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Australasia Fintech Partnerships

Lakeba’s DoxAI Marketplace Expands Through Microsoft Partnership

Lakeba expands its DoxAI digital services marketplace through Microsoft partnership. 

The Australian venture catalyst firm is leveraging Microsoft’s Azure cloud infrastructure to boost its digital businesses’ scalability and security capabilities; many of which facilitate the exchange of sensitive information.

A Microsoft Gold partner since 2018, the firm will also apply the infrastructure in the expansion of its DoxAI marketplace.

The marketplace seeks to connect financial services organisations and small to medium-sized businesses with technologies that increase efficiency, accelerate digital transformation and scale operations.

Its partnership with Microsoft will enable Lakeba to provide customisable solutions through the marketplace for customers wanting to create tailored, end-to-end workflows.

Venture building
Giuseppe Porcelli, CEO and founder of Lakeba Microsoft DoxAI marketplace
Giuseppe Porcelli, CEO and founder, Lakeba

The firm’s CEO and founder, Giuseppe Porcelli, explains how the partnership will “strengthen our ability to build sophisticated digital services and products for financial services through DoxAI.”

“It will also provide a safe and secure environment for DoxAI to drive more lucrative venture building in the future,” he continues.

Porcelli confirms that the firm’s IT engineers are already receiving training on Azure’s capabilities through its partner’s ‘Enterprise Skills‘ initiative.

“This engineering capability has meant Lakeba has already been able to provide a more advanced service to clients, including ANZ and Macquarie Bank,” he shares.

“ANZ had initially been using our product for its commercial arm and will soon be using it as an enterprise asset”

Vanessa Sorenson, chief partner officer of the partner solutions group at Microsoft Australia and New Zealand, said: “We are very excited to be strengthening our relationship with Lakeba so it can continue to develop products that deliver great experiences and real value to users.

“This new partnership highlights the power of collaboration in helping grow digitally-led businesses of the future.”

The partnership is ensuring that the DoxAI marketplace is able to expand both pragmatically and securely. The news comes just over a month after the firm appointed a new group CFO to guide the regional expansion of its services.

Author

  • Tyler is a fintech journalist with specific interests in online banking and emerging AI technologies. He began his career writing with a plethora of national and international publications.

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