AEON Bank and foodpanda Embark on a Strategic Partnership to Drive Growth and Create Value for Customers, Riders and Merchants

CEO of AEON Bank, YM Raja Paduka Teh Maimunah and Managing Director of foodpanda Malaysia, Tan Ming Luk signed the MoU that outlines the strategic partnership

YM Raja Datin Paduka Teh Maimunah Raja Abdul Aziz, Chief Executive Officer of AEON Bank stated, “This strategic partnership with foodpanda marks the beginning of an exciting chapter for AEON Bank. We look forward to providing value to foodpanda riders and merchants by enabling access to digital banking, rewards programmes and services that elevate their experience. By optimising foodpanda’s expansive network and connecting it with AEON Bank’s Shariah-compliant products and AEON Points loyalty programme, we aim to deliver meaningful impacts to the target segments — particularly gig workers and MSMEs — while driving growth and engagement.”

This partnership is strategically positioned to contribute to Malaysia’s rapidly growing food delivery and online grocery sector, where user penetration is expected to reach 34.2% in 2025 and over 14.5 million users by 2030 .

“We are thrilled to join forces with AEON Bank to create real, tangible benefits for everyone in the foodpanda community. For our riders, this partnership goes beyond deliveries — it enables access to tech-driven financial support, microfinancing and financial literacy programmes that can improve their livelihoods. Meanwhile, our merchant partners will have greater opportunities to grow their businesses faster with targeted campaigns and financing solutions to scale their operations. And for our customers, they can expect more value and convenience with exclusive rewards and easier access to AEON’s retail ecosystem. This partnership is more than just a commercial collaboration — it’s about empowering riders, accelerating merchant growth and making every customer experience even more rewarding,” said Tan Ming Luk, Managing Director of foodpanda Malaysia.

Various key programmes will be introduced as part of this collaboration, including co-branding engagement featuring the two mascots; AEON Bank’s Neko and foodpanda’s Pau-Pau. Several initiatives currently in the pipeline are:

For Riders

• A joint programme to support delivery riders in enhancing their mobility and livelihood, including access to AEON Bank’s digital banking offering, financial tools and essential work resources, such as microfinancing for devices and motorcycle purchases
• Financial literacy initiative to expand outreach and financial empowerment among the riders

• Targeted campaigns with AEON Bank for foodpanda’s merchants
• Financial solutions for merchants through the AEON Bank to Business (AB2B) Programme and financing for wholesale purchases, enabling inventory expansion and business growth

• Special rewards and promotions for customers, while adding value to their foodpanda orders
• Expanded access across the AEON retail ecosystem, hence allowing customers to purchase groceries online beyond just AEON MaxValu Prime, thereby increasing convenience.

Visit the website of AEON Bank ^[2]and foodpanda^[3] for further details and stay updated on exclusive offers on social media.

https://www.aeonbank.com.my/^[4]https://www.linkedin.com/company/aeonbankmy/?viewAsMember=true^[5]https://x.com/aeonbankmy^[6]https://www.facebook.com/aeonbankmalaysia^[7]https://www.instagram.com/aeonbankmy^[8]TikTok: https://www.tiktok.com/@aeonbank^[9]

Hashtag: #AEONBank #foodpandaMalaysia #DigitalBanking #IslamicDigitalBank #ShariahCompliant #FinancialInclusion #IslamicFintech

The issuer is solely responsible for the content of this announcement.

References

1. ^{^} Media OutReach Newswire (www.media-outreach.com)
2. ^{^} AEON Bank (www.aeonbank.com.my)
3. ^{^} foodpanda (www.foodpanda.my)
4. ^{^} https://www.aeonbank.com.my/ (www.aeonbank.com.my)
5. ^{^} https://www.linkedin.com/company/aeonbankmy/?viewAsMember=true (www.linkedin.com)
6. ^{^} https://x.com/aeonbankmy (x.com)
7. ^{^} https://www.facebook.com/aeonbankmalaysia (www.facebook.com)
8. ^{^} https://www.instagram.com/aeonbankmy (www.instagram.com)
9. ^{^} https://www.tiktok.com/@aeonbank (www.tiktok.com)