Marubeni to invest in Philippines e-money venture for seafarers
Major trading house Marubeni Corp. is acquiring a stake in an e-money platform joint venture for seafarers between shipping firm NYK Line and Philippine-based conglomerate Transnational Diversified Group. Marubeni has agreed with NYK Line and TDG to engage in the business of the Manila-based startup, MarCoPay Inc., for seamen who are heavily dependent on cash while on duty, as are their familie
Marubeni to invest in Philippines e-money venture for seafarers
Major trading house Marubeni Corp. is acquiring a stake in an e-money platform joint venture for seafarers between shipping firm NYK Line and Philippine-based conglomerate Transnational Diversified Group. Marubeni has agreed with NYK Line and TDG to engage in the business of the Manila-based startup, MarCoPay Inc., for seamen who are heavily dependent on cash while on duty, as are their familie