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OxPay Financial Limited ( (SG:TVV) ) has issued an update.
OxPay Financial Limited has addressed shareholder concerns ahead of its April 2026 annual general meeting, outlining efforts to stem four years of mounting losses through technology upgrades and a broadened geographic and product footprint. The Group has completed a pilot launch of an upgraded suite of merchant payment services in Singapore, plans to re-activate direct merchant acquisition in Thailand, strengthen its position in Malaysia and expand into crypto payments following in-principle approval to provide money services in Bhutan’s Gelephu Mindfulness City.
Building on its B2B merchant base, OxPay is developing a consumer-facing B2C payment platform that management expects to pilot in Singapore in the last quarter of 2026, positioning it as one of three main near- to mid-term revenue drivers. The company also defended its 3.42% stake in Indonesia’s PT Iforte Payment Infrastructure, describing it as a strategic and commercial investment that offers transaction referral flows, access to Indonesia’s digital payments growth and future optionality for deeper collaboration without requiring a full on-the-ground presence.
More about OxPay Financial Limited
OxPay Financial Limited is a Singapore-incorporated financial technology company that provides merchant payment services and related digital payment solutions. The Group focuses on B2B payment processing across regional markets such as Singapore, Malaysia, Thailand and Indonesia, and is now planning to expand into consumer-facing payment platforms and emerging segments like crypto payments.
Average Trading Volume: 216,338
Technical Sentiment Signal: Sell
Current Market Cap: S$11.52M
See more insights into TVV stock on TipRanks’ Stock Analysis page.