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Currenc Group ( (CURR) ) has provided an announcement.
On January 2, 2026, Currenc Group announced that its wholly owned subsidiary Seamless Group has agreed to sell its 60% controlling stake in Tranglo, a leading cross-border payment hub with extensive global bank, e-wallet and cash pickup connectivity, to New Margin Holding Limited for US$400 million in cash. The transaction, which values Currenc’s 100,465 Tranglo shares at a significant premium and will be paid in two tranches of US$200 million at closing and within 90 days thereafter, is subject to regulatory approvals and customary closing conditions, and represents the first completed step in Currenc’s broader restructuring strategy to monetize and spin off operating assets, reduce debt and pivot further into AI, Web3 and digital asset initiatives, while positioning Tranglo for its next growth phase under an experienced private equity owner.
The most recent analyst rating on (CURR) stock is a Sell with a $1.50 price target. To see the full list of analyst forecasts on Currenc Group stock, see the CURR Stock Forecast page.
Spark’s Take on CURR Stock
According to Spark, TipRanks’ AI Analyst, CURR is a Underperform.
Currenc Group’s overall stock score is heavily impacted by its poor financial performance, which is the most significant factor. The company’s financial instability, as reflected in its income statement, balance sheet, and cash flow, is a major concern. Technical analysis also indicates a bearish trend, and valuation metrics highlight the lack of profitability. These factors combine to result in a low overall stock score.
To see Spark’s full report on CURR stock, click here.
More about Currenc Group
Currenc Group Inc. (Nasdaq: CURR) is a Singapore-based fintech company focused on transforming global financial services through artificial intelligence solutions. It provides AI-powered call centre and agent platforms aimed at lowering costs and improving efficiency and customer satisfaction for banks, insurers, telecom operators, government agencies and other financial institutions. The company also operates a digital remittance platform that enables e-wallets, remittance firms and corporates to offer real-time, round-the-clock cross-border payment services, with a particular emphasis on expanding financial access in underserved communities worldwide.
Average Trading Volume: 887,865
Technical Sentiment Signal: Sell
Current Market Cap: $137.1M
For detailed information about CURR stock, go to TipRanks’ Stock Analysis page.