XML 41 R2.htm IDEA: XBRL DOCUMENT v3.26.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 75,244,405 $ 63,821,397
Restricted cash 34,713 40,742
Accounts receivable, net 1,246,471 2,115,681
Prepayments, receivables and other assets 23,471,874 20,948,216
Total current assets 101,022,285 87,486,859
Non-current assets:    
Equipment, net 1,038,300 1,055,520
Right-of-use asset 199,064 349,240
Intangible assets, net 1,845,560 3,386,117
Goodwill 9,727,871 12,059,428
Deferred tax assets 232,082 342,822
Total non-current assets: 13,042,877 17,193,127
Total assets 114,065,162 104,679,986
Current liabilities:    
Borrowings 11,889,682 20,150,058
Receivable factoring 298,719 258,415
Accounts payable, accruals and other payables 63,808,933 55,329,740
Convertible bonds 1,750,000
Lease liabilities 186,554 171,909
Total current liabilities 90,261,821 145,357,196
Non-current liabilities:    
Borrowings
Convertible bonds 4,599,488
Deferred tax liabilities 508,566 876,912
Employee benefit obligation 45,289
Lease liabilities 156,647
Other payables 44,000
Total non-current liabilities: 5,152,054 1,078,848
Total liabilities 95,413,875 146,436,044
Commitments and contingencies (Note 19)
Shareholders’ equity (deficit):    
Ordinary shares (US$0.0001 par value; 555,000,000 shares authorized 76,611,444 and 46,527,999 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively) 7,661 4,653
Additional paid-in capital 143,798,595 65,638,838
Accumulated deficit (149,954,036) (131,522,902)
Accumulated other comprehensive income 479,625 (108,122)
Total shareholders’ deficit attributable to Currenc Group Inc. (5,668,155) (65,987,533)
Non-controlling interests 24,319,442 24,231,475
Total equity/(deficit) 18,651,287 (41,756,058)
Total liabilities and shareholders’ equity/(deficit) 114,065,162 104,679,986
Related Party [Member]    
Current assets:    
Amounts due from related parties 1,024,822 560,823
Current liabilities:    
Amounts due to related parties $ 14,077,933 $ 67,697,074