Tim Charlton, Publisher of Asian Banking & Finance, presents the Service Innovation of the Year award to Pilon Co-Founder & CEO Eddie Lee at Marina Bay Sands, Singapore. Inset: Eddie celebrates the win with Chief of Product Tan Chun Hao.
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Singapore, 2 July,
Pilon has been named Service Innovation of the Year at the Asian Banking & Finance Retail Banking Awards 2026, held at Marina Bay Sands, Singapore. The award recognises institutions and platforms that are reshaping how retail and commercial banking services are delivered across the region.
The recognition comes at a pivotal moment for Pilon. Over the past year, our supplier financing platform has helped tier-1 banks in Southeast Asia win and scale anchor mandates that were previously served by global institutions. Onboarding hundreds of suppliers within months of go-live, compressing fund disbursement from days to minutes, and unlocking new operating account relationships downstream. What began as a fintech thesis six years ago has become a working blueprint for how banks turn supplier financing into a growth engine rather than a niche product.
Pilon operates as a platform partner to banks, not a lender. Our role is to give banking partners the infrastructure, integration, and supplier-onboarding capability to serve anchor corporates and their supply chains at scale. While the bank retains the client relationship, the credit decision, and the balance sheet. This model is now live across the Philippines and Vietnam, with active programmes spanning FMCG, distribution, and manufacturing anchors.
“Standing in a room with banks that have served their clients for over a century was a humbling reminder of where we sit in the industry, this award belongs to every partner bank that took a chance on us early, and to the anchor corporates who trusted us to sit inside their supply chains. We’re proud of the milestone and clear-eyed that we’ve only just started.”
Eddie Lee, Co-Founder and CEO of Pilon
Pilon extends its thanks to the organisers, the judges, and its banking and corporate partners across the region.
