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SCHEDULE OF BORROWINGS (Details) - Seamless Group Inc [Member] - USD ($) | Dec. 31, 2022 | Dec. 31, 2021
--- | --- | ---
Short-term borrowings | [1] | $ 8,978,390 | $ 3,799,427
Long-term borrowings |  | 12,305,279 | 2,449,318
Less: current maturities |  | (4,426,000) | (344,975)
Non-current maturities |  | $ 7,879,279 | $ 2,104,343
[1] | As of December 31, 2022 and 2021, the Company had several unsecured short-term loans from independent third parties which were repayable within one year and charged interest rates ranging from 15.0% to 24.0% and 15.0% to 17.0% per annum, respectively. As of December 31, 2022 and 2021, the weighted average interest rate of these borrowings was 22.4% and 15.9% per annum, respectively. The borrowings are denominated in HK$ and US$.

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