News Snapshot:
SINGAPORE , Jan. 19, 2021 /PRNewswire/ -- Singapore -based fintech company Lightnet Pte. Ltd. has entered into a strategic partnership with, among others, Malaysia -based Asia Digital Bank Ltd. (Labuan Investment Bank), and British Virgin Island-based Velo Labs Technology Ltd. to jointly develop cross-border business solutions. With a Memorandum of Understanding in effect between the parties, Lightnet, Asia Digital Bank and Velo Labs will collaborate on several areas: Lightnet will provide Asia Digital Bank (Labuan Investment Bank) with solutions focused on cross-border transfer of value; Velo Labs will collaborate with Asia Digital Bank (Labuan Investment Bank) to conduct pilot projects...
