CIMB's e-wallet venture with Ant Group to close fundraising by mid-year

CIMB's e-wallet venture with Ant Group to close fundraising by mid-year

A staff attends to a customer at a branch of CIMB Bank in Kuala Lumpur December 8, 2009. REUTERS/Bazuki Muhammad

Malaysian bank CIMB Group’s e-wallet unit is looking to close by around mid-year fundraising in a joint venture with China’s Ant Group, the unit’s chief said in a press briefing on Monday.

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