Backed by a US$65mil joint investment by Malaysia’s V Capital Investments Ltd (VCI) and Shefa Capital.
Cross River Bank, a provider of banking services for technology companies, is forming a partnership with VCI to provide its services in Asian countries.
“It will also be intriguing for us to branch out to countries like Singapore and Taiwan because they are bedrocks of fintech. “This partnership will ensure that VCI and CRB will be the leading players in the South-East Asian fintech ecosystem in the next five years, ” he said. These initiatives, he noted, also offered start-ups with the opportunity to collaborate with the local industry.
The new partnership CRB, he added, would accelerate Malaysia, and the region, towards the next generation of fintech offerings.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Driver plunges car into river 10 minutes after passing driving testGUIZHOU, China (ANN): A supposedly triumphant day for a driver in China ended in an accident as a man named Zhang plunged his car into a river 10 minutes after passing his driving test.
Read more »
Galeri Prima to showcase paintings by SEA artistsKUALA LUMPUR: Henry Butcher Malaysian and Southeast Asian Art Auction is set to showcase paintings by Southeast Asian artists at Galeri Prima on March 15.
Read more »
Tajikistan asks Muslims to pray at home because of virusThe Central Asian nation has not reported any cases so far. FMTNews Tajikistan
Read more »
Fifa propose postponing Asian World Cup qualifiersAsian football has been badly disrupted by the Covid-19 epidemic. FMTNews FIFA AsianWorldCup Qatar2022
Read more »
Menara Kembar Bank Rakyat tidak ditutupkualalumpur Bank Rakyat dalam kenyataan di Kuala Lumpur, hari ini, memaklumkan operasi cawangan utama bank berkenaan, Pusat Kad dan Ar-RAhnu X’Change di Menara Kembar Bank Rakyat diteruskan seperti biasa.
Read more »
Asian stocks mixed after Wall Street sinks despite rate cutBEIJING (AP): Asian stock markets were mixed Wednesday (March 4) after Wall Street sank despite an emergency US interest cut aimed at defusing fears a virus outbreak might depress global economic activity.
Read more »