Memorandum of Understanding (MOU) with PPCB Bank. This strategic partnership aims to accelerate the transformation of small and medium-sized enterprises (SMEs) into e-commerce powerhouses, equipped with fully integrated online payment solutions.

Under the terms of the MOU, Codingate Technology will leverage its innovative e-commerce platform, GateCommerce, to support 1,000 Cambodian SMEs in transitioning to digital business models throughout 2025. PPCB Bank will facilitate seamless financial transactions, providing SMEs with robust, secure, and efficient online payment processing capabilities. This collaboration marks an important milestone in fostering digital inclusivity and enhancing the competitiveness of local businesses in the burgeoning e-commerce sector.

"At Codingate Technology, we are committed to empowering entrepreneurs and transforming the business environment in Cambodia," said Mr. Sopheakmonkol Sok, Co-Founder and Chairman of Codingate Technology. "Our partnership with PPCB Bank represents a formidable alliance aimed at equipping SMEs with the necessary tools to succeed in the digital economy. With GateCommerce, complemented by PPCB Bank’s financial solutions, we envision a transformative impact on the SME sector, encouraging growth, innovation, and economic development."

GateCommerce, Codingate's flagship offering, is an AI-driven e-commerce solution tailored specifically for SMEs. It provides a comprehensive suite of digital tools that simplify online store management, streamline logistics, and enhance customer engagement. By integrating PPCB Bank’s online payment solutions, GateCommerce will offer a seamless and secure transaction experience to customers, fostering trust and growth in the e-commerce market.

The partnership between Codingate Technology and PPCB Bank aims to set a new standard for e-commerce adoption among SMEs in Cambodia, facilitating better access to digital opportunities and enhancing operational efficiency. By empowering 1,000 SMEs with cutting-edge technology and financial solutions, this collaboration is poised to make a significant impact on the broader economic landscape of Cambodia.

As both organizations work towards their shared goal of fostering innovation and enabling sustainable growth, the future looks promising for Cambodian SMEs venturing into the e-commerce space. Codingate Technology and PPCB Bank are dedicated to building a vibrant and prosperous digital ecosystem that benefits businesses and communities alike.

About Codingate Technology:

Founded in 2013, Codingate Technology is an innovative tech solutions company dedicated to revolutionizing Cambodia's business environment through digital empowerment. Renowned for its flagship offerings, GateMaster.ai and GateCommerce, Codingate is committed to equipping youth and entrepreneurs with the tools necessary to become digital leaders.

About PPCB Bank:

PPCB Bank is a leading financial institution in Cambodia, dedicated to providing innovative and reliable banking solutions to businesses and individuals. Committed to driving economic growth, PPCB Bank supports SMEs with tailored financial services designed to meet the demands of the digital era.