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Green Packet

NCIA, Kiplepay in cashless drive to aid low-income communities
Kiplepay has been awarded an outreach programme by the Northern Corridor Implementation Authority to provide a range of cashless solutions to poor and hardcore poor communities in the northern states.
Bringing relationships back with digital banking
Digital banks helm the responsibility of creating niche solutions Various national plans have specific focus on helping underserved
Don’t look now, but tech company, Green Packet just got shareholder nod to go into moneylending
Four proposals approved to strengthen its core business pillars Moneylending business to look at existing market gaps, underserved
KiplePay E-Mall supports hawker permit application, renewal
KiplePay has introduced new digital features allowing hawkers in Perak to digitally apply for business permits
Green Packet shareholders approve US$10mil acquisition of eKYC firm Xendity
Shares issued in 3 tranches over 3 financial years, based on targets Projected 15% CAGR with projected US$25mil revenue over 5 years
New Malaysian Hyperscale to Mop Up Singaporean Data Center Spillover
New 100 MW Hyperscale Data Centre planned by G3 Global Bhd Current rise in cloud computing demand affected by Singapore’s moratorium
Green Packet strengthens leadership team with 3 key hires
New executives will support company’s long-term growth ambitions Adds venture builder unit and new Smart City & Urban Tech line of business
Green Packet snaps majority stake in payment processing firm, T-Melmax
Forms JV with Censof Holdings, fills gap for SMEs looking for 1-stop provider Acquisition a core building block in Green Packet’s transformative purpose
Green Packet proposes private placement to raise up to US$23.6mil to fund cloud business
Expects to invest around US$96 mil over next 4 years   To offer better, comprehensive solutions to customers, strengthen digital segment
Is cash dethroned by Covid-19? Mastercard study finds Malaysia leading SEA mobile wallet usage
The Covid-19 pandemic is driving momentum towards the digital economy in Southeast Asia, with Malaysia seeing some significant shifts in payment preferences