MPay inks MoU with Eddid

PETALING JAYA: Managepay Systems Bhd (MPay) has inked a memorandum of understanding or MoU with Eddid Financial Holding Ltd to potentially cooperate to launch and market the latter’s Internet-based securities trading mobile application in Malaysia.

Hong Kong-based Eddid and its various subsidiaries deal with the Securities and Futures Commission of Hong Kong regulated businesses and activities including securities, futures contracts, leveraged foreign exchange trading, advising on securities, advising on futures contracts, and asset management as well as unregulated businesses like financial technology.