:: Kementerian Perdagangan Dalam Negeri Koperasi dan Kepenggunaan

iPay88 Teams Up With @CAT

KUALA LUMPUR, Feb 13 (Bernama) -- iPay88 Holding Sdn Bhd (formerly known as iPay88 Sdn Bhd), an NTT Data company, as well as a Malaysia-based leading provider of online payment services solutions in ASEAN, has teamed up with @CAT Penang.

In a statement today, iPay88 said, via the three-year partnership, it would offer co-working spaces for aspiring startups in Penang under @CAT, a community driven-initiative which aimed to help build an ecosystem for potential startups in Penang.

iPay88 Head of Marketing, Calvin Yeap, said while the number of startups has grown tremendously globally, they faced many challenges in the road towards achieving their goals.

"We believe that startups are important catalysts in the growth of Malaysia and hence we are partnering with @CAT to provide co-sharing spaces for aspiring startups," he said.

He said this was in line with the government's aim to accelerate the growth of startups in Malaysia as well as @CATs aim which specifically focused on startups in Penang.

Yeap said that Penang was well-positioned to help tap into these opportunities as innovative technology and solutions hub.

@CAT Penang Director, Howie Chang, said the partnership with iPay88 would provide the startups with a space to do business and interact with like-minded businesses and startups.

"We believe that the gathering and cohesion of entrepreneurial mindsets under one roof is the way to spark inspiration and brilliant ideas," Chang said.