Financing ·
On September 20, 2026, Currenc Group Inc. entered into a secured convertible bridge loan agreement with Apex…
CURRCurrenc Group Inc.
On September 20, 2026, Currenc Group Inc. entered into a secured convertible bridge loan agreement with Apex Innovation Global Limited for US$1,500,000. The loan bears interest at 1% per annum and matures on the earlier of eighteen months after drawdown or the completion of the proposed acquisition of Animoca Brands Corporation Limited. Apex may convert the loan into ordinary shares at a price equal to the lower of US$2.85 or 85% of the lowest price in any subsequent fundraising exceeding US$1,000,000, subject to a floor of US$3.19 and an exchange cap of 19.99%. The facility is secured by a first-ranking mortgage over 1,000,000 shares held by Pine Mountain Holdings Limited and guaranteed personally by Alexander King Ong Kong. Currenc Group Inc. operates in the financial technology industry, providing digital remittance services.