Currenc Group Inc. (NASDAQ: CURR) has extended the exclusivity period for its proposed reverse merger with Animoca Brands Corporation Limited to June 30, 2026. Under the deal, Animoca Brands shareholders would own approximately 95% of the merged entity, with the resulting company operating under the Animoca Brands name...
Currenc Group reported a net loss of US$9.5 million for the first half of 2025, with total processing value of US$2.8 billion through Tranglo, representing a 5.8% year-over-year decrease. The company is shifting focus from airtime services to AI-driven solutions for financial institutions.
Currenc Group plans to acquire Animoca Brands through a reverse merger, creating a publicly-listed digital assets conglomerate with a global growth strategy in digital investments, blockchain, and AI technologies.
Currenc Group Inc. issued 35,653,995 ordinary shares to its Founder and controlling shareholder to settle outstanding related party loans totaling $54.6 million, eliminating debt and aligning shareholder interests.
CURRENC Group Inc. reported its full-year 2024 financial results, highlighting its strategic business transformation with several AI-driven initiatives. The company's remittance business remained resilient, but its global airtime transfer revenues declined due to market trends. The company also announced plans for a...
CURRENC Group and ARC Group have established a $100 million AI investment fund to focus on AI data centers, green energy, and computing infrastructure. The fund will also invest in AI startups and fintech solutions.
CURRENC Group Inc. and ARC Group are launching a $100 million AI-focused investment fund to invest in AI data centers, green energy, and computing power development, driving AI innovation and digital transformation globally.
CURRENC Group Inc. (NASDAQ: CURR) plans to build a 500MW AI data center in Johor, Malaysia to support the growing demand for AI technology in the financial industry. The first phase of 100MW is expected to be completed by the end of 2026. This investment will complement CURRENC's existing AI solutions for financial...
CURRENC Group Inc. announced plans to build a 500MW Artificial Intelligence Data Center (AIDC) in Johor, Malaysia, to support the growing demand for AI technology in the financial industry. The facility is expected to be one of the largest AIDCs in Southeast Asia and will serve as a cornerstone in CURRENC's strategy to...
CURRENC Group Inc., a fintech company, announced that its Founder and Executive Chairman, Alex Kong, will participate in the 37th Annual Roth Conference, including one-on-one meetings and a panel discussion on AI.
CURRENC Group Inc. reported its Q3 2024 financial results, with a decrease in total revenues but an improvement in Adjusted EBITDA. The company divested two subsidiaries, TNG Asia and GEA, to focus on its core digital remittance platform, Tranglo.
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