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11-50

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Morakot Technologies is a company providing cloud-based core banking platforms and other solutions for microfinance institutions and banks. A Cambodian cloud-based core banking system for microfinance institutions, banks and other financial institutions. There are 41 enterprise customers in Cambodia and Myanmar. Morakot Technology's facilitated and managed approximately 300 million USD loans and 250,000 borrowers on the platforms (Sources: Smart Axiata Investment Portfolio 2022)