CIMB Group Holdings Berhad (CIMB) has unveiled CIMB OCTO Biz, a next-generation business banking app designed to help sole proprietors, SMEs and corporates scale efficiently, access financing, and expand seamlessly across ASEAN markets.
The launch, held at the CIMB ASEAN SME Economic Forum, marks a major milestone in CIMB’s digital-first strategy, which aims to strengthen regional connectivity and support sustainable growth.
The platform’s debut in Malaysia will be followed by rollouts in Indonesia and Singapore by mid-2026, with expansion into Cambodia and other ASEAN markets to follow.
Smarter Banking, Seamless Connectivity
CIMB OCTO Biz enables users to manage cross-border payments, treasury, FX and trade solutions, and access real-time insights, all within a single, secure ecosystem.
“We see banking as an enabler of growth and inclusion. OCTO Biz delivers secure, seamless and future-ready financial solutions that empower businesses to expand across ASEAN,” said Novan Amirudin, Group CEO of CIMB.
The app integrates business banking with management tools to help entrepreneurs streamline operations, monitor cash flow, and make data-driven decisions.
Introducing SME FlexiCash/-i: Faster, Smarter Financing
At the same event, CIMB also introduced SME FlexiCash/-i, a revenue-based financing solution embedded within the app.
The tool leverages AI and transaction data to automatically assess a business’s financial health and provide instant pre-qualified financing limits, eliminating the paperwork typical of traditional loan applications.
Businesses repay loans based on a fixed percentage of their revenue, offering flexibility and cash flow relief, particularly for SMEs with fluctuating earnings.
“CIMB OCTO Biz goes beyond transactions. It’s a business growth ecosystem that allows SMEs to manage operations, access financing, and scale confidently across markets,” said Lawrence Loh, Co-Chief Executive Officer, Group Commercial and Transaction Banking at CIMB.
Strong Early Adoption Among Malaysian SMEs
Since its soft introduction earlier this year, more than 50% of CIMB’s SME clients have already onboarded OCTO Biz.
In 2025 alone, the platform recorded over RM17 billion in transactions across 7 million transactions, underlining its relevance to Malaysia’s dynamic business community.
By the end of 2025, CIMB will also enable fully digital account opening for sole proprietors and SMEs, simplifying onboarding and removing the need for branch visits under the Group’s “Kita Bagi Jadi” campaign.
Driving Growth Across ASEAN
CIMB’s push into digital-first business banking aligns with its Forward30 strategy, which focuses on innovation, inclusivity and sustainability.
With its extensive ASEAN footprint and growing customer base, the Group aims to become the leading digital-first SME bank in the region, supporting businesses with intelligent, accessible financial solutions.
