ManagePay bids for digital banking licence

In a statement to Bursa Malaysia, MPay said its unit ManagePay Services Sdn Bhd’s application was supported by three local strategic partners which are bumiputra-controlled entities.

PETALING JAYA: Managepay Systems Bhd and Singapore-headquartered iFAST Corp Ltd are among the latest companies which have submitted an application to Bank Negara for a digital banking licence.

They said the application was submitted on Wednesday, the deadline for applications.