Wepay partners Theta Edge in RM700mil fundraising

PETALING JAYA: Wepay System Sdn Bhd will be raising RM700mil 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 had appointed Wepay System and its international technology associates as its technology partner to develop the platform.