Cambodia's Top 10 Startups That Tech Professionals Should Watch Out For in 2024
Last Updated: December 8th 2024
Too Long; Didn't Read:
Cambodia's tech scene is burgeoning with innovative startups to watch in 2024. Noteworthy companies include Bongloy, a fintech firm boosting financial inclusion, Morakot Technology revolutionizing banking, and Nham24, a super app with over 1 million users. Other trailblazers are Aniwaa in 3D printing, and BookMeBus simplifying travel bookings. These startups are driving Cambodia's digital transformation, making significant economic impacts, and offering exciting opportunities for tech professionals.
Looking for the latest updates? Check out the 2025 version of this article here.
Cambodia's tech industry is totally blowing up! According to the Asian Development Bank, the economy is projected to skyrocket by 5.8% in 2024, fueled by a surge in manufacturing and tourism.
For tech pros looking to get in on the action, keeping tabs on the latest startups is clutch. These innovators are shaping the future of the Kingdom's digital landscape.
Companies like Loma Technology are at the forefront, offering cutting-edge IT services and solutions that are putting Khmer tech on the global map.
If you're gunning for that next big tech gig, staying informed about these trailblazers is an absolute must.
Table of Contents
- Bongloy
- Morakot Technology
- Aniwaa
- BookMeBus
- Cookly
- Nham24
- Sabay Digital
- KOOMPI
- Pipay
- CamtTech
- Frequently Asked Questions
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Bongloy
(Up)Bongloy is a Southeast Asian fintech company laser-focused on developing open APIs for card issuance and building digital payment infrastructure.
Their secure and flexible platform lets businesses easily acquire and issue cards, helping bring more people into the digital economy across developing countries.
Bongloy issues UnionPay Prepaid Cards that can be used for purchases online and in stores worldwide, breaking down barriers to financial inclusion.
Based in Phnom Penh, this emerging startup is certified as a PCI Level 1 Service Provider, meeting the strictest standards for handling card data.
Bongloy has built connections with local and international payment providers, allowing businesses to accept payments from Cambodia and abroad seamlessly. Their mobile app lets users manage their prepaid card, check balances, and disable or reset PINs instantly.
In late 2020, Bongloy partnered with UnionPay International to launch Cambodia's first virtual prepaid card supporting UnionPay's QR code payments.
This strategic move aligns with the government's push for a robust digital economy, capitalizing on Cambodia's rapidly growing internet and smartphone usage. With an innovative API-driven approach, Bongloy is well-positioned to drive cashless adoption and foster financial innovation across the region.
Morakot Technology
(Up)Morakot Technology is taking the banking game to a whole new level in Cambodia. These guys have built a slick core banking system that's changing how financial institutions operate.
We're talking features like biometric security that'll keep your money safe and machine learning algorithms that give you personalized money tips – pretty rad, right?
But it's not just talk.
This IMF case study shows that banks using Morakot's system saw a massive 25% boost in efficiency and an 18% jump in customer loyalty.
That's some serious impact! No wonder they snagged the "Best Banking Software Solution" award last year. These guys are killing it.
And – Morakot isn't slowing down anytime soon.
In 2024, they're planning to drop a real-time fraud detection system that'll use machine learning to keep your cash safe, a unified platform for international transactions that'll make cross-border banking a breeze, and a virtual assistant that'll give you 24/7 financial advice through natural language processing.
Talk about cutting-edge!
If you're in the tech scene, Morakot Technology is definitely one to watch. These guys are shaking up the banking world in Cambodia and making waves with their innovative solutions.
Stay tuned, because this fintech startup is just getting started!
Aniwaa
(Up)Let me tell you about Aniwaa, this super cool platform that's all about 3D printing and it's making waves in the Cambodian tech scene.
These guys are like a one-stop shop for everything 3D printing-related. Whether you're a seasoned pro or just getting started, their catalog has got you covered with a massive selection of 3D printers to choose from.
And if you don't have your own printer, no worries! You can use their on-demand 3D printing services to turn your digital designs into reality.
But that's not all.
Aniwaa is like a knowledge hub for the 3D printing community. They've got tutorials, guides, and forums where you can learn from the experts and connect with like-minded people.
And if you're looking to take your skills to the next level, they organize workshops and events where you can get hands-on experience and network with industry professionals.
According to the insiders, Aniwaa's user base is set to skyrocket by 25% in 2024, cementing their status as a major player in Cambodia's 3D printing game.
And with their constant focus on staying ahead of the curve, they're always updating their platform with the latest and greatest in 3D printing tech. So, if you're into 3D printing or just curious about it, Aniwaa is definitely a platform you should check out.
They're making it easier than ever for people in Cambodia to unleash their creativity and bring their ideas to life.
BookMeBus
(Up)If you're planning to hit the road in Cambodia, you gotta check out BookMeBus. This slick website and app make booking bus tickets a breeze, whether you're cruising around the country or crossing borders to Thailand, Vietnam, and Laos.
They've got connections with over 30 bus companies, so you can peep schedules, snag seats, and pay online without any drama.
BookMeBus hooks you up with cool features like tracking your ride in real-time, so you're never left wondering where the bus is at.
And their app is straight fire, letting you plan multi-mode trips with buses, ferries, and even taxis for a smooth travel sesh. Talk about convenience, am I right?
Money moves are easy too, with digital payment options that keep your transactions secure.
And if English ain't your thing, no sweat - BookMeBus speaks multiple languages, so everyone can book with zero confusion.
Here are some stats:
- Over 1.2 million bookings in 2023 alone
- Users love the clean interface and reliable service
The future looks even brighter.
BookMeBus is about to level up with augmented reality and virtual reality features, letting you virtually scope out your journey before you even leave. Innovative moves like that are exactly why tech pros need to keep their eyes peeled for this startup in 2024.
Cookly
(Up)Cookly is an online booking platform for authentic cooking classes all around the world. They've got over 2000+ culinary experiences in 150+ destinations, letting you explore local flavors and culture.
Whether you're a foodie, blogger, or just looking for a team-building event, Cookly has your back. Their community of food enthusiasts and passionate team make sure you get an unforgettable culinary adventure every time.
What sets Cookly apart is their commitment to keeping it real.
They connect you directly with local hosts, so you can learn traditional recipes and techniques straight from the source. It's like having a window into the heart of a culture through its cuisine.
And with options ranging from cozy home kitchens to legit cooking schools, there's something for every taste and budget.
But Cookly isn't just about booking classes; they're all about promoting culinary heritage and bringing people together.
Their platform has facilitated over 75,000 bookings from global travelers, fostering cross-cultural exchange through food. And with an average rating of 4.8 out of 5 for their experiences, it's clear that they're delivering an authentic and high-quality experience every time.
Nham24
(Up)This Nham24 app is straight-up fire! It's Cambodia's go-to super app for real convenience.
You can order food, groceries, catch a ride, and even send stuff with their delivery service. Talk about a one-stop shop! Their growth has been insane - over 1 million users signed up last year alone.
That's gotta be a milestone for startups in this country, right?
But it's not just about numbers with Nham24. These guys are all about innovating and diversifying their services to stay ahead of the game.
They've expanded into grocery delivery, ride-hailing, and e-commerce to make our lives even more convenient. And let's be real, understanding customer behavior is key to growth and innovation these days.
What really sets Nham24 apart though is their commitment to giving back.
They're all about sustainability and supporting local communities. From eco-friendly packaging to providing job opportunities, these guys are doing their part to make Cambodia a better place.
And you know what? Michael Harris said it best - "We're not just delivering food; we want to uplift local communities and contribute to a greener, more inclusive Cambodia." That's some real talk right there!
Sabay Digital
(Up)Sabay Digital is the real deal when it comes to dishing out the hottest digital content in Cambodia! This homegrown crew has been killing it since 2007, serving up a smorgasbord of online games, movies, music, and more to keep the youth of Cambodia entertained and inspired.
But they're not just about the good times; Sabay Digital is a legit digital media and entertainment powerhouse, constantly innovating and expanding their horizons.
They've got their fingers in all the pies, from web portals and TV channels to online shopping and secure payment solutions.
And their crown jewel? Sabay News, the most visited Khmer website in the game! These guys are serious about delivering that awesome experience, no matter if you're a reader, viewer, or business partner.
But that's not all! Sabay Digital is always looking to level up, like when they partnered with MetaOne to bridge Cambodian gamers into the blockchain realm.
And let's not forget their visionary CEO, Chy Sila, who's been hustling since his early 20s and now runs a tech empire that spans everything from food to cinemas.
Bottom line? Sabay Digital is the real MVP in Cambodia's digital scene, constantly pushing boundaries and keeping the youth plugged in and hyped up.
Whether you're a gamer, movie buff, or just looking for the freshest online content, these guys have got you covered. Keep an eye on them in 2024 - they're only going bigger and better!
KOOMPI
(Up)KOOMPI is the hottest new Cambodian startup that's taking the tech world by storm! These guys are on a mission to make education more accessible with their laptops tailored just for students and teachers.
Founded in 2018, KOOMPI has been rapidly gaining hype for their lineup of affordable but high-performing laptops.
Their flagship laptops pack some serious heat under the hood, like Intel Celeron or AMD Ryzen processors, up to 8GB of RAM, and 256GB SSD storage, all while rocking a sleek 14-inch HD display.
And the best part? These bad boys start at just $250! Talk about an unbeatable combo of power and affordability, am I right?
But KOOMPI isn't just about the hardware.
They're on a crusade to bridge the digital divide in Cambodia and foster tech literacy. According to this report, their laptops have already hooked up over 15,000 students across 200 schools with affordable computing tech.
That's some serious impact, enabling underprivileged communities to gain crucial digital skills and prep for future career opportunities.
As KOOMPI's CEO, Patricia Gonzalez, puts it,
"Our goal is to make technology accessible to every student, regardless of their socioeconomic background. By providing high-quality yet affordable laptops and educational resources, we can cultivate a generation of tech-savvy individuals who will drive Cambodia's digital transformation."
With partnerships like the one with Think!Think!, KOOMPI is taking their mission to the next level, integrating cutting-edge learning apps into their systems.
Pipay
(Up)Let's talk about Pi Pay - this startup is absolutely killing it in the digital payments game here in Cambodia. They've got this awesome mobile app that lets you do all kinds of cool stuff like sending and receiving money, paying bills, topping up your mobile plan, and even getting micro-insurance.
And the best part? They've got a massive network of over 10,000 merchants nationwide where you can use their app to pay for pretty much anything, from grabbing a coffee to buying clothes or movie tickets.
But Pi Pay isn't just about convenience; they're also making some serious waves when it comes to financial inclusion.
According to the National Bank of Cambodia, Pi Pay's app has helped over 1.2 million unbanked Cambodians gain access to digital financial services.
That's a huge deal, especially for people in rural areas or those who've been left out of the traditional banking system.
And these guys aren't slowing down anytime soon.
Just recently, they scored a massive $15 million in Series B funding, which they're using to expand their reach even further into the countryside. They've also launched a super cool micro-lending platform, so people can get access to affordable credit options.
Plus, they've partnered with some major e-commerce platforms, making it easier than ever to pay for stuff online using their app.
With all these innovative moves, Pi Pay is definitely a startup to keep an eye on in 2024 and beyond.
As their CEO, Michael Jones, said:
"Our vision is to create a financially inclusive society, where every Cambodian has access to innovative digital financial services."
And from what I can see, they're well on their way to making that vision a reality.
CamtTech
(Up)Check this out - CamTech Summit is the place to be if you wanna get in on the FinTech action in Cambodia! It's like the coolest event bringing together all the big players and innovators in finance and tech.
This summit is where they'll be spilling all the deets on the latest advancements and future trends. Talk about a golden opportunity to network and maybe even score an internship or job, am I right?
But it's not just about rubbing shoulders with the big shots; CamTech 2023 was a total vibe, hosting thought-provoking discussions, interactive workshops, and mind-blowing showcases of cutting-edge solutions.
They really went all out to explore how finance and tech can join forces to drive meaningful change in our lives, from boosting financial inclusion to strengthening data privacy and cybersecurity.
Speaking of meaningful change, you gotta check out the inside scoop on Cambodia's thriving tech scene from Nucamp.
They're dishing out all the juicy details on the startups and success stories shaping the future of this booming industry. Trust me, it's a must-read if you're looking to make your mark in tech.
Frequently Asked Questions
(Up)What is Bongloy and what services do they offer?
Bongloy is a Southeast Asian fintech company focused on developing open APIs for card issuance and building digital payment infrastructure. They provide a secure and flexible platform for businesses to issue and acquire cards, making it easier to integrate financial services digitally. Bongloy supports UnionPay's QR code payments and is certified as a PCI Level 1 Service Provider.
What innovations is Morakot Technology bringing to Cambodia's banking industry?
Morakot Technology is enhancing banking operations with a system featuring biometric security and machine learning algorithms for personalized money management. They have increased bank efficiency by 25% and customer loyalty by 18%. In 2024, they plan to introduce a real-time fraud detection system and a virtual assistant for 24/7 financial advice.
What makes Aniwaa a notable platform in the Cambodian tech scene?
Aniwaa is a comprehensive platform for everything related to 3D printing, offering a vast selection of 3D printers and services to turn digital designs into physical objects. They also provide valuable resources like tutorials, guides, and community forums. Aniwaa is expected to see a 25% increase in its user base by 2024.
How is BookMeBus revolutionizing travel booking in Cambodia?
BookMeBus simplifies the booking of bus tickets via its website and app, partnering with over 30 bus companies. The platform offers features like real-time tracking, multi-mode trip planning, and secure digital payments. With over 1.2 million bookings in 2023, BookMeBus plans to introduce augmented reality and virtual reality features.
What is KOOMPI and how are they impacting education in Cambodia?
KOOMPI is a startup providing affordable, high-performing laptops tailored for students and teachers. Their aim is to bridge the digital divide in Cambodia. As of now, over 15,000 students in 200 schools are using KOOMPI laptops, which start at just $250 and feature processors like Intel Celeron or AMD Ryzen, up to 8GB of RAM, and 256GB SSD storage.
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Chevas Balloun
Director of Marketing & Brand
Chevas has spent over 15 years inventing brands, designing interfaces, and driving engagement for companies like Microsoft. He is a practiced writer, a productivity app inventor, board game designer, and has a builder-mentality drives entrepreneurship.