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Green Packet secures digital lending license in MalaysiaMalaysia-listed tech firm Green Packet has secured a digital lending license from Malaysian government. The firm said in a statement on last Thursday that its subsidiary Packet Interactive Sdn Bhd has secured the license from Ministry of Housing and Local Government. This digital lending license will enable Packet Interactive Sdn Bhd to further expand its suite of financial products and...0 Comments 0 Shares 5K Views 0 Reviews
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Malaysia approves $29.64M initial funding for seven ECF, P2P platforms under NIMP2030 strategic CoSIFThe Ministry of Investment, Trade and Industry (MITI) announced last Saturday that a total of seven equity crowdfunding (ECF) and peer-to-peer financing (P2P) platforms have been selected to participate in the New Industrial Master Plan (NIMP2030) Strategic Co-Investment Fund (CoSIF). MITI said in a statement that the ECF platforms are pitchIN; Mystartr; Leet Capital and Crowdo, while the P2P...0 Comments 0 Shares 3K Views 0 Reviews
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Malaysia’s U Mobile transfers merchant acquiring business GoBiz to NTT DATAMalaysia’s Next Gen 5G network provider U Mobile has entered into a strategic agreement to transfer its merchant acquiring business, GoBiz, to NTT DATA Cardpay, a subsidiary under NTT DATA Payment Services Sdn. Bhd. (formerly known as GHL Systems Berhad). U Mobile said in a statement on Monday that this move will enable U Mobile to further strengthen its resources to drive 5G enterprise...0 Comments 0 Shares 2K Views 0 Reviews
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