Currenc Group Divests 60% Stake in Tranglo to New Margin Holding Limited.

Currenc Group Inc. has executed a share purchase agreement to divest its 60% controlling interest in Tranglo, a cross-border payment hub, to New Margin Holding Limited. The transaction marks a strategic milestone in Currenc's transformation and value-unlocking initiatives. Tranglo enables secure and seamless international transactions for businesses and financial institutions, with a global network of banks, e-wallets, and payout partners facilitating remittance payouts through over 5,000 bank connections.