Green Packet sees Xendity contributing RM100m revenue over 5 years

Green Packet group managing director and chief executive officer CC Puan said the acquisition is a strategic one for Green Packet as Xendity’s e-Know Your Customer (e-KYC) software will complement Green Packet’s enterprise products and solutions.

PETALING JAYA: Green Packet Bhd’s latest acquisition Xendity Pte Ltd is projected to have a compounded annual growth rate (CAGR) of 15%, which will contribute RM100mil in revenue to the group over the next five years.

Group managing director and chief executive officer CC Puan said this was due to Xendity’s partners and strong business pipelines within Malaysia, Indonesia and Thailand.