Upay launched a website for Petra Software, positioning the unit as a software development partner for the group and future external clients.
Petra currently generates substantially all revenue from services to Upay group companies; no material third-party client contracts have been signed.
Target markets include South Africa and the U.S., with offerings spanning fintech platforms, compliance technology, systems integration, cloud, and mobile development.
Management does not expect the website launch to materially affect financial condition or operating results.
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