Merchantrade completed the acquisition of Valyou from Telenor.

Merchantrade, a mobile payment company, completed the acquisition of Valyou, a fintech firm, from Telenor, a telecommunication company. Financial terms were not disclosed. "In addition to the past achievements and the team that Merchantrade has grown after acquiring Valyou, I believe that the company has the talents, resources, and the ability to expand our footprint and business in Malaysia and the region. I am optimistic about the company’s prospects, and I am also optimistic about the future expectantly," Ramasamy K Veeran, Merchantrade Managing Director.