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Credit China FinTech, ManagePay Systems to boost fintech in Malaysia

Credit China FinTech Holdings Ltd signed a memorandum of understanding with Malaysia-based ManagePay Systems Bhd. to boost financial technology services in Malaysia and in other Southeast Asian countries.

ManagePay Systems, which offers licensed e-money and online technology-enabled lending along with other similar services, will initially help Credit China FinTech to offer products in Malaysia and eventually in the Southeast Asian region.