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Singapura Finance: Investment In 1.6% Stake In MatchMove Pay For US$5 Million.

16 Oct 2019 10:05

Upon completion of the Proposed Subscription of 587,035 Series Bc Preference Shares in the issued and paid-up share capital of Matchmove Pay Pte. Ltd., Singapura Finance Ltd will hold approximately 1.6% of the share capital of Matchmove on a fully-diluted basis. The principal activities of Matchmove are of those of development of end-to-end Banking-as-a-Service wallet solutions with a full suite of Application Programming Interfaces which enables any enterprise to offer a secure mobile solution and virtual/physical cards to customers across the spectrum of Spend, Send, Lend globally. The Proposed Subscription represents an opportunity for the Company to acquire a stake in a business that has possible long-term growth potential...

Attachments:

• Singapura_Finance_-__Annt_on_investment_in_Matchmove_-_16_Oct_2019.pdf

Source: ShareInvestor Express