Solowin Holdings shares rise 14.69% premarket after announcing intent to acquire a U.S. banking license.

Solowin Holdings surged 14.69% in premarket trading, driven by the company's announcement of its intent to acquire a U.S.-licensed financial institution. This acquisition is a pivotal milestone in Solowin's global expansion strategy, allowing the company to offer a comprehensive suite of international banking services, including deposit-taking, lending, and payment processing for global clients.