Revenue Group Bhd successfully obtained an online money-lending licence from the local government development ministry yesterday.
At 11.32am, the payment solutions provider was the third-most actively traded counter in the morning session with over 35.38 million shares exchanging hands.The new licence was acquired by the group’s wholly owned subsidiary Revenue Harvest Sdn Bhd yesterday. It is valid from Oct 12, 2023 to March 31, 2025 and is renewable every two years.
The services include digital loans and microfinancing services to its existing customers database as well as any other potential micro, small and medium enterprises.
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