PayNet, FAOM tie up to drive innovation, growth in Malaysia's fintech sector


KUALA LUMPUR: Payment Network Malaysia Sdn Bhd (PayNet) and Fintech Association of Malaysia (Faom) have signed a memorandum of understanding (MoU) to advance innovation and drive growth within Malaysia’s financial technology (fintech) landscape.

In a joint statement, PayNet and Faom said the MoU, signed on April 25, marks a significant step towards establishing the PayNet fintech hub, a dedicated platform to empower fintech startups and foster collaborative opportunities to support innovative financial technologies and solutions.

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FAOM , PayNet , MoU , fintech , corporate

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