BitSpark partners with Vitaxel Group to bring bitcoin remittance services to Malaysia

Announcements | June 15, 2016 By:

Bitspark announced it has signed an MOU with Vitaxel Group to bring bitcoin remittance services to the Malaysian market.

Under the partnership, the companies will seek to pursue the opportunities in financial services in Malaysia and other emerging SE Asian markets.

“We are delighted to begin our cooperation with such a distinguished company as Vitaxel and who are a natural fit with their experience in the eCommerce and payments space already and are confident together we will be able to offer market leading services to both individuals and companies alike in Malaysia,” said Bitspark CEO George Harrap.

“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 ‘game­changer’ innovative fintech company, will move us closer to our corporate goals. Our customers and members of the public will very soon enjoy faster money transfer with greater cost savings,” said Vitaxel CEO Ryan Leong.

Bitspark is a Hong Kong-based fintech startup that pioneered the world’s first cash-in cash-out blockchain remittance platform for Money Transfer Operators. Vitaxel Group is the parent company of the first MLM from South East Asia to focus on travel, entertainment, health, and lifestyle products.