KinerjaPay Corp. in Discussions With Strategic Investor to Explore Synergistic and Collaborative Alliances
KinerjaPay Corp., an Indonesian-based fintech and mobile payment solution Company based in Jakarta, announced that its Chief Executive Officer, Mr. Edwin W. Ng is in discussions to explore synergistic and collaborative alliances with strategic investor Kozjin International Group (Kozjin).
Kozjin is an innovative fintech company using blockchain technology across its portfolio of businesses including real estate, showbiz, business schools, and aesthetic products, spread across Taiwan, Japan, Malaysia and Singapore. Kozjin’s recent success in Real Estate integration projects in Malaysia and Vietnam has transformed the Company into a fully capitalized Company in Blockchain technology.
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Mr. Ng said, “This partnership will transform KinerjaPay Corp into a much stronger company. With Kozjin Group as our strategic investor, it will help KPAY grow beyond Indonesia to other markets such as Malaysia, Singapore, Vietnam, Taiwan and Japan.”
Kozjin has a strong and growing presence in the region and is actively seeking to expand its footprint both in width and depth of market presence, and also in its portfolio of businesses using blockchain technology. The strategic investment will focus towards building up the business revenue of the Company in eCommerce sector, Peer-to-Peer Lending platform, and expansion to other regions such as Malaysia, Vietnam, Taiwan and Japan.
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Kozjin’s Founder and Group Chairman, Dato’ Sri Francis Ang commented, “Upon the successful strategic investment, Kozjin will support KinerjaPay to enter into foreign markets which we currently have our foothold and presence, such as Malaysia, Vietnam, Taiwan and Japan. We will introduce KPAY’s platform to our existing market, and help reinvent the business to a new level.” Dato’ Sri Francis Ang continued, “We believe that this potential strategic investment will create a strong synergistic growth momentum for both KPAY and also Kozjin as a group.”
In view of the shared goal of creating greater values for clients, both parties are currently conducting in-depth discussions and the accompanying due diligence.
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