Quark Sets up New Subsidiary to Enter the Malaysian Market

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Quark International Holdings said recently that it has set up a new subsidiary dedicated to starting operations in Malaysia. The move was pursued on the back of strong growth drivers such as increasing smartphone adoption rate and a huge underbanked population in the country. The subsidiary is incorporated as Quark International SDN. BHD. and is poised to be the next-generation company to enable local small and medium enterprises (SMEs) and financially underserved segments, such as unbanked and underbanked individuals, to access a suite of inclusive financial services.

 

About Quark International

Quark International Holdings is one of Asia’s fastest-growing financial technology groups. Quark is incorporated in Singapore (Reg. No 201932065N) and has existing operations in Asia, America, and Africa continents. Quark employs unparalleled technology to develop financial mobile applications that enable people to access financial solutions non-traditionally in an approved regulatory environment. Its mission is to create easy access to financial solutions and financial literacy knowledge via technological means such as mobile phones. Overall, establishing a sound financial infrastructure elevates the quality of life and reduces social inequality.

 

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