Wepay partners Theta Edge to raise RM700mil for digital platform project

KUALA LUMPUR: Wepay System Sdn Bhd will be raising RM700 million or equivalent through a foreign direct investment to finance the development of Theta Edge Bhd’s fully integrated and multi-functional digital platform project.

In a filing with Bursa Malaysia, Theta Edge -- one of Malaysia’s pioneer information, communication and technology service providers -- said it has appointed Wepay System Sdn Bhd and its international technology associates as its technology partner to develop the platform.