In a filing with Bursa Malaysia, MPay said its subsidiary ManagePay Services Sdn Bhd has entered into a joint venture with PVC to set up a company that would be applying for the digital bank from Bank Negara.
PETALING JAYA: Managepay Systems Bhd
(MPay) is teaming up with Singapore-based Passion Venture Capital Pte Ltd (PVC) to apply for licence and operate digital banking in Malaysia.
In a filing with Bursa Malaysia, MPay said its subsidiary ManagePay Services Sdn Bhd has entered into a joint venture with PVC to set up a company that would be applying for the digital bank from Bank Negara.
