Fintech News Singapore
April 2, 2024
6G Digital Private Limited, the Swedish cloud-based integrated digital ecosystem, acquires a 25% stake in Singapore fintech FlexM in a deal valued at USD 12.5 million, with potential full acquisition negotiations by 2024 There is.
![rune waal nilsson](https://fintechnews.sg/wp-content/uploads/2024/04/Rune-Wahl-Nilsson-150x150.jpg)
rune waal nilsson
Led by Rune Waal Nilsson as CEO and operating in six countries, FlexM is a unique Fintech as a Service offering customers and users a modern digital alternative to banking and payments. (FaaS) platform.
The company offers modular products and services through a suite of software technologies, API libraries, and plugins that enable enterprises to launch and manage their own branded fintech/digital banking use cases.
The acquisition aims to combine 6G Digital’s global reach and resources with FlexM’s innovative technology and market expertise.
“Our strategic acquisition of Flex M stock strengthens 6G Digital and enables us to challenge the banking and money transfer industry across six continents. Our goal is to deliver affordable, cutting-edge mobile financial services around the world. to provide.”
MA Zaman, Chairman of 6G Digital, said:
Featured image credit: Edited from Freepik
About the author
More information about the author