V5 International said recently that it has set up a new subsidiary dedicated to starting operations in Malaysia. Malaysia is one of the fastest growing markets in the region and is a key Asian e-commerce market, driven by high mobile and internet penetration rates as well as rising consumer preference for online shopping. The move supports the growing internet economy and strong growth in e-commerce in Malaysia which is part of the company’s expansion roadmap across Southeast Asia. The subsidiary is incorporated as V5 International SDN. BHD. is poised to be the next-generation company to enable local small and medium enterprises (SMEs) to access a suite of Software as a service (SaaS) solutions, particularly in payments.
About V5 International
V5 International is a financial technology company incorporated in Singapore (Reg. No 201607100N)). She also has existing operations in Philippines, India and technology centres in China (namely Shenzhen, Chengdu). In pipelines, Thailand, Indonesia, Cambodia, Laos. V5’s solutions serve as a bridge to connect business ecosystems and financial institutions. For business partners, the solutions help enhance their financial services, build and operate diversified financial products to better serve end-users, leading to an improvement in traffic volume conversion and product sales.
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