DGAP-News: Achiko Ltd.
/ Key word(s): Agreement
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Achiko announces investment in EmpatKali to offer buy now, pay later services in Indonesia
Zurich/Jakarta, 4 December 2019 - FinTech company Achiko Ltd. (ACHI:SWX) and EmpatKali announce their intention to license Achiko's digital financial platform to EmpatKali, to provide after-pay services on Achiko's digital financial platform offering in Indonesia.
Kenneth Ting, CEO of Achiko Ltd, said: "Our agreement with EmpatKali underlines our hyper-local strategy of investing in leading financial services products for our customers in each geographical region where we operate."
As part of this agreement, Achiko Ltd. is investing USD 100,000 in EmpatKali through a convertible note.
Jamie Camidge, CEO of EmpatKali, said: "EmpatKali is pleased to be partnering with Achiko to offer our zero-interest buy now, pay later service to a wider group of customers in Indonesia who are looking for transparent, simple instalment products."
Further information can be found on www.achiko.co.
Further information can be found on www.empatkali.co.id
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04.12.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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