1. Moneyco clients were for­eign com­pa­nies,

Finweek English Edition - - BUSINESS -

which couldn’t op­er­ate di­rectly in the lo­cal mar­ket (not by law, but be­cause a ma­jor sup­plier chose to only al­low a few lo­cal com­pa­nies to dis­trib­ute their prod­uct and all oth­ers had to go through those).

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