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PREPAYMENTS, RECEIVABLES AND OTHER ASSETS (Tables) - Seamless Group Inc [Member] | 12 Months Ended
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Dec. 31, 2023
SCHEDULE OF PREPAYMENTS AND OTHER CURRENT ASSETS | SCHEDULE OF PREPAYMENTS AND OTHER CURRENT ASSETS
|  | 2023 |  |  | 2022 |
|  | December 31, |
|  | 2023 |  |  | 2022 |
|  | US$ |  |  | US$ |
Contract asset |  |  | 6,888,954 |  |  |  | 4,657,799 |
Safeguarding assets |  |  | 1,983,116 |  |  |  | 5,787,354 |
Other receivables |  |  | 100,144 |  |  |  | 54,425 |
Prefunding to remittances partner |  |  | 21,082,897 |  |  |  | 21,896,243 |
Deposits |  |  | 1,402,729 |  |  |  | 1,438,316 |
Goods and services tax/ Value-added tax recoverable |  |  | 26,493 |  |  |  | 13,842 |
Prepayments |  |  | 553,258 |  |  |  | 503,123 |
Airtime stock |  |  | 607,308 |  |  |  | 715,755 |
Inventory |  |  | 125,603 |  |  |  | 162,227 |
Current tax recoverable |  |  | 360,358 |  |  |  | 1,094,332 |
Others |  |  | 1,094,379 |  |  |  | 1,240,134 |
Total |  |  | 34,225,239 |  |  |  | 37,563,550 |
SCHEDULE OF CONTRACT ASSETS | Movement of contract assets are as follows: SCHEDULE OF CONTRACT ASSETS
|  | December 31, |
|  | 2023 |  |  | 2022 |
|  | US$ |  |  | US$ |
As at January 1 |  |  | 4,657,799 |  |  |  | 4,189,989 |
Rights of consideration for service rendered but not billed |  |  | 2,231,155 |  |  |  | 467,810 |
As at December 31 |  |  | 6,888,954 |  |  |  | 4,657,799 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-10 + Details
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- Details
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