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ACCOUNTS PAYABLE, ACCRUALS AND OTHER PAYABLES
12 Months Ended
Dec. 31, 2022
Seamless Group Inc [Member]  
ACCOUNTS PAYABLE, ACCRUALS AND OTHER PAYABLES

12 Accounts payable, accruals and other payables

 

Accounts payable, accruals and other payables consisted of the following:

 

   2022   2021 
   December 31, 
   2022   2021 
   US$   US$ 
         
Accounts payable   17,871    10,848 
Accruals   4,878,896    11,964,341 
Prefunding from remittance customers   40,910,632    45,522,545 
Incentives received for credit card program   700,521    700,521 
Prefunding from airtime customers   874,889    936,740 
Current portion of finance lease liabilities   -    38,437 
Cash received for the subscription of Convertible Promissory Note   1,058,005    1,058,072 
Accrued interest   3,990,177    468,076 
Tax payable   11,102    16,367 
Other payables   716,938    684,023 
Total   53,159,031    61,399,970 

 

 

SEAMLESS GROUP INC. AND SUBSIDIARIES

 

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS