Link: https://links.sgx.com/1.0.0/corporate-announcements/XITB0AU5NUQMWOHU/70bfe61b311b9dabcb00aecceafaa61fc38da43d90af8a170ed0d72606d52a89

Summary:

• Intraco secures a majority stake in SlideSG with a S$3 million exchangeable loan facility.

• In parallel, SlideSG is acquiring the iChange multi-currency debit card platform, instantly adding 45,000 customers.

• The move marks Intraco’s transformative entry into high growth fintech, diversifying from core trading business.

• SlideSG offers secure remittance, money-changing, and e-wallet payments under Singapore’s Payment Services Act 2019.

• Acquisition of iChange brings a multi-currency wallet, Mastercard debit card, and global payments capability.

• Integration creates a seamless platform for digital money-changing and international payments, expanding reach to retail and corporate clients.

• Transaction’s completion is subject to regulatory and closing conditions.