Shares & Derivatives
Is This The FinTech Stock of Malaysia?
By Value Invest Asia  •  April 13, 2021
Established in 2003, Revenue Group Berhad (KLSE: REVENUE) (“Revenue”) is a cashless payment solutions provider in Malaysia offering a multichannel payment solution through its flagship platform, revPAY that facilitates the acceptance of payment transactions across various payment channels from physical electronic data capture (EDC) terminals to virtual payments to QR payments. I wrote about Revenue in an article last year where I did a deep dive into its business model, management and financials. I will now provide an update on some of the group’s key corporate developments in 2020.
  1. Acquisition of DAX Venture Sdn Bhd (“DAX Venture”) 
On 1 April 2020, Revenue acquired DAX Venture for a purchase consideration of RM1. Started in 2018, DAX Venture aims to change the way real estate transactions are conducted through implementation of financial technology, such as real time credit assessment and digital lending. Instead of requiring tenants to pay a rental deposit,...
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By Value Invest Asia
Value Invest Asia started as a simple idea. While we are still studying for the Chartered Financial Analyst Program, three of us met at a CFA event. We were just starting out in our career but we found out even then, that not many people in the financial world are true believers of value investing ...
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