Welcome to our dedicated page for Currenc Group news (Ticker: CURR), a resource for investors and traders seeking the latest updates and insights on Currenc Group stock.
Currenc Group Inc. (Nasdaq: CURR) regularly issues news updates that describe its activities as a fintech company focused on artificial intelligence (AI) solutions for financial institutions and digital remittance services. Its press releases cover both operational developments and corporate transactions, providing context for investors and other readers who follow CURR news.
Readers of this news feed can expect coverage of financial results, including quarterly and half-year reports that discuss Total Processing Value (TPV) through Tranglo, remittance revenues, airtime revenues, gross margin and EBITDA. These releases often include management commentary on remittance performance, shifts away from lower-margin airtime transfers and the expansion of AI initiatives.
Currenc’s news also highlights strategic and capital-structure actions. Examples in the supplied disclosures include a proposed reverse merger with Animoca Brands Corporation Limited, a definitive agreement to divest its 60% controlling interest in Tranglo to New Margin Holding Limited, convertible note financings with warrants, and a shares-for-debt transaction in which related party loans were converted into equity. Such announcements describe how the company intends to reshape its business mix, reduce debt and support AI, Web3 and digital assets initiatives.
Additional news items address governance and leadership, such as CEO transitions and amendments to executive employment agreements, as well as steps the company has taken to monitor potential naked short selling in its stock. Together, these categories of news provide insight into how Currenc presents its operational performance, strategic direction and shareholder-related actions over time.
Investors and observers who follow CURR news can use this stream of press releases to track updates on remittance operations, AI product development, proposed corporate combinations and financing arrangements as described directly by the company in its public communications.
CURRENC Group (NASDAQ: CURR) has announced a strategic partnership with ARC Group to launch the CURR-ARC AI Fund 1, targeting up to $100 million in investments. The fund will be managed by CURR-ARC GP , a joint venture owned 80% by CURRENC and 20% by ARC Group.
The investment strategy allocates:
- 80% towards global AI computing power and green energy infrastructure, including a planned 500MW hyperscale AI data center in Malaysia
- 20% targeting emerging enterprises in AI ecosystems, fintech, and AI-driven solutions
The fund represents CURRENC's first initiative in its strategic AI investment blueprint, aimed at creating a sustainable ecosystem across AI data centers, green energy, fintech, and AI-driven solutions. It will be led by experienced technology and finance experts, asset managers, and AI data center operators.
CURRENC Group Inc. (Nasdaq: CURR) has announced plans to develop a 500MW hyperscale Artificial Intelligence Data Center (AIDC) in Johor, Malaysia. The company will acquire 100 acres of land for the campus, with Phase 1 (100MW) targeted for completion by end of 2026.
The AIDC will provide co-location and wholesale leasing solutions to hyperscalers, enterprise clients, and data center users. Construction of each phase will begin after securing long-term tenants for a substantial portion of the planned capacity. The facility aims to be one of Southeast Asia's largest AIDCs, supporting financial institutions' AI adoption.
Located 20km north of Singapore, Johor offers strategic advantages including direct fiber optic links, reliable power infrastructure, and attractive tax incentives from the Malaysian government. The project aligns with CURRENC's strategy to provide comprehensive AI solutions and lower entry barriers for financial institutions implementing AI technology.
CURRENC Group (Nasdaq: CURR), a fintech company specializing in AI solutions for financial institutions, has announced its participation in the 37th Annual ROTH Conference from March 16-18, 2025, in Dana Point, California.
Company Founder and Executive Chairman Alex Kong will engage in one-on-one meetings with analysts and investors, and participate as a panelist in the 'AI - Life After DeepSeek: AI CEO's Speak' discussion. The panel, hosted by senior analyst Rohit Kulkarni, is scheduled for March 18th at 8 AM PT and will be accessible via live webcast.
The Annual ROTH Conference is recognized as one of the largest U.S. gatherings focused on small-cap companies, featuring various meeting formats, industry keynotes, and panel discussions.
CURRENC Group Inc. (NASDAQ: CURR) has launched SEAMLESS AI Call Centre Solutions, a comprehensive suite of AI-powered tools designed for financial institutions. The suite includes three main products: Text AI for chat-based interactions, Voice AI for hands-free communication, and Avatar AI featuring 2D/3D avatars for human-like interactions.
The solutions support over 10 languages and can be integrated into mobile applications, offering 24/7 service for tasks including marketing and debt collection. CURRENC also plans to invest in AI hardware infrastructure, including AI Data Centre (AIDC) and AI-as-a-Service.
The company, formerly known as Seamless Group, processed approximately 11 million remittance transactions worth US$4.54 billion in 2023, marking a 28% increase from 2022. CURRENC currently serves over one million unique users, partners with more than 5,000 banks, and operates in 150 countries. The company went public in September 2024.
CURRENC Group Inc. (CURR) reported Q3 2024 financial results with Total Processing Value (TPV) of US$1.21 billion, up 6.1% year-over-year. Total revenues decreased 11.0% to US$11.3 million due to declines in global airtime and remittance revenues. The company reported a net loss of US$5.0 million, increasing 31.6% year-over-year. After divesting TNG Asia and GEA in Q3, CURRENC will focus on Tranglo's remittance and global airtime businesses, along with WalletKu's Indonesian airtime business. Adjusted EBITDA loss narrowed to US$0.2 million, an 83.3% improvement from Q3 2023.
CURRENC Group Inc. (Nasdaq: CURR), a fintech and digital remittance company, celebrated its recent Nasdaq listing with a Closing Bell Ceremony at Nasdaq MarketSite in Times Square. The company, which began trading on Nasdaq on September 3, 2024, completed a business combination with INFINT Acquisition
CURRENC, founded in 2013, focuses on serving unbanked and underbanked individuals in Southeast Asia and beyond. In 2023, the company processed approximately 11 million transactions totaling US$4.54 billion, a 28% increase from 2022. CURRENC's network includes over one million unique users, more than 5,000 bank partners, and coverage across 150 countries.
The public listing is expected to support CURRENC's international growth strategy and help scale its platform to drive progress in the global financial landscape.
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