SOLOWIN acquires stake in Singapore MPI-licensed firm

Published 2 months ago Neutral
SOLOWIN acquires stake in Singapore MPI-licensed firm
Auto
* SOLOWIN (NASDAQ:SWIN [https://seekingalpha.com/symbol/SWIN]) on Tuesday announced an equity purchase agreement of its 19% equity acquisition in GPL Remittance, a Singapore-based cross-border payment firm.
* GPL holds a Major Payment Institution license issued by the Monetary Authority of Singapore, and has over 30 years of global operational expertise.
* SWIN -1.33% premarket to $4.42.
* Source: Press Release [https://seekingalpha.com/pr/20205066-solowin-acquires-stake-in-singapore-mpi-licensed-firm-to-accelerate-global-payment-network]

MORE ON SOLOWIN HOLDINGS

* Seeking Alpha’s Quant Rating on SOLOWIN HOLDINGS [https://seekingalpha.com/symbol/SWIN/ratings/quant-ratings]
* Historical earnings data for SOLOWIN HOLDINGS [https://seekingalpha.com/symbol/SWIN/earnings]
* Financial information for SOLOWIN HOLDINGS [https://seekingalpha.com/symbol/SWIN/income-statement]