PublicInvest Research

Technical Buy - MPAY (0156)

PublicInvest
Publish date: Mon, 26 Apr 2021, 09:43 AM
PublicInvest
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An official blog in I3investor to publish research reports provided by PublicInvest Research team.

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PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718

Description

MPAY, through subsidiaries, provides payment services, terminal services, loyalty management services, business process outsourcing, and software, security, and ICT services.

Fundamentals

MPAY remains committed in its vision to build the group’s services which are deemed to be essential services in providing eMoney services, ePayment services, P2P financing, direct money lending and Fintech-as-a-Service solution offerings for businesses and companies. The group had recently been approved by Bank Negara Malaysia (BNM) to issue White Label e-wallets and to online onboard via eKYC solution which will allow MPAY to package fintech product offerings abovementioned to assist large corporation to provide uniquely private branded end-to-end financial services to their business communities.

Source: PublicInvest Research - 26 Apr 2021

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