Bitcoin remittance firm Bitspark has partnered with Vitaxel Group to bring its payment platform to Malaysia.
Vitaxel Group is the holding company of the first MLM Company from South East Asia to promote exclusive travel, entertainment, lifestyle and health products through eCommerce and its own online shopping mall.
Bitspark CEO George Harrap said: “Today we signed our final master agreement on bringing the Bitspark Remittance platform to Malaysia, both teams at Bitspark and Vitaxel have been working hard to make this happen and today we have reached an exciting new milestone.”
Vitaxel CEO Ryan Leong said: “Our customers and contacts are located all around the world, whilst having our headquarters in Malaysia, we are currently serving close to 5,000 distributors in 16 Asian countries and all this happening within one and half year in operation.
“We are committed to provide the most effective technology to deliver the best value to our current and future customers, we believe that our collaboration with Bitspark, a ‘game-changer’ innovative fintech company, will move us closer to our corporate goals.”
The deal follows on from an MOU signed in June 2016. The two entities will soon launch the remittance platform in Malaysia in addition to other value added services and products.