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 June 2026
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 ☐
Information
Contained in this Report
On
June 17, 2026, Currenc Group Inc. (Nasdaq: CURR) (“Currenc” or the “Company”) announced that the board of directors
of the Company (the “Board”) unanimously ratified and approved the immediate suspension of active business operations of
its indirect subsidiary, PT Walletku Indompet Indonesia (together with its subsidiaries, “WalletKu”), operating in the digital
payments and airtime distribution sector in Indonesia, due to an ongoing lack of working capital and the permanent forfeiture of its
commercial status as an Authorized Indosat Distributor. The Board further ratified and approved the termination of all of WalletKu’s
remaining workforce, the settlement of outstanding third-party vendor debts related to the operation of WalletKu, and the suspension
of all business activities pending the full discharge of WalletKu’s outstanding financial liabilities. The Company has authorized
the allocation of up to US$150,000 from the holding company level, to be deployed periodically through September 2026, for the settlement
of WalletKu’s employee severance liabilities and outstanding third-party debts. As disclosed in the Company’s FY2025 financial
results, WalletKu’s local airtime revenues declined 46.9% year-over-year to US$7.7 million, and WalletKu’s net loss was US$0.45
million for FY2025. The Board and management of the Company believe that the cessation of WalletKu’s legacy airtime distribution
operations, which had experienced significant revenue declines, is expected to contribute to an improvement in group-level loss metrics.
While the Company believes that a fully capitalized and operational WalletKu may have represented a positive contributor to the Company’s
business, the Board determined that the suspension of active business operations in the current circumstances was in the best interests
of the Company and its shareholders.
This
Report on Form 6-K is incorporated by reference into the registration statement on Form S-8 (File No. 333-288771) of the Company, filed
with the Commission, to be a part thereof from the date on which this report is submitted, to the extent not superseded by documents
or reports subsequently filed or furnished.
Forward-Looking
Statements
This
Report on Form 6-K, including Exhibit 99.1 hereto, contains forward-looking statements within the meaning of the U.S. Private Securities
Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially
from those expressed or implied by such forward-looking statements. Forward-looking statements include, among other things, statements
regarding the expected impact of the suspension of WalletKu’s operations on the Company’s financial results and loss metrics,
the settlement of WalletKu’s employee severance and third-party creditor obligations, the potential resumption of operations under
the WalletKu entity, future operations of certain segments of the Company, and the Company’s ongoing restructuring activities.
Important factors that could cause actual results to differ materially are included in Currenc’s filings with the U.S. Securities
and Exchange Commission. Currenc undertakes no obligation to update any forward-looking statements except as required by applicable law.
INDEX
TO EXHIBITS
| Exhibit
No. |
|
Description |
| 99.1 |
|
Press Release of Currenc Group Inc., dated June 24, 2026, titled “Currenc Group Executes Strategic Restructuring of Indonesian WalletKu Subsidiary to Refocus on High-Growth AI & Web3 Roadmap” |
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:
June 24, 2026
| CURRENC
GROUP INC. |
|
| |
|
|
| By: |
/s/
Wan Lung Eng |
|
| Name: |
Wan
Lung Eng |
|
| Title: |
Chief
Financial Officer |
|
Exhibit
99.1
FOR
IMMEDIATE RELEASE
Currenc
Group Executes Strategic Restructuring of Indonesian WalletKu Subsidiary to Refocus on High-Growth AI & Web3 Roadmap
SINGAPORE,
June 24, 2026 (GLOBE NEWSWIRE) — Currenc Group Inc. (Nasdaq: CURR) (“Currenc” or the “Company”), a
leading AI-powered fintech provider serving financial institutions globally, today announced a targeted operational restructuring for
its indirect Indonesian digital payments subsidiary PT Walletku Indompet Indonesia (“WalletKu”), aligned with the Group’s
long-term strategy to prioritize high-margin artificial intelligence and Web3 verticals and unlock sustainable shareholder value.
After
thorough strategic review of WalletKu’s legacy airtime distribution business, the Company has initiated a temporary pause of active
transactional operations for the division. This deliberate operational suspension follows sustained structural headwinds facing cross-border
airtime remittance across Southeast Asia, including widespread free Wi-Fi penetration that has materially reduced regional demand for
Malaysia-Indonesia airtime transfer services. Due to these headwinds, WalletKu has experienced an ongoing lack of working capital, which
resulted in the cessation of its status as an Authorized Indosat Distributor. As outlined in the Company’s FY2025 financial disclosures,
WalletKu’s regional airtime revenue saw a 46.9% year-over-year adjustment to US$7.7 million, paired with a full-year net loss of
US$0.45 million, trends that highlighted the subsegment’s limited long-term profitability potential relative to Currenc’s
core high-growth AI offerings. While the Company believes that a fully capitalized and operational WalletKu may have represented a positive
contributor to the Company’s business, the board of directors of the Company has determined that the suspension of active business
operations in the current circumstances was in the best interests of the Company and its shareholders.
The
temporary operational pause creates a structured framework to streamline WalletKu’s balance sheet, responsibly resolve all outstanding
third-party commitments, and deliver orderly workforce transitions. The Company has authorized the allocation of up to US$150,000 from
the holding company level, to be deployed periodically through September 2026, for the settlement of WalletKu’s employee severance
liabilities and outstanding third-party debts. The operational suspension is engineered to eliminate ongoing drag on consolidated group
profitability, sharpen the Company’s margin profile, and redirect capital and operational bandwidth toward the Group’s highest-return
AI and Web3 growth lines, which are the core pillars of Currenc’s value creation strategy for shareholders.
Per
the restructuring framework, WalletKu will pause all new and in-progress commercial activities throughout the full lifecycle of liability
reconciliation. Once all outstanding financial commitments are fully resolved and cleared from the subsidiary’s balance sheet,
Currenc will conduct a full strategic review of potential revitalization pathways for WalletKu. Any future reactivation of the business
will be contingent upon two key milestones: complete resolution of all legacy obligations and new capital deployment to build a reimagined
business model tightly integrated with Currenc’s flagship AI digital financial services ecosystem.
Alex
Kong, Founder, Chief Executive Officer, and Executive Chairman of Currenc, commented: “The targeted optimization of WalletKu marks
a pivotal milestone in our multi-year strategic shift away from low-margin legacy airtime distribution toward our high-potential AI and
Web3 fintech platforms, our primary engines for long-term shareholder value creation. We are executing this reset with full accountability
to our team members, business partners, and creditors, following a transparent, structured timeline to settle all outstanding commitments.
Upon successful balance sheet remediation, we will evaluate viable recapitalization and revitalization opportunities for WalletKu that
align with our AI-first digital finance vision, ensuring any future operations drive meaningful, sustainable profitability for Currenc.”
About
Currenc Group Inc.
Currenc
Group Inc. (Nasdaq: CURR) is a fintech pioneer dedicated to transforming global financial services through 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 visit https://www.currencgroup.com.
Safe
Harbor Statement
This
press release contains forward-looking statements made under the “safe harbor” provisions of the U.S. Private Securities
Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially
from those expressed or implied by such forward-looking statements. Forward-looking statements include, among other things, statements
regarding the expected impact of the suspension of WalletKu’s operations on the Company’s financial results and loss metrics,
the settlement of WalletKu’s employee severance and third-party creditor obligations, the potential resumption of operations under
the WalletKu entity, future operations of certain segments of the Company, and the Company’s ongoing restructuring activities.
Important factors that could cause actual results to differ materially are included in Currenc’s filings with the U.S. Securities
and Exchange Commission. Currenc undertakes no obligation to update any forward-looking statements except as required by applicable law.
Investor
& Media Contact
Currenc
Group Investor Relations
investors@currencgroup.com
SOURCE:
Currenc Group Inc.
