Mida bridges Malaysian fintech start-up with UK firm


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KUALA LUMPUR: The Malaysian Investment Development Authority (Mida), through its dedicated unit, the Domestic Investment Coordination Platform (DICP), has enabled a Malaysian financial technology (fintech) start-up Neurogine Sdn Bhd to seal an acquisition deal with Hadigy Ltd, an investment holding company based in the UK.

The signing of the shareholders’ agreement would allow Hadigy Ltd to acquire a 30% stake or 1.929 million ordinary shares of Neurogine, a company specialising in digitalisation of mobile banking, mobile payment and digital asset solutions.

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