CURRENC Group Inc.
- Market cap
- $389.62M
- 52w range
- $1.31 - $5.08
- Beta
- 0.16
- Sector
- Technology
- Data quality
- 71/100
- Moat score
- 20/100
- Profit margin
- -48.7%
- Debt / equity
- 1.55
- Revenue growth
- -21.8%
About CURRENC Group Inc.
CURRENC Group Inc., an investment holding company, engages in the provision of money transfer and airtime trading services in Malaysia and Indonesia. It operates in two segments, Remittance Services and Sales of Airtime. The company offers cross-border remittance solutions for financial institutions and payment providers, cross-border payments for non-financial businesses, airtime transfer, and retail telecom credit recharge services. It is also involved in business center operations; development of AI call center solutions and system integration; provision of international airtime reloads; technical and maintenance services; money remittance; providing and sourcing airtime and other related services; and the research, development, and commercialization of the Treatsup application, as well as the provision of implementation, technical, and maintenance services related to the application. In addition, the company provides a single unified application programming interface for licensed banks and money service operators, and acts as a settlement agent for cross-border money transfers, as well as cross-border airtime wholesale and transfer services. Further, it operates WalletKu, an independent electronic platform that allows customers to purchase airtime, conduct internet data top-ups, cash top-ups, transfers, and utility bill payments. The company is headquartered in Singapore.
Valuation
Derived from filed metrics · Moderate confidence (71% of the inputs available)
Moat, fair value and rating computed by our valuation engine (ported from the original Python model).