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Techna-X Signs Deal with Souqa Fintech for Payment Technology

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Techna-X (KLSE:TECHNAX) has entered into a memorandum of understanding with Souqa Fintech to collaborate on intech payment technology and related payment solutions, according to a Tuesday filing to the Malaysian stock exchange.

Under the deal, Souqa Fintech will provide payment technology, payment gateway infrastructure and related payment capabilities which Techna-X will be able to offer on a white-label basis under the Techna-X brand or any other decided brand,

The partnership will allow Techna-X to develop and commercialize its own payment technology proposition.

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