Eddid Financial Forges Strategic Alliance with Finnet and MPay (0156.MY) to Explore Fintech Opportunities in Indonesia

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HONG KONG, Aug. 29, 2023 /PRNewswire/ — Eddid Financial (“Eddid” or the “Group”), an all-encompassing financial group centered around fintech, is pleased to announce a strategic partnership with PT Finnet Indonesia (“Finnet”) and ManagePay Systems Berhad (“MPay”, 0156.MY), two prominent fintech companies in Indonesia and Malaysia, respectively. The three parties signed a Memorandum of Understanding (MOU) to form a tripartite collaboration to explore financial innovations in Indonesia.

As part of this partnership, the three parties will collaborate on various initiatives, combining their expertise and resources to develop innovative fintech solutions and expand their presence in the Indonesian market. The collaboration aims to establish a joint venture in Indonesia as a vehicle to implement the partnership’s goals and further commercial arrangements.

Finnet is a subsidiary of PT Telkom Indonesia…

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