Green Packet completes acquisition of eKYC firm Xendity

Green Packet group managing director and chief executive officer CC Puan: “With Xendity’s partners and strong business pipelines within Malaysia, Indonesia and Thailand, we project a 15% compounded annual growth rate (CAGR) with over RM100mil revenue over the next five years and a healthy profit margin."

PETALING JAYA: Green Packet Bhd has completed the acquisition process of the entire equity interest in Xendity Pte Ltd after securing the go-ahead from its shareholders.

The acquisition is strategic for Green Packet as Xendity’s e-Know Your Customer (e-KYC) software will complement Green Packet’s enterprise products and solutions.