Solowin Holdings Acquires 19% Stake in Singapore Payment Institution GPL Remittance

Solowin Holdings (NASDAQ: SWIN), a financial services firm providing solutions across traditional and digital assets, has entered into an equity purchase agreement to acquire a 19% stake in GPL Remittance Pte. Ltd., a Singapore-based cross-border payment institution holding a Major Payment Institution license from the Monetary Authority of Singapore. This strategic investment strengthens Solowin's digital payment infrastructure and positions the company to expand its licensed payment channels, enhance competitiveness, and support large-scale growth in cross-border payments and digital finance.

The acquisition leverages GPL Remittance's over 30 years of operational expertise in the payment industry, providing Solowin with established infrastructure and regulatory compliance in the critical Singapore market. This move aligns with Solowin's broader strategy of bridging traditional and decentralized finance through its unique, full-spectrum ecosystem. The company operates through its Hong Kong Securities and Futures Commission (SFC) licensed subsidiaries with full digital asset capabilities, supported by its robust Web3 Infrastructure Division.

Through its self-developed, vertically integrated, enterprise-grade platform, Solowin delivers compliance traditional finance (TradFi), real-world asset (RWA) tokenization, and global digital payment solutions. The investment in GPL Remittance solidifies Solowin's role as a key player in reshaping global finance through a seamless Web3-to-TradFi ecosystem. The latest news and updates relating to SWIN are available in the company's newsroom at https://ibn.fm/SWIN.

This acquisition has significant implications for the cross-border payment industry, particularly in the Asia-Pacific region where digital finance adoption is accelerating. By combining Solowin's digital asset expertise with GPL's established payment infrastructure and regulatory standing, the partnership creates a powerful platform for innovation in global payments. The move positions both companies to capitalize on the growing demand for efficient, secure, and compliant cross-border payment solutions in the evolving digital economy.

The strategic investment reflects the increasing convergence of traditional financial services and digital asset technologies, highlighting the importance of regulatory compliance and established infrastructure in the rapidly evolving financial landscape. For more information about financial communications and market updates, readers can visit https://www.ChineseWire.com. The terms of use and disclaimers applicable to all content are available at https://www.ChineseWire.com/Disclaimer.