Solowin (NASDAQ: SWIN), a financial services firm providing solutions across traditional and digital assets, announced it 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. With over 30 years of operational expertise, GPL 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.
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About Solowin Holdings
Solowin Holdings (NASDAQ: SWIN) is a leading financial services firm providing comprehensive solutions across traditional and digital assets. Founded in 2016, it has delivered a unique, full-spectrum ecosystem that seamlessly bridges traditional and decentralized finance, tailored to the evolving demands of the next-generation global economy. Leveraging its Hong Kong Securities and Futures Commission (SFC) licensed subsidiaries with full digital asset capabilities, the Company operates a 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—solidifying its role as a key player in reshaping global finance through a seamless Web3-to-TradFi ecosystem.
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