Brief: mPay Signs Letter Of Intent For Investment Cooperation
20/08/2025 06:42
Aug 20 (Reuters) - mPay SA MPAY.WA: SAYS IT HAS SIGNED A LETTER OF INTENT WITH HEXELON, ADALAN VENTURES AND TOPOS NETWORK PTE LTD LOI CONCERNS INVESTMENT COOPERATION TO CREATE AN ENTITY FOR LICENSED MICROFINANCE SERVICES IN THE EU, SWITZERLAND, AND THE UK, WHERE ADALAN AND TOPOS WILL HOLD A MAJORITY STAKE MPAY ROLE IN THE PROJECT IS RELATED TO ITS NATIONAL PAYMENT INSTITUTION LICENSE THE NON-BINDING LOI IS VALID FOR A PERIOD OF 24 MONTHS Source text for Workspace: nEM5LX8z1a Further company coverage: MPAY.WA (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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