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Currenc Group posts Q3 2025 EBITDA gain amid large share resale

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
424B3

Rhea-AI Filing Summary

Currenc Group Inc. filed a prospectus supplement for a secondary offering covering the potential resale of up to 50,070,187 ordinary shares by existing holders. Alongside this, the company reported a strong turnaround in its third quarter ended September 30, 2025.

Third quarter revenue, excluding TNG Asia and GEA, was US$10.4 million, down 3.9% year-over-year, but gross profit rose to US$5.3 million as gross margin expanded to 50.8% from 27.8%. Total processing value through Tranglo reached US$1.41 billion, up 10.1%, with transactions rising to 3.0 million. Remittance revenue excluding TNG Asia and GEA grew 54.8% to US$7.0 million, supported by an improved 0.38% take rate.

Direct costs fell 37.0% to US$5.1 million and operating expenses dropped sharply to US$0.5 million, helped by incentive share adjustments. Net income was US$3.1 million versus a loss of US$19.9 million a year earlier, and EBITDA improved to a US$3.6 million profit. Management is deemphasizing lower-margin airtime transfers, investing in new AI offerings, and highlighted a proposed reverse merger with Animoca Brands as a key strategic step.

Positive

  • Return to profitability and margin expansion: Net income reached US$3.1 million versus a US$19.9 million loss a year earlier, EBITDA turned to a US$3.6 million profit, and gross margin rose to 50.8% from 27.8%, supported by 54.8% remittance revenue growth and a 37.0% drop in direct costs.

Negative

  • None.

Insights

Currenc posts profitable Q3 with higher margins while registering a large secondary resale.

Currenc Group combined a technical secondary registration with a notably stronger operating quarter. Revenue excluding TNG Asia and GEA slipped to US$10.4 million, a modest 3.9% decline, but mix shifted toward higher-margin remittances. Tranglo’s TPV rose 10.1% to US$1.41 billion, and remittance revenue excluding TNG Asia and GEA increased 54.8% to US$7.0 million as take rate improved to 0.38%.

Cost discipline is evident: direct costs fell 37.0% to US$5.1 million, and gross margin expanded from 27.8% to 50.8%. Operating expenses dropped to US$0.5 million from US$19.1 million, largely due to a swing in incentive share expenses, contributing to net income of US$3.1 million versus a prior loss of US$(19.9) million. EBITDA moved to a US$3.6 million profit from a small loss, with Tranglo and WalletKu contributing US$0.9 million.

Strategically, management is deemphasizing lower-margin airtime transfers as free Wi-Fi pressures demand, and reallocating capital toward new AI products. The commentary also references a proposed reverse merger with Animoca Brands, positioning AI-driven financial solutions as a growth focus. The secondary registration for up to 50,070,187 ordinary shares is primarily administrative for selling securityholders and does not by itself change operations.

 

Filed pursuant to Rule 424(b)(3)

Registration No. 333-284957

 

PROSPECTUS SUPPLEMENT NO. 4

(to the Prospectus dated August 4, 2025)

 

Currenc Group Inc.

 

Secondary Offering of

Up to 50,070,187 Ordinary Shares

 

This prospectus supplement (this “Prospectus Supplement No. 4”) is part of the prospectus of Currenc Group, Inc. (the “Company”), dated August 4, 2025 (the “Prospectus”), which forms a part of the Company’s registration statement on Form F-1 (Registration No. 333-284957) (the “Registration Statement”), related to the offer and resale from time to time, upon the expiration of lock-up agreements, if applicable, of the Company’s Ordinary Shares by the Selling Securityholders of: (i) up to 20,000,000 Ordinary Shares that we may, in our sole discretion, elect to sell to Arena from time to time after the date of this prospectus, pursuant to the ELOC Purchase Agreement; (ii) up to 600,000 Ordinary Shares the issuable to Arena as a commitment fee upon the execution of ELOC Purchase Agreement; (iii) 81,818 Ordinary Shares issued to Roth pursuant to the Roth Agreement; (iv) 1,027,996 Ordinary Shares issued to Pine Mountain Holdings upon the conversion of certain convertible notes; (v) 3,007,746 Ordinary Shares issued to Tian Ye pursuant to the Creditor Share Purchase Agreement, (vi) 1,570,324 Ordinary Shares issued to Tang In Ha pursuant to the Creditor Share Purchase Agreement, (vii) 2,659,273 Ordinary Shares issued to Lao Wai Hong pursuant to the Creditor Share Purchase Agreement, (viii) 3,820,494 Ordinary Shares issued to Wong Nga Man pursuant to the Creditor Share Purchase Agreement, (ix) 3,419,572 Ordinary Shares issued to Chu Shuk Mei pursuant to the Creditor Share Purchase Agreement, (x) 3,449,510 Ordinary Shares issued to Wong Man San pursuant to the Creditor Share Purchase Agreement, (xi) 3,477,818 Ordinary Shares issued to Huang Yafangzhou pursuant to the Creditor Share Purchase Agreement, (xii) 3,477,818 Ordinary Shares issued to Sit Yi Sze pursuant to the Creditor Share Purchase Agreement, and (xiii) 3,477,818 Ordinary Shares issued to Yik Pui Han Pauline pursuant to the Creditor Share Purchase Agreement. Capitalized terms used but not defined herein have the meanings ascribed to them in the Prospectus.

 

The purpose of this Prospectus Supplement No. 4 is to update and supplement the information included in the Prospectus with the information contained in our Report on Form 6-K which was submitted to the U.S. Securities and Exchange Commission (the “SEC”) on November 10, 2025, and are included immediately following the cover page of this Prospectus Supplement No. 4.

 

This Prospectus Supplement No. 4 is not complete without, and may not be utilized except in connection with, the Prospectus, including any supplements and amendments thereto.

 

We may further amend or supplement the Prospectus and information in this Prospectus Supplement No. 4 from time to time by filing amendments to the Registration Statement or other supplements to the Prospectus, as required. You should read the entire Prospectus, this Prospectus Supplement No. 4 and any amendments to the Registration Statement or subsequent supplements to the Prospectus carefully before you make your investment decision.

 

The Ordinary Shares are listed on the Nasdaq Global Market LLC (“Nasdaq”) under the symbol “CURR”. On November 20, 2025, the last reported price of our Ordinary Shares, as reported on the Nasdaq, was $2.41.

 

Investing in our securities involves risks. See “Risk Factors” beginning on page 42 of the Prospectus. Neither the SEC nor any state securities commission has approved or disapproved of these securities or determined if the Prospectus, as supplemented by this Prospectus Supplement No. 4, is truthful or complete. Any representation to the contrary is a criminal offense.

 

The date of this Prospectus Supplement No. 4 is November 21, 2025.

 

 
 

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of November 2025

 

Commission File No. 001-41079

 

Currenc Group Inc.

(Translation of registrant’s name into English)

 

410 North Bridge Road,

Spaces City Hall,

Singapore  

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F

 

Form 20-F ☒ Form 40-F ☐

 

 

 

 

 

 

Press Release

 

On November 10, 2025, Currenc Group, Inc., an exempted company incorporated and registered in the Cayman Islands (the “Company” or “Currenc”), issued a press release announcing its financial results for the third quarter ended September 30, 2025, which is attached as Exhibit 99.1 hereto.

 

INDEX TO EXHIBITS

 

Exhibit No.   Description
99.1   Press Release of Currenc Group Inc. dated as of November 10, 2025

 

2

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: November 10, 2025

 

  CURRENC GROUP INC.
     
  By: /s/ Wan Lung Eng
  Name: Wan Lung Eng
  Title: Chief Financial Officer

 

3
 

 

Exhibit 99.1

 

Currenc Group Inc. Announces Third Quarter 2025 Unaudited Financial Results

 

Singapore, November 10, 2025 (Globe Newswire) — Currenc Group Inc. (Nasdaq: CURR) (“Currenc” or the “Company”), a fintech pioneer empowering financial institutions worldwide with artificial intelligence (AI) solutions, today announced its unaudited financial results for the third quarter ended September 30, 2025.

 

Third Quarter 2025 Financial Highlights

 

Total Processing Value (TPV) through Tranglo was US$1.41 billion for the third quarter of 2025, increasing by 10.1%1 year-over-year. Total number of transactions increased to 3.0 million for the third quarter of 2025 from 2.7 million for the same period of 2024.
   
Total revenues, excluding TNG Asia and GEA2, were US$10.4 million for the third quarter of 2025, representing a year-over-year decrease of 3.9%3, primarily due to lower Indonesian Airtime revenue, partly offset by growth in remittance revenue.

 

  

For the three-month period

ended September 30,

 
   2025   2024 2 
   $   $ 
   (dollars in thousands) 
Remittance revenue excluding TNG Asia & GEA   6,970    4,501 
           
Global Airtime Revenue   2,016    2,298 
Local Airtime Revenue   1,402    3,992 
Other Revenue   6    24 
Total Revenue excluding TNG Asia & GEA   10,394    10,815 

 

Total remittance revenues2, excluding TNG Asia and GEA, i.e., remittance revenues contributed by Tranglo, were US$7.0 million for the third quarter of 2025, an increase of 54.8% year-over-year. The increase in remittance revenue was mainly due to a 10.1%1 increase in TPV. Tranglo’s overall take rate improved to 0.38% in the third quarter of 2025 from 0.37% in the same period of 2024.
   
Currenc’s global airtime transfer revenues were US$2.0 million for the third quarter of 2025, representing a year-over-year decrease of 12.3%. The growing availability of free Wi-Fi in Southeast Asian countries, especially Malaysia and Indonesia, has led to declining demand for Malaysia-Indonesia airtime transfers, resulting in a decline in global airtime business in the third quarter of 2025. As Currenc expects this trend to continue in Southeast Asian markets, the Company’s management is deemphasizing airtime transfer and reallocating its resources and capital to expand its new AI product offerings.
   
Total direct costs of revenue were US$5.1 million for the third quarter of 2025, representing a year-over-year decrease of 37.0%.

 

 

1 Change in TPV is calculated based on the local currency.

2 Currenc divested TNG Asia and GEA in August 2024 and July 2024, respectively. As such, from the fourth quarter of 2024 onward, only Tranglo’s (digital remittance and global airtime transfer businesses) and WalletKu’s (Indonesian airtime business) results will be consolidated and reported in the Company’s financial statements.

3 Total 2024 revenues include intercompany transactions.

 

 

 

 

The direct payout rate for Tranglo’s remittance business was 0.13% for the third quarter of 2025, a slight increase compared to 0.12% for the same period of 2024. Currenc’s overall gross profit margin ratio for the third quarter of 2025 was 50.8%, compared to 27.8% for the same period of 2024.
   
Total operating expenses decreased to US$0.5 million for the third quarter of 2025 from US$19.1 million for the same period of 2024. The decrease in operating expenses was mainly due to US$1.7 million income from adjustments on incentive shares expenses in the third quarter of 2025, compared to US$13.1 million expenses in recognition of the incentive shares granted to employees upon the completion of the INFINT SPAC merger for the same period of 2024.

 

As Currenc divested TNG Asia and GEA in August and July 2024, respectively, its operating costs now reflect the operating costs of Tranglo, WalletKu and the Company’s headquarters only. Also, with the rollout of its new AI initiatives, Currenc incurred US$0.4 million in operating costs related to these new businesses in the third quarter of 2025.

 

Tranglo’s operating costs for the third quarter of 2025 were US$2.9 million, representing a 12.1% decrease compared to US$3.3 million in the same period of 2024.
   
WalletKu’s operating costs were US$0.17 million for the third quarter of 2025, representing a 17.0% decrease compared to US$0.2 million for the same period of 2024.
   
Professional fees and director fees were an income of US$1.3 million for the third quarter of 2025, mainly due to the reversal of professional fee accruals of US$1.6 million made in the third quarter of 2025.

 

Net income was US$3.1 million for the third quarter of 2025, primarily driven by net profit of US$1 million from Tranglo, and adjustment on incentive shares granted to employees of US$1.6 million.
   
EBITDA analysis

 

For the three-month period ended

September 30, 2025

  Tranglo   WalletKu  

TNG Asia

and GEA

  

Headquarters

and adjustments

  

Group

Total

 
   (dollars in thousands) 
Net income (loss)   925    (90)   -    2,305    3,140 
                          
Add:                         
Income tax expenses   62    -    -    (93)   (31)
Interest expense, net        -    -    (98)   (98)
EBIT   987    (90)   -    2,114    3,011 
Depreciation and amortization   -    -    -    -    550 
EBITDA   987    (90)   -    2,114    3,561 

 

The Company’s total EBITDA for the third quarter of 2025 was a profit of US$3.6 million.
Tranglo and WalletKu’s combined EBITDA for the third quarter of 2025 was US$0.9 million.
TNG Asia and GEA’s combined losses had no impact on the Company’s results from the fourth quarter of 2024 onwards as they were divested before the completion of the de-SPAC merger.

 

 

 

 

Headquarters expenses and adjustments recorded an EBIT profit of US$2.1 million, mainly contributed by:

 

US$1.6 million for reversal of professional fee accrual.

 

For the three-month period ended

September 30, 2024

  Tranglo   WalletKu  

TNG Asia

and GEA

  

Headquarters

and adjustments

  

Group

Total

 
   (dollars in thousands) 
Net income (loss)   (131)   (39)   (826)   (4,025)   (5,021)
                          
Add:                         
Income tax expenses   179    -    -    (93)   86 
Interest expense, net   -    -    76    3,780    3,856 
EBIT   48    (39)   (750)   (338)   (1,079)
Depreciation and amortization   -    -    -    -    888 
EBITDA   48    (39)   (750)   (338)   (191)

 

Management Comments

 

Alex Kong, Founder, Chief Executive Officer, and Executive Chairman of Currenc Group, remarked, “In the third quarter, we maintained steady business momentum and further enhanced our operational efficiency. Tranglo’s TPV increased 10.1% year-over-year to US$1.41 billion, while we improved take rate to 0.38%, driving 54.8% growth in remittance revenue to $7.0 million. These results underscore our remittance business’s strength and resilience, as well as disciplined operational execution. Meanwhile, we continue to deemphasize lower-margin airtime transfers and reallocate those resources toward technology-driven financial solutions that better meet customers’ evolving demand in the AI era. Going forward, our proposed reverse merger with Animoca Brands is poised to propel our next phase of development and unlock long-term value for our shareholders.”

 

Wan Lung Eng, Chief Financial Officer of Currenc Group, commented, “Our remittance business grew robustly in the third quarter, underpinned by healthy TPV and revenue increases and improved profitability. Tranglo delivered an EBITDA of US$1.0 million, contributing to Currenc’s EBITDA of US$3.6 million for the quarter. Combined EBITDA from Tranglo and WalletKu reached US$0.9 million, while disciplined execution kept Tranglo’s payout rate at 0.13% compared to 0.14% in the previous quarter. We also strengthened cost management, reducing direct costs by 37% year-over-year and expanding our gross margin to a record 50.8%. Operating expenses decreased significantly from the same period last year, reflecting adjustments to incentive-share expenses related to the de-SPAC merger, continued efficiency gains across our operations, and a US$0.4 million investment in our AI initiatives. As we progress through the Animoca reverse merger, we will remain focused on operational discipline, financial prudence, and ensuring a smooth handover for our stakeholders.”

 

About Currenc Group Inc.

 

Currenc Group Inc. (Nasdaq: CURR) is a fintech pioneer dedicated to transforming global financial services through artificial intelligence (AI). The Company empowers financial institutions worldwide with comprehensive AI solutions, including SEAMLESS AI Call Centre and other AI-powered Agents designed to reduce costs, increase efficiency and boost customer satisfaction for banks, insurance, telecommunications companies, government agencies and other financial institutions. The Company’s digital remittance platform also enables e-wallets, remittance companies, and corporations to provide real-time, 24/7 global payment services, advancing financial access across underserved communities.

 

For additional information, please refer to the Currenc website https://www.currencgroup.com and the annual report on Form 10-K for the year ended December 31, 2024, filed with the Securities and Exchange Commission.

 

 

 

 

Non-GAAP Financial Measures

 

To supplement the Company’s consolidated financial statements, which are prepared and presented in accordance with GAAP, it uses EBITDA, a non-GAAP financial measure as described below, to understand and evaluate its core operating performance. This non-GAAP financial measure, which may differ from similarly titled measures used by other companies, is presented to enhance investors’ overall understanding of the Company’s financial performance and should not be considered a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP.

 

EBITDA is defined as net loss before interest, taxes, depreciation, and amortization. Currenc believes that EBITDA provides useful information to investors and others in understanding and evaluating its operating results. This non-GAAP financial measure eliminates the impact of items that Currenc does not consider indicative of the performance of its business. While Currenc believes that this non-GAAP financial measure is useful in evaluating its business, this information should be considered supplemental in nature and is not meant as a substitute for the related financial information prepared in accordance with GAAP.

 

Safe Harbor Statement

 

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. Further information regarding these and other risks, uncertainties, or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

 

Investor & Media Contact

 

Currenc Group Investor Relations

Email: investors@currencgroup.com

 

SOURCE: Currenc Group Inc.

 

 

 

 

CURRENC GROUP INC. AND SUBSIDIARIES

 

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

 

   Three months ended September 30, 
   2025   2024 
   US$   US$ 
Revenue   10,394,350    11,259,716 
           
Cost of revenue   (5,118,080)   (8,124,542)
Gross profit   5,276,270    3,135,174 
Selling expenses   -    (3,649)
           
General and administrative expenses   (519,576)   (19,061,439)
           
Profit/(loss) from operations   4,756,694    (15,929,914)
Finance costs, net   99,468    (3,855,555)
Other (loss)/income   (1,125,594)   146,063 
Other expenses   (621,513)   (160,362)
           
Profit/(loss) before income tax   3,109,055    (19,799,768)
Income tax benefit/(expense)   30,495    (86,043)
           
Net profit/(loss)   3,139,550    (19,885,811)
Net (loss)/income attributable to non-controlling interests   (226,500)   60,419 
           
Net profit/(loss) attributable to CURRENC Group Inc.   2,913,050    (19,825,392)
           
Net profit/(loss) per share, basic and diluted (1)  $0.05   $(0.52)
           
Shares used in net profit/(loss) per share computation, basic and diluted (1)   56,432,698    38,163,168 
           
Other comprehensive loss:          
Foreign currency translation adjustments   (52,737)   (72,055)
           
Total comprehensive income/(loss)   3,086,813    (19,957,866)
Total Comprehensive (income) loss attributable to non-controlling interests   (226,950)   18,291 
Total comprehensive income/(loss) attributable to CURRENC Group Inc.   2,859,863    (19,939,575)

 

(1) Retrospectively restated to reflect Reverse Recapitalization

 

 

 

 

CURRENC GROUP INC. AND SUBSIDIARIES

 

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)

 

  

September 30,

2025

  

December 31,

2024

 
   US$   US$ 
ASSETS          
Current assets:          
Cash and cash equivalents   50,689,972    63,821,397 
Restricted cash   42,664    40,742 
Accounts receivable, net   1,516,126    2,115,681 
Other financial assets   3,183,417    - 
Amounts due from related parties   449,677    560,823 
Prepayments, receivables and other assets   15,063,200    20,948,216 
Total current assets   70,945,056    87,486,859 
Non-current assets:          
Equipment and software, net   1,049,261    1,055,520 
Right-of-use asset   221,656    349,240 
Intangible assets   2,230,699    3,386,117 
Goodwill   12,059,428    12,059,428 
Deferred tax assets   344,050    342,822 
Total non-current assets:   15,905,094    17,193,127 
Total assets   86,850,150    104,679,986 
LIABILITIES AND SHAREHOLDERS’ DEFICIT          
Current liabilities:          
Borrowings   14,148,295    20,150,058 
Receivable factoring   52,442    258,415 
Other financial liabilities   3,704,400    - 
Accounts payable, accruals and other payables   39,795,727    55,329,740 
Amounts due to related parties   3,629,516    67,697,074 
Convertible bonds   -    1,750,000 
Lease liabilities   196,524    171,909 
Total current liabilities:   61,526,904    145,357,196 
Non-current liabilities:          
Deferred tax liabilities   599,612    876,912 
Employee benefit obligation   37,737    45,289 
Lease liabilities   17,259    156,647 
Total non-current liabilities:   654,608    1,078,848 
Total liabilities   62,181,512    146,436,044 
           
Commitments and contingencies          
           
Shareholders’ deficit:          
Ordinary shares (US$0.0001 par value; 555,000,000 shares authorized 76,597,293 and 46,527,999 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively) (1)   7,660    4,653 
Additional paid-in capital (1)   137,620,035    65,638,838 
Accumulated deficit   (137,939,413)   (131,522,902)
Accumulated other Comprehensive Loss   598,099    (108,122)
Total shareholders’ deficit attributable to Currenc Group Inc.   286,381    (65,987,533)
Non-controlling interests   24,382,257    24,231,475 
Total deficit   24,668,638    (41,756,058)
Total liabilities and shareholders’ deficit   86,850,150    104,679,986 

 

1) Retrospectively restated to reflect Reverse Recapitalization

 

 

 

 

CURRENC GROUP INC. AND SUBSIDIARIES

 

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

 

   Nine months ended September 30, 
   2025   2024 
   US$   US$ 
Cash flows from operating activities:          
Net loss   (6,312,104)   (26,125,077)
Adjustments to reconcile net loss to net cash provided by operating activities:          
Non-cash expense for Share-based compensation   3,196,336    14,137,850 
Non-cash expense: others   520,983    - 
Non-cash offering costs for convertible note   -    2,512,000 
Non-cash finance cost for debt conversion   -    340,159 
Depreciation of equipment and software   372,206    420,642 
Depreciation of right-of-use assets   148,230    131,378 
Amortization of intangible assets   1,155,418    2,184,996 
Reversal of provision for doubtful debts   (54,405)   - 
Deferred income taxes   (444,774)   (119,078)
Gain on Disposal of property, plant and equipment   401    - 
Disposal of subsidiaries   -    (6,873,094)
Goodwill impairment   -    1,657 
Unrealized foreign exchange gain   1,366,585    1,586,780 
Changes in operating assets and liabilities:          
Accounts receivable   677,767    (147,011)
Prepayments, receivables and other assets   5,905,948    6,093,059 
Escrow money payable   -    10,373 
Client money payable   -    (416,198)
Accounts payable, accruals and other payables   (15,121,227)   (9,028,919)
Interest payable on convertible bonds   -    - 
Amount due from a director   1,881,362    1,427,640 
Amount due to Immediate holding company   1,638,778    - 
Amounts due from related parties   (3,642)   (1,842,634)
Amounts due to related parties   (7,333,371)   4,034,054 
Net cash used in operating activities   (12,405,509)   (11,671,423)
           
Cash flows from investing activities:          
Decrease in short-term investments   (363,927)   (365,224)
Proceeds from disposal of property, plant and equipment   596    - 
Net cash used in investing activities   (363,331)   (365,224)
           
Cash flows from financing activities:          
Proceeds from convertible note   -    1,750,000 
Proceeds from borrowings   -    640,145 
Repayment of borrowings   -    (220,986)
Proceeds from receivable factoring   634,132    1,604,828 
Repayment of receivable factoring   (844,821)   (1,452,946)
Payment of principal elements of lease liabilities   (130,421)   (136,094)
Payment of interest elements of lease liabilities   (19,553)   (5,842)
Net cash (used in)/generated from financing activities   (360,663)   2,179,105 
           
Net decrease in cash and cash equivalents   (13,129,503)   (9,857,542)
Cash and cash equivalents, restricted cash and escrow money receivable at beginning of the period   63,862,139    58,960,384 
Cash and cash equivalents, restricted cash and escrow money receivable at end of the period   50,732,636    49,102,842 
           
Supplemental disclosure of cash flow information:          
Income taxes paid   (508,456)   (345,550)
Interest paid   (106,919)   (972,448)

 

 

FAQ

What does Currenc Group Inc. (CURR) register in this prospectus supplement?

Currenc Group filed a prospectus supplement for a secondary offering covering the potential resale of up to 50,070,187 ordinary shares by existing selling securityholders.

How did Currenc Group Inc. (CURR) perform financially in Q3 2025?

For the third quarter of 2025, Currenc reported US$10.4 million in revenue excluding TNG Asia and GEA, US$5.3 million in gross profit, net income of US$3.1 million, and EBITDA of US$3.6 million.

How are Currenc Group’s remittance and TPV trends for Q3 2025?

Tranglo’s total processing value reached US$1.41 billion, up 10.1% year-over-year, while remittance revenue excluding TNG Asia and GEA increased 54.8% to US$7.0 million with a 0.38% take rate.

What happened to Currenc Group’s airtime transfer business in Q3 2025?

Global airtime transfer revenue was US$2.0 million, down 12.3% year-over-year, as increased free Wi-Fi in Southeast Asia reduced airtime demand; management is deemphasizing airtime and reallocating resources to AI products.

How did Currenc Group manage costs and margins in Q3 2025?

Direct costs of revenue fell 37.0% to US$5.1 million, operating expenses dropped to US$0.5 million, and gross margin improved to 50.8%, driven partly by incentive share adjustments and efficiency measures.

What strategic initiatives did Currenc Group highlight for its future growth?

Management emphasized expanding AI-driven financial solutions, continued focus on remittance and payments, reduced emphasis on lower-margin airtime transfers, and referenced a proposed reverse merger with Animoca Brands as part of its next development phase.

What is Currenc Group’s cash position as of September 30, 2025?

As of September 30, 2025, Currenc Group reported US$50.7 million in cash and cash equivalents and total assets of US$86.9 million on its condensed consolidated balance sheet.
Currenc Group Inc

NASDAQ:CURR

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202.98M
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Medicinal and Botanical Manufacturing
Services-business Services, Nec
NEW YORK