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Organization and business
12 Months Ended
Dec. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Organization and business

 

1 Organization and business

 

Currenc Group Inc. (the “Company”) is a limited liability company incorporated in the Cayman Islands on March 8, 2021. It is an investment holding company headquartered in Singapore.

 

The Company was originally a publicly traded special purpose acquisition company named INFINT Acquisition Corporation (“INFINT”) formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation with, purchasing all or substantially all of the assets of, entering into contractual arrangements with, or engaging in any other similar business combination with one or more businesses or entities.

 

The Company’s principal subsidiaries at December 31, 2025 are set out below:

 

         Percentage of ownership held by the Company 
Company Name  Place of incorporation  Principal activities  Directly   Indirectly 
Seamless Group Inc.  Cayman Islands  Investment holding   100%     
Dynamic Investment Holdings Limited  Cayman Islands  Investment holding        100%
Bagus Fintech Pte. Ltd.  Singapore  Providing business center services       100%
CURRENC Capital Inc.  Cayman Islands  Investment holding   100%    
CURRENC US INC.  United States  Investment holding   100%    
CURRENC Power Inc.  Cayman Islands  Investment holding   100%    
Seamless AI Inc.  BVI  Investment holding       51%
Seamless Lab Limited  Hong Kong  Development of AI call center and system integration       51%
CURR-ARC GP Limited  Hong Kong  Acting as General Partner of Limited Partnership Fung       100%
CURR-ARC AI Fund 1 LPF  Hong Kong   Limited Partnership Fund       100%
Tranglo Sdn. Bhd.  Malaysia  Provision of international airtime reload, international money transfer services, its related implementation, technical and maintenance services       60%
PT Tranglo Indonesia  Indonesia  Operating money remittance business       60%
PT Tranglo Solusindo  Indonesia  Providing and sourcing airtime and other related services       60%
Tranglo (MEA) Limited  Hong Kong  Providing and sourcing airtime and other related services       60%
Tranglo Europe Ltd  United Kingdom  Operating money remittance business       60%
Tranglo Pte. Ltd.  Singapore  Operating money remittance business       60%
Treatsup Sdn. Bhd.  Malaysia  Research, development and commercialisation of Treatsup application and provision of implementation, technical services and maintenance related to the application       60%
Dynamic Indonesia Holdings Limited  Cayman Islands  Investment holding       100%

 

 

CURRENC GROUP INC. AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS