e-KYC
Malaysian startup, Wise AI raises 8-figure Series A from MTDC, VT-SBI and Sunway Group
Targets to create digital IDs for the 680 million Southeast Asian market
Ranked by US-based NIST in top 25 globally for facial recognition matching speed
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
Merchantrade gets e-KYC nod from BNM for money changing
Aims to disrupt US$19 bil money changing market
Merchantrade Money wallet set to triple growth trajectory, currently at US$167mil
Open and instantly use an OCBC 360 account digitally
Leverages on the national data repository MyInfo and OCBC Bank’s real-time digital know-your-customer process.