CURRENC Group Inc. (Nasdaq: CURR) is a fintech digital remittance pioneer in Southeast Asia and beyond, serving millions of migrant workers and unbanked individuals. Our platform enables e-wallets, remittance companies and corporations to provide real-time, 24/7 global payment services, advancing financial access across underserved communities.
CURRENC Group’s business model is highly scalable and transferrable to other geographic markets. The knowledge it has gained from building its operations in Southeast Asia has helped it to understand the pain points faced by individuals and merchants in Asian markets, as well as to facilitate the development of its infrastructure, product and compliance processes, allowing it to rapidly replicate and build up its business across its core markets.
Tranglo Global Remittance Business - Tranglo provides a single unified application programming interface for licensed banks and money service operators and acts as a one-stop settlement agent for cross-border money transfer, offering customers the ability to transfer money and process payments globally. Tranglo has built an extensive payout network across more than 70 countries, covering more than 5,000 banks or e-wallet operators while serving 116 corporate customers as of March 31, 2024, and it processed approximately 2.94 million transactions with a total value of US$1.35 billion for the three months ended March 31, 2024. A majority of Tranglo’s remittance revenue is derived from transactions for customers in Hong Kong, Singapore and South Korea.
Tranglo Global Airtime Business - Tranglo retains a strong foothold in the global airtime transfer market, acting as a switching platform provider for telecom airtime transfer and wholesale reseller of foreign airtime. Tranglo’s proprietary technology enables customers to request a variety of recharge options, including support for both pin and pinless airtime transfers. Currently, Tranglo operates one of the most extensive airtime transfer networks in the world, providing access to over 500 mobile operators across 150 countries.
WalletKu Retail Airtime Business in Indonesia - WalletKu focuses on the retail airtime business serving the Indonesian market. In addition to allowing users to purchase airtime usage and internet data top-up, WalletKu also allows users to make bill payments, other cash top-ups and money transfers. As of March 31, 2024, WalletKu had approximately 128,000 merchant and individual users, more than 600 active users for WalletKu Digital and 2,600 active users for WalletKu Indosat.
Our headquarters are located in Singapore.
The Company has selected December 31 as its fiscal year end.
CURRENC Group’s American Depositary Shares have been listed on the Nasdaq Stock Market since September 3, 2024, under the symbol “CURR”.
Annual reports will be available via this website. All SEC documents are also accessible online through the SEC Filings page.
MRI Moores Rowland LLP
Nelson Mullins Riley & Scarborough
In Singapore: CURRENC Group Investor Relations Email: investors@currencgroup.com
In China: Piacente Financial Communications Jenny Cai Tel: +86 (10) 6508-0677 Email: CURRENC@thepiacentegroup.com
In the United States: Piacente Financial Communications Brandi Piacente Tel: +1-212-481-2050 Email: CURRENC@thepiacentegroup.com