AI, the key to unlocking Southeast Asia’s emerging markets.
Ho Chi Minh, Vietnam: RedFOX Labs, announced today it would combine forces with a leading regional innovation company, Misfit Technologies of Singapore, to further enhance its technology offerings.
RedFOX Labs is a progressive tech company that identifies and builds proven internet business models for the emerging markets of Southeast Asia. They create innovative and scalable solutions that focus on Digital Inclusion, as they aim to build market-leading companies in e-commerce, e-media, e-travel and transport & logistics.
“We are very focused on Digital Inclusion,” said Ben Fairbank, CEO and co-founder of RedFOX Labs. “As we near the release of our Rewards and Cashback App in Myanmar and later the rest of Southeast Asia, we realised that other emerging technologies such as AI and IoT are valuable additions. To reach the massive Southeast Asian audience effectively, we need to focus on automation, 24/7 interactions, on-boarding and at the same time be competitive and differentiated. By partnering with Misfit Technologies, we will have access to not only amazing technology but an opportunity to enhance our products and services and at the same time, grow together as we jointly build solutions for future companies under RedFOX Labs. Both parties are excited and committed to expanding operations in the Southeast Asian region and this partnership allows us to achieve our goal”.
RedFOX Labs is in late development stage of its first mobile game, a Rewards and Cashback platform and in design stage for several other companies from their base in Vietnam. Lead by an experienced team of Australian C-Level executives, with global experience in disruptive tech, customer experience and company turnarounds, RedFOX Labs is focused on using emerging technology to promote Digital Inclusion and introducing more Southeast Asians into the Digital Economy.
“It’s great to see more and more companies recognising the value our technology can bring,” said Munimul Islam, CEO and co-founder of Misfit Technologies. “RedFOX are working with some exciting technologies, including blockchain and coupled with our technology offerings, makes for a powerful combination. Misfit Technologies share the vision of RedFOX Labs which promotes Digital Inclusion for Southeast Asia. We see many opportunities to add value to each others operations. Already established with offices in Bangladesh, Singapore and Myanmar we are excited that the partnership with RedFOX Labs can help us to expand across Southeast Asia.”
RedFOX Labs will now look to begin their collaboration with Misfit Technologies as it integrates its award winning chatbot, getalice.ai into its upcoming Rewards and Cashback App.
About MISFIT TECHNOLOGIES: An emerging technology provider focused on the internet economy, Banking, e-Commerce, FMCG and Telecommunications, with offices in Myanmar, Singapore and Bangladesh. MISFIT TECHNOLOGIES is the creator of the award winning ALICE Facebook AI chatbot, which is an omni-channel AI based conversational platform for businesses with in depth analytics.
About RedFOX Labs: RedFOX builds companies that promote Access, Adoption and Application for the Internet Economy. We innovate with emerging technologies and differentiate with superior Customer Experience, Value and by focusing on Digital Inclusion.
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