US EditionMalaysia's MPay secures Labuan FSA license to fuel regional and global Fintech expansion
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Malaysia's MPay secures Labuan FSA license to fuel regional and global Fintech expansion
ManagePay Systems Berhad (MPay), a Malaysian fintech company, announced Wednesday that Labuan Financial Services Authority (Labuan FSA) has approved MPay to establish a subsidiary in Labuan, namely MPay SPV Labuan Ltd. (MPay Labuan). MPay said in a statement that the Labuan subsidiary will operate a credit token business and digital financial services, as well as a payment system targeting foreign markets. This instrumental development empowers …
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